Anaheim and Lakme

218-236 East Anaheim Street, Los Angeles, CA 90744

  • For Sale $2,350,000
  • Property Type Retail - Street Retail
  • Property Size 8,104 SF
  • Lot Size 0.43 Acre
  • Additional Rent Contact for pricing
  • Parking Spaces Avail. 31
  • Parking Ratio 3.83 / 1,000 SF
  • Property Tenancy Multi-Tenant
  • Year Built 1924
  • Date Updated Dec 10, 2024
Presenting a prime value-add investment opportunity at 218-236 E Anaheim St, Wilmington—a fully leased strip center with under-market rents and short-term leases, ideal for strategic repositioning. Situated near the Port of Los Angeles, the nation’s busiest container port, this property benefits from significant economic activity and infrastructure investments in the area. Recent developments include the opening of the $77.3 million Wilmington Waterfront Promenade, enhancing public access and community engagement (Port of Los Angeles). Additionally, the Port has been awarded a $412 million grant from the U.S. Environmental Protection Agency to support zero-emission initiatives, reflecting a commitment to sustainable growth (Port of Los Angeles). The property’s strategic location offers tenants seamless connectivity to major transportation routes, aligning with the dynamic commercial real estate landscape of Greater Los Angeles. This investment presents a compelling opportunity to capitalize on the area’s ongoing transformation and economic vitality.Seize this exceptional chance to own a fully leased strip center at 218-236 E Anaheim St, strategically positioned in the bustling heart of Wilmington. With under-market rents and minimal lease terms remaining, this property offers a rare value-add opportunity for investors looking to unlock its full potential. Located minutes from the Port of Los Angeles—the nation’s busiest container port—this asset benefits from unparalleled access to one of the region’s key economic drivers. Recent developments, such as the $77.3 million Wilmington Waterfront Promenade and a $412 million investment in zero-emission infrastructure, have amplified the area’s appeal, driving both growth and foot traffic. The property boasts prominent street frontage along Anaheim St., excellent visibility, and proximity to major transportation arteries, ensuring strong tenant retention and attracting new tenants in a competitive market. Highlights: • Fully leased with below-market rents • Short-term leases create immediate repositioning potential • Located near major economic hubs and transportation networks • Strong growth area with recent infrastructure and economic investments Position yourself at the forefront of Wilmington’s economic evolution and the broader Greater Los Angeles commercial landscape. This is your opportunity to invest in a high-demand market poised for continued growth.
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Highlights

  • Fully leased (gross) with below-market rents
  • Investor can increase income by converting to NNN leases as current leases expire
  • Short-term and month to month leases create immediate repositioning potential
  • 100% occupancy with stable tenant base
  • Zoned C for versatile retail use
  • Prime location on East Anaheim Street
  • High visibility and foot traffic
  • Strong rental income with room for growth
  • Well-maintained property with recent updates
  • Excellent investment opportunity in Los Angeles

Contacts

broker

Location

Getting Around

  • Walk Score ®

    86/100 Very Walkable
  • Transit Score ®

    42/100 Some Transit
  • Bike Score ®

    89/100 Very Bikeable
Powered by Walk Score ®
  • City Los Angeles, CA
  • Neighborhood Wilmington
  • Zip Code 90744
  • Market Los Angeles

Points of Interest

  • Pacific Avenue

    3.87 miles

  • Anaheim Street

    4.09 miles

  • 5th Street

    4.11 miles

  • Pacific Coast Highway

    4.14 miles

  • Wardlow

    4.62 miles

  • Del Amo

    5.50 miles

  • Chevron

    0.93 miles

  • 76

    1.52 miles

  • USA gas

    1.95 miles

  • Valero

    1.99 miles

  • Shell

    2.69 miles

  • Mobil

    2.71 miles

  • San Pedro Gas N' More

    3.02 miles

  • eVgo

    3.33 miles

  • Blink

    4.26 miles

  • ChargePoint

    5.34 miles

  • Harbor Park Park And Ride

    1.40 miles

  • Lot 8

    1.41 miles

  • Lot 6

    1.52 miles

  • Car carriers

    2.30 miles

  • San Rafael Club House

    2.37 miles

  • San Pedro Park And Ride

    2.50 miles

  • gravel parking

    2.52 miles

  • Harbor Beacon Park and Ride

    2.53 miles

  • parking structure

    2.69 miles

  • Walgreens Parking

    2.94 miles

  • Wingstop

    0.18 miles

  • Domino's

    0.76 miles

  • El Taco Loco

    0.76 miles

  • McDonald's

    0.77 miles

  • El Pollo Loco

    0.78 miles

  • Taco Bell

    0.78 miles

  • Gus Burgers

    0.85 miles

  • Dunkin'

    1.08 miles

  • Jack in the Box

    1.12 miles

  • Denny's

    1.53 miles

  • Northgate Gonzalez Market

    0.92 miles

  • Numero Uno 113

    1.56 miles

  • Albertsons

    1.97 miles

  • Target

    2.35 miles

  • Ross

    2.68 miles

  • 7 Days Food Store

    3.20 miles

  • Superior Grocers

    3.21 miles

  • Smart & Final

    3.22 miles

  • Ralphs

    3.28 miles

  • Trader Joe's

    3.37 miles

Frequently Asked Questions

How much does Anaheim and Lakme cost?

The space currently listed for sale at Anaheim and Lakme asks for $2,350,000.

What is the total square footage of Anaheim and Lakme?

Anaheim and Lakme totals 8,104 square feet.

When was this property built?

Anaheim and Lakme was built in 1924.

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