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7201 Broadway
Los Angeles, CA 90003 Canndu/Avalon Gardens

$2,095,000 USD

Freestanding For Sale  •  6,245 SF

Property Details

  • Property Type Freestanding
  • Total Building Size 6,245 SF
  • Lot Size 0.23 AC
  • Building Class C
  • Year Built 1930
  • Cap Rate 6.33 %
  • Tenancy Multiple
  • Zoning C2-1VL
59 Transit Score
82 Walk Score

Highlights

A rare low price point strip center with strong current income & A value-add component.
Strategically positioned at a signalized hard corner intersection with 66,000+ cars per day, ensuring tremendous visibility.
A well-curated lineup of businesses catering to the area’s strong local demand, providing stability and synergy.
Highly dense infill area with a population of over 1MM within a 5 mile radius.
Internet and recession proof tenants catering to local residents
Close proximity to the I-110 FWY and over 311,000 daily commuters.

Property Flyers

Cap Rate: 6.33 %

Major Tenants

Tenant SF Occupied Lease End Date
Louisiana Fried Chicken

Amenities

  • Corner Lot
  • Signage
  • Signalized Intersection
  • Air Conditioning

Public Transportation

Commuter RailDriveWalkDistance
11 min - 7.7 mi
Union Station (91 Line - Southern California Regional Rail Authority (Metrolink), Antelope Valley Line - Southern California Regional Rail Authority (Metrolink), Orange County Line - Southern California Regional Rail Authority (Metrolink), Riverside Line - Southern California Regional Rail Authority (Metrolink), San Bernardino Line - Southern California Regional Rail Authority (Metrolink), Ventura County Line - Southern California Regional Rail Authority (Metrolink)) 14 min - 7.9 mi
AirportDriveWalkDistance
Los Angeles International 16 min - 8.7 mi
Long Beach (Daugherty Field) 23 min - 17.0 mi
Bob Hope 31 min - 22.9 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 10
Type: Surface
Included in Rent: Yes
Rami Meheraban 323-471-4747 Peak Commercial
Rami Meheraban 323-471-4747 Peak Commercial