801-817 Maple AveLos Angeles, CA 90014

  • Retail properties
  • 14,481 SF
For Sale
$5,750,000 View listing

Property Details for 801-817 Maple Ave

Year built
2007
Lot size
0.32 AC
Property size (Sq ft)
14,481 SF
Property type
Retail properties
Property subtype
Other retail properties

Description

This exceptional retail property, located at 801-817 Maple Ave in Los Angeles, CA 90014, presents a compelling investment opportunity. The single-story, 14,481 square foot building, constructed in 2007, sits on a 0.32-acre lot (APN 5145012027) and boasts 10 units, making it ideal for both owner-users and investors. The property features a substantial 3,276 square foot mezzanine, adding significant usable space. The building's prime corner location at the intersection of 8th Street and Maple Avenue places it within the desirable Downtown Los Angeles Fashion and Accessory District. Its strategic location offers easy access to major freeways including the 10, 5, 110, and 101, ensuring high visibility and convenient transportation. The property is zoned M2-2D and is situated near numerous new residential apartments, guaranteeing a strong customer base. The building offers a Net Operating Income (NOI) of $271,422.60, resulting in an attractive 4.72% capitalization rate. The asking price for this exceptional property is $5,750,000. This is a rare opportunity to acquire a substantial retail property in a thriving Los Angeles location. The total land area is approximately 14,026 square feet.

801-817 Maple Ave, Los Angeles, California

Location Insight

City
Los Angeles
County
Los Angeles
State
California
Latitude
34.0408
Longitude
-118.252

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