11912 Rosecrans Avenue

  • Norwalk

  • $593,000
  • Acres
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Commercial Sale Details

Description & Essential
Description
This storefront retail property consists of three tenants each with small units of approx 750 sq. ft. Two of the tenants (hair salon and party rental) have been at this location for approximately 10 years. The juice bar tenant has been at this location for 2 years. All tenants make rent payments in a timely manner and the property is extremely easy to manage. All leases are NNN. All 3 units are separately metered for electricity. There are 6 parking stalls in the rear (5 standard + 1 handicap). Although there has been very low historical vacancy here, the units are very easily rented due to the small unit size. Rents are low at $1.20 NNN per sq. ft. average. All units are 750 sf. Juice Bar Base Rent $890 + 190 NNN expires 3/31/2019; Party Supply Base Rent $885 + $190 NNN expires 6/30/20; Beauty Salon Base Rent $943 + $190 NNN expires 6/31/19.
Essential
MLS #DW18069430
Price Per SqFt$263.56
Sub-TypeRetail
CountyLos Angeles
StateCA
AreaM1 - Norwalk
StatusPending
Sale TypeStandard
Building StatusExisting
Listing BrokerageApex Properties
Listing AgentChris Comfort
Listing Agent BRE #01407997

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Based on information from California Regional Multiple Listing Service, Inc. as of Thursday, May 3, 2018. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.