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Posted: Tuesday, July 11, 2017 12:45 PM

Shopping Center in East Los Angeles
Fetterly Plaza
$4,150,000
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Situated on a large 0.6-acre lot less than a half block to the north of the signalized corner of S. Fetterly Ave. and Whittier Blvd. The offering consists of a two story, 18,440 rentable sqft. multi-tenant retail building constructed in 1990 and a surface parking lot that consists of 44 spaces. The property benefits from easy ingress-egrees from two curb cuts on Fetterly Ave. and features loading access from an alleyway to the south of the premises. The property currently generates a 4.84% capitalization on actual income and is 75% occupied to a strong mix of local daily needs tenants that cater to the surrounding population, many of whom are on below market leases. Excellent opportunity to purchase a property with a consistent income. The offering is in an excellent location in the heart of East Los Angeles's central business district on Fetterly Avenue less than a half block from bustling Whitter Boulevard.

Newly Painted
Located in the heart of East Los Angeles
Well-maintained building
75% tenant occupied

SqFt: 18440
Yr Built: 1990
Asking: $4,150,000
Property Address
757 Fetterly Ave.
Los Angeles, CA
90022
 

Alexis Kim
Secured Properties
213-200-5882
Contact Agent

Lic#: 01377398
 

 


• Location: Los Angeles

• Post ID: 127054073 la
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