9124 Woodman AveLos Angeles, CA 91331

  • Retail properties
  • 11,105 SF
For Sale
$4,150,000 View listing

Property Details for 9124 Woodman Ave

Year built
1980
Property size (Sq ft)
11,105 SF
Property type
Retail properties
Property subtype
Lifestyle centers

Description

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.

9124 Woodman Ave, Los Angeles, California

Location Insight

City
Los Angeles
County
Los Angeles
State
California
Latitude
34.2362
Longitude
-118.441

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