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5306 S Normandie Avenue
Los Angeles, CA 90037

Price: $825,000 Zoning: C2-1VL-CPIO
Bldg SF: 3,555 SF Price/SF: $232
Land SF: 4,610 SF Parking: 5 Spaces
Click to View Offering MemorandumClick to Print Offering Memorandum

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


Matthew Luchs
(818) 212-2727
matthew.luchs@marcusmillichap.com
License # 01948233


Ingrid Farias-Eisner
(310) 909-5449
ingrid.fariaseisner@marcusmillichap.com
License # 02071328

Price: $825,000
Bldg SF: 3,555 SF
Land SF: 4,610 SF
Year Built: 1948
Price/SF: $232
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


Matthew Luchs
(818) 212-2727
matthew.luchs@marcusmillichap.com
License # 01948233


Ingrid Farias-Eisner
(310) 909-5449
ingrid.fariaseisner@marcusmillichap.com
License # 02071328

Investment Highlights

COMMERCIAL BUILDING WITH STRONG FUNDAMENTALS LOCATED ALONG HIGHLY TRAFFICKED NORMANDIE AVENUE

 

  • The property will be delivered vacant
  • An owner-user would have the ability to occupy 100% of the building
  • A value-add investor would have the opportunity to stabilize the property
  • The dense location is ideal for owner-users and tenants, the property is only two miles from the University of Southern California and Natural History Museum of Los Angeles

 

OWNER-USER OR VALUE ADD OPPORTUNITY IN THE SOUTH LOS ANGELES SUBMARKET

 

  • Located just south of Normandie Avenue and 53rdStreet
  • 45 feet of frontage along Normandie Avenue
  • This location sees north of 27,000 vehicles per day
  • 4 covered and gated parking spaces
  • 10’ ceilings
  • 2 miles from the Interstate-110 Freeway

 

DENSE DEMOGRAPHICS AND IMMEDIATE POPULATION IN THE SOUTH LOS ANGELES MARKET

 

  • There are over 55,300 people located within one mile of the property, 463,400 people within three miles, and 1,219,000 people within five miles of the property
  • There are over 14,400 households located within one mile of the property, 128,100 households within three miles, and 375,500 within five miles of the property
  • Average household income within one mile of the property surpasses $58,700, $60,800 within three miles, and $65,600 within five miles