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)
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Christian Hayes
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9124 Woodman Ave, Los Angeles, California, 91331
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The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
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9124 Woodman Ave
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