Storefront For Sale • 4,800 SF
| Excellent investment property - Over 7.00% CAP rate in first year based on current rental income, new property taxes, and operating expenses. |
| Long Term Tenants with Short Term Modified Gross Leases of 5 years or less. |
| Potential for future Multifamily R4 Density or Mixed-Use Development (Subject to CPIO limits) |
| Large parking lot with 25 spaces 5:1 parking |
| Cap Rate: | 7.03 % |
| Total Expenses: | $42,606 USD |
| Airport | Drive | Walk | Distance |
|---|---|---|---|
| Long Beach (Daugherty Field) | 23 min | - | 14.2 mi |
| Los Angeles International | 29 min | - | 21.0 mi |
| John Wayne/Orange County | 45 min | - | 34.4 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 28 |
| Type: | Surface |
| Included in Rent: | Yes |