For Sale
$4,150,000

9124 Woodman Ave Los Angeles, CA 91331

11,105 SF Shopping Center, 100% Leased

Overview

Added:
Dec 11, 2024
Days on market:
136
This exceptional investment opportunity presents Kagelwood Center, a 11,105-square-foot shopping center located at 9124 Woodman Ave, Los Angeles, CA 91331. The property boasts a strong 6.10% capitalization rate and a Net Operating Income (NOI) of $253,308, reflecting its excellent financial performance. Currently 100% occupied by five diverse tenants, including a laundromat, barber shop, dentist, pharmacy, and medical clinic, ensuring a stable income stream. Built in 1980, this single-story building sits on a desirable corner lot, providing excellent visibility and signage opportunities (pole and fascia signage available). The property benefits from its location in a high-traffic area within a state enterprise zone, near major freeways (118, 405, and 5) and prominent retailers such as Vallarta, CVS, WSS, Panda Express, Jack-in-the-Box, McDonald's, and Subway. The property is zoned P-1VL & C2-1VL, and its APN is 2642-030-021. The asking price is $4,150,000, translating to a price per square foot of $373.71. This is a triple-net (NNN) leased property, offering a low-maintenance investment with significant upside potential. The property's strong tenant mix, prime location, and high occupancy make it an attractive addition to any portfolio.

Highlights

  • Triple-Net (NNN) Lease in Place
  • Located in a State Enterprise Zone
  • Corner Lot with High Visibility
  • Ample Signage Opportunities (Pole and Fascia)
  • Excellent Freeway Access (118, 405, & 5 Freeways)
  • Strong Retail Co-Tenancy (Vallarta, CVS, WSS, and others)

Property Details for 9124 Woodman Ave

Property type
Lifestyle centers, Power centers
Square Feet
11,105 SF
Year Built
1980
Buildings
1
Stories
1
Units
5

Location Insight

City
Los Angeles
County
Los Angeles
State
California
Latitude
34.2361612
Longitude
-118.4407548

FAQs

What type of property is this?
Lifestyle center - 11,105 SF Shopping Center, 100% Leased
Where is the lifestyle center located?
The property is located at 9124 Woodman Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $4,150,000.
What are key features of this property?
This property features: Triple-Net (NNN) Lease in Place; Located in a State Enterprise Zone; Corner Lot with High Visibility
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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9124 Woodman Ave
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