$1,397,760*
●
Commercial -
Off Market
11551 Atlantic Avenue
Lynwood, CA 90262
Studio
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
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
06/07/2020
|
|
Loft
|
-
|
-
|
$1,299,000
Loft
-
|
-
-
|
-
|
-
|
08/09/2019
|
|
Studio
|
-
|
-
|
$1,400,000
Studio
-
|
-
-
|
-
|
-
|