See Home Value
Lynwood 90262 Lynwood
11551 Atlantic Avenue
$1,397,760*
Commercial - Off Market

11551 Atlantic Avenue

Lynwood, CA 90262
bedrooms
Studio
bathrooms
0 Bath
$1,035,000 - $1,265,000
Reference Base Price*
21.54%
Since May 1, 2021
CA-Los Angeles
Primary Model

About This Property

Multi-Tenant Strip Retail Property in C3 zone.  Very convenient location!! Three individual tenants with separate address - 11551, 11555, and 11557 Atlantic Blvd.  The generally rectangular-shaped subject site is improved with a wood frame and stucco, multitenant strip retail building totaling 5,468 rentable square feet.  The building is 100% tenant occupied.   This one-story building was constructed in 1955.  The surface parking lot at the rear of the subject building allows a total of 24 tandem parking spaces.  The subject property is 100.0% occupied and leased by three tenants.  Unit 11551 (1,476 rentable square feet) is leased to Karate Azteca Tae Kwon Do.  Unit 11555 (1,531 rentable square feet) is leased to La Favorita Bakery.  And Unit 11557 (2,461 rentable square feet) is leased to Alvizar Market/Buffet.  Each unit has an open-bay area with approx. 10 ft ceiling clearance, a private office/storage room.  Unit 11555 has two restrooms.  Units 11551 and 11557 each have one restroom.  All the restrooms are single-fixture or have one toilet and one sink.  Each unit has a front entrance door providing direct access from the sidewalk along Atlantic Avenue and a rear door which provides direct access to the rear of the building from the parking lot.  Easy access to 105 & 710 FWY.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
Commercial
Property Taxes
-
HOA Dues
-
Year Built
1955

Price History

Date / Event Date Event Price
Apr 2, 2021 No longer available -
No longer available
Dec 9, 2020 Price Decreased $1,150,000
↓ $149K (11.5%)
Price Decreased
Nov 18, 2020 Relisted $1,299,000
Relisted
Nov 17, 2020 No longer available -
No longer available
Nov 8, 2020 Relisted $1,299,000
Relisted
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Property Highlights



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20200607
06/07/2020
Loft
-
-
$1,299,000
bedrooms
Loft
bathrooms
-
-
-
-
-
20190809
08/09/2019
Studio
-
-
$1,400,000
bedrooms
Studio
bathrooms
-
-
-
-
-

Building Info

11551 Atlantic Avenue 11551 Atlantic Avenue, Lynwood, CA 90262
More about this Building
11551 Atlantic Avenue
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