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4406 W 2nd Street
Los Angeles, CA 90004

Price: $3,600,000 Zoning: LAC2
Bldg SF: 11,016 SF Price/SF: $327
Land SF: 9,280 SF CAP Rate: 4.85%
Year Built:  1923 Property Type: Retail
Click to View Offering MemorandumClick to Print Offering Memorandum

Exclusively Listed by:
Brandon Michaels
(818) 212-2794
bmichaels@marcusmillichap.com
License # 01434685

4406 W 2nd Street, Los Angeles, CA 90004
Price: $3,600,000
Bldg SF: 11,016 SF
Land SF: 9,280 SF
Year Built: 1923
CAP Rate: 4.94%
Price/SF: $327
Property Type: Retail
Click to View Offering MemorandumClick to Print Offering Memorandum

Exclusively Listed by:
Brandon Michaels
(818) 212-2794
bmichaels@marcusmillichap.com
License # 01434685

Investment Highlights

◆ Stabilized Investment Opportunity in Prime Koreatown
◆ 98% Occupied by Long Term Tenants on Fully Triple-Net Leases
◆ Current NNN Charges ~$0.76/SF – Increased Property Taxes Won’t Hurt Tenants
◆ Signalized Corner with Excellent Visibility and Nearly 45,000 Cars Per Day
◆ Rapidly Developing Submarket – Thousands of New Units and Commercial Space Planned & Under-Construction