4620 E 3rd St

4620 E 3rd St, Los Angeles, CA 90022

  • For Sale $1,100,000
  • Property Type Retail - Street Retail
  • Property Size 2,340 SF
  • Units 2
  • Lot Size 0.16 Acre
  • Additional Rent Contact for pricing
  • Parking Spaces Avail. 8
  • Property Tenancy Multi-Tenant
  • Year Built 1963
  • Date Updated May 6, 2024
Nestled in the vibrant neighborhood of East Los Angeles, the area surrounding 4620 E. 3rd St. exudes a unique cultural charm and dynamic energy. With a rich tapestry of diverse businesses, local eateries, and community-centric spaces, this neighborhood offers a genuine sense of connection. Strategically positioned, residents and visitors alike benefit from the convenience of nearby amenities, ensuring a thriving atmosphere that contributes to the overall appeal of this East LA locale.This exceptional property at 4620 E. 3rd St., Los Angeles, CA 90022, stands out as a lucrative investment opportunity. Boasting a ground floor retail space under a long-term lease and a consistently occupied second-floor apartment, its unique features, including well-positioned parking and high-visibility pole signage for the ground floor, enhance its appeal. The potential for the ground floor to be delivered vacant at close makes it an ideal prospect for an owner-user, especially when considering financing options such as an SBA loan.

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Highlights

  • Occupancy Details: The property's ground floor is currently leased long-term, providing stable income, while the second-floor apartment has a reliable, longstanding tenant. This dual-income stream enhances the property's overall financial stability.
  • Owner-User Potential: The ground floor, with the possibility of being delivered vacant at close, offers an enticing opportunity for an owner-user looking to establish their business. This flexibility aligns seamlessly with the property's other features.
  • SBA Loan Opportunity: Consider the advantages of utilizing an SBA loan for acquisition. The potential for owner occupancy, coupled with the stable income from the existing leases, positions this property as a viable and strategic investment.
  • Parking and Signage Features: Standout features include well-positioned parking for convenience and high-visibility pole signage for the ground floor, ensuring optimal exposure and accessibility for potential businesses.
  • Stable Income Streams: Long-term leases and consistent tenant occupancy contribute to the property's financial stability, making it an attractive option for investors and owner-users alike.
  • Owner-User Flexibility: The potential for the ground floor to be delivered vacant at close opens doors for owner-users, offering an ideal space to establish and grow their business.
  • SBA Loan Compatibility: Explore the potential of securing an SBA loan, leveraging the property's owner-occupancy potential alongside its existing income streams for a strategic and accessible financial option.
  • Strategic Investment Features: Beyond tenancy and flexibility, the property's well-positioned parking and high-visibility pole signage enhance its market appeal, making it a standout choice for businesses seeking optimal exposure and accessibility.

Contacts

broker

Aaron Guido

CBM1

Location

Getting Around

  • Walk Score ®

    75/100 Very Walkable

  • Transit Score ®

    68/100 Good Transit

  • Bike Score ®

    49/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Los Angeles, CA
  • Neighborhood East Los Angeles
  • Zip Code 90022
  • Market Los Angeles

Points of Interest

  • Indiana

    1.49 miles

  • Soto Station

    2.62 miles

  • Montebello/Commerce

    2.92 miles

  • Mariachi Plaza Metro Station Entrance

    3.20 miles

  • Los Angeles Union Station

    4.21 miles

  • Union Station

    4.25 miles

  • Washington

    4.50 miles

  • Chinatown Station

    4.52 miles

  • Chinatown

    4.53 miles

  • Civic Center/Grand Park

    4.79 miles

  • Shell

    0.63 miles

  • Mobil

    0.69 miles

  • 76

    0.74 miles

  • Arco

    0.99 miles

  • Sinclair

    1.55 miles

  • Chevron

    1.80 miles

  • ChargePoint

    6.77 miles

  • Tesla Supercharger

    6.94 miles

  • Electric Vehicle Charging Station

    7.04 miles

  • EVgo

    9.69 miles

  • Metro Park and Ride

    0.15 miles

  • Park and Ride

    2.19 miles

  • Greenlee Plaza Parking B

    2.22 miles

  • Lot 3

    2.23 miles

  • The Citidel Outlet Mall Overflow Parking

    2.26 miles

  • Lot 4

    2.30 miles

  • Employee Parking

    2.54 miles

  • Parking Structure C

    2.55 miles

  • Domino's

    0.54 miles

  • Pronto Pizza

    0.55 miles

  • Denny's

    0.55 miles

  • Tokyo Express: Chinese Food to Go

    0.55 miles

  • Tutti Frutti Frozen Yogurt

    0.55 miles

  • Tamales Lilianas

    0.55 miles

  • Subway

    0.56 miles

  • Olymic Donuts

    0.58 miles

  • Jack in the Box

    0.70 miles

  • Tacos Ensenada

    0.72 miles

  • Ralphs

    1.25 miles

  • Superior Grocers

    1.26 miles

  • Target

    1.37 miles

  • El Super

    1.59 miles

  • 600-662

    1.96 miles

  • Vallarta

    1.98 miles

  • Food 4 Less

    2.11 miles

  • Smart & Final

    2.30 miles

  • Albertsons

    2.53 miles

  • Northgate Market

    2.73 miles

Frequently Asked Questions

How much does 4620 E 3rd St cost?

The space currently listed for sale at 4620 E 3rd St asks for $1,100,000.

What is the total square footage of 4620 E 3rd St?

4620 E 3rd St totals 2,340 square feet.

When was this property built?

4620 E 3rd St was built in 1963.

Looking for more in-depth information on this property?

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Contact Listing Broker

broker

Aaron Guido

CBM1