6520 Crenshaw Boulevard

    Los Angeles (City), CA 90043
    • $3,375,000
    • STATUS: Active
    • ON SITE: 57 days
    • ID#: OC19200189
    UPDATED: 154 min ago
    $3,375,000
    • 0
      BEDS
    • 0.4
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 8,672
      SQFT
    • $389
      $/SQFT
    Type:
    Commercial
    Built:
    1964
    County:

    School Ratings & Info

    Description

    UNO Plaza has been redeveloped into a multi-tenant shopping center in 2006 with a facade update in 2014. A majority of the businesses have been there since its inception with the exception of Papa John's. An OWNER-USER opportunity available. Coin Laundry unit is 4,050 sf is for lease for the first time in 13 years. With brand new equipment, the coin laundry business can be up and going in no time! UNO Plaza is currently anchored by Papa John's which is signed under a long term contract.Pro forma cap rate is 5% based upon 100% occupancy.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-10-18T00:36:20.21. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or J1 REALTY GROUP. Licensed in the State of California, USA.
    www.j1re.com/homes/98176530

    6520 Crenshaw Boulevard Los Angeles (City), CA 90043

    • Price: $3,375,000
    • Status: Active
    • Updated: 154 min ago
    • ID#: OC19200189
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.4
    Acres
    8,672
    SQFT
    $389
    $/SQFT
    1964
    Built
    Neighborhood:
    C34 - Los Angeles Southwest
    County:
    Los Angeles
    Area:
    C34 - Los Angeles Southwest
    Property Description
    UNO Plaza has been redeveloped into a multi-tenant shopping center in 2006 with a facade update in 2014. A majority of the businesses have been there since its inception with the exception of Papa John's. An OWNER-USER opportunity available. Coin Laundry unit is 4,050 sf is for lease for the first time in 13 years. With brand new equipment, the coin laundry business can be up and going in no time! UNO Plaza is currently anchored by Papa John's which is signed under a long term contract.Pro forma cap rate is 5% based upon 100% occupancy.
    Exterior Features

    Lot Features Corner Lot Lot Size Source Assessor Lot Size Units Square Feet

    Interior Features

    Condo Area Units Square Feet Laundry Features None

    Property Features

    Accounting Type Actual Additional Parcels Description 4006015016 Additional Parcels YN Yes Asset Class Retail Building Area Units Square Feet Building Expenses 500.00 Building Status Existing Cap Rate 5.00 Country Us Electric Expense 1442.87 Expense Year 2018 Gross Scheduled Income 206381.00 Insurance Expense 4428.00 Investment Property YN Yes Land Lease YN No Land Use Retail Laundry YN No Leasable Area Units Square Feet Legal Accounting Expense 2124.00 Maintenance Expense 1698.04 Max Total Area Units Square Feet Min Total Area Units Square Feet Net Operating Income 152780.79 Operating Expense 54800.52 Professional Management Expense 8435.71 Property Sub Type Retail Real Estate Tax Expense 32230.34 Special Listing Conditions Standard Tax Year 2018 Total Expenses 54800.52 Trash Expense 3941.56 Water Source Public

    Listing provided courtesy of Emmanuel Joe of Grand Avenue Realty & Lending


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-10-18T00:36:20.21. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or J1 REALTY GROUP. Licensed in the State of California, USA.
     
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