11671-11685 S Atlantic Ave
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11671-11685 S Atlantic Ave
11,423 SF 100% Leased Retail Building Lynwood, CA 90262 £2,370,030 (£207/SF) 5.20% Net Initial Yield
Investment Highlights
- Fully occupied with room to increase rents and low maintenance.
- North of the 105 freeway and east of the 710 freeway.
Executive Summary
Commercial Retail and Residential Income Mixed Use total 12 units in the heart of Lynwood. Excellent income producing property and opportunity to own a mixed use 7 commercial retail spaces and 5 residential apartments. It is located on a very busy street
with incredible visibility, heavy foot traffic and high walkability.
with incredible visibility, heavy foot traffic and high walkability.
Property Facts
Sale Type
Investment
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Building Size
11,423 SF
Building Class
C
Year Built
1946
Price
£2,370,030
Price Per SF
£207
Net Initial Yield
5.20%
NOI
£123,273
Percent Leased
100%
Tenancy
Multiple
Number of Floors
2
Building FAR
0.57
Land Acres
0.46 AC
Zoning
C3, Lynwood - Stores and Residential
Parking
25 Spaces (2.32 Spaces per 1,000 SF Leased)
Frontage
202 ft on S. Atlanic Ave
Amenities
- Restaurant
- Storage Space
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | £739,318 | |
| Land Assessment | £668,906 | Total Assessment | £1,408,225 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
£668,906
Improvements Assessment
£739,318
Total Assessment
£1,408,225
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11671-11685 S Atlantic Ave
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