Price $
Home > Los Angeles real estate for sale > Los Angeles commercial

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

Shopping Center in East Los Angeles
Fetterly Plaza
Click to view
Click for details

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

Alexis Kim
Secured Properties
Contact Agent

Lic#: 01377398


• Location: Los Angeles

• Post ID: 127054073 la is an interactive computer service that enables access by multiple users and should not be treated as the publisher or speaker of any information provided by another information content provider. © 2017