Restaurant + Vacant Retail in Prime El Sereno 4874-4878 Huntington Dr S

Investment Highlights

Pho Eastern Restaurant: 1,454 SF with Lease Expiration 10/31/24. 2 Parking in Rear. 2 Adjacent APNs to be Purchased Together Significantly Improving Local Demographics: El Sereno's Average Home Price is now $809,060 - up 6% From Last Year Retail Store: 2,225 SF Vacant with Brand New Electrical Panel, Sub Panel, Meter and Lighting. 2 Parking in Rear. Excellent Location Near Eastern & Huntington Dr - Easy Access to Lincoln Heights, South Pas, Alhambra, Monterey Hills and Highland Park Directly Across From Chase Bank and US Post Office. Parking in Rear is Accessible Via Public Parking Lot

Executive Summary

4874-4876 Huntington Dr. is a unique opportunity to purchase two retail buildings on 2 separate APNs in the heart of El Sereno, just steps from the highly trafficked intersection of Eastern & Huntington Drive. There is parking behind the buildings which can be accessed via the public parking lot on Navarro St. Excellent owner-user or investment opportunity in a Northeast LA neighborhood seeing huge growth. The average home in El Sereno now sells for $809,060, up over 6% from last year. This is an area in need of good retail options. Directly across from Chase Bank and the US Post Office. 2,225 SF of Retail being held vacant for the new owner to occupy or lease out. Restaurant is an excellent tenant whose lease expires in Oct. 2024

• Sale Type    Investment
• Property Type    Retail
• Property Subtype    Restaurant Restaurant General Retail Storefront General Retail Storefront Retail/Office OfficeLoft Creative Space Restaurant
• Building Size    3,679
• Building Class    C
• Year Built    1933
• Price    1,238,000
• Price Per SF    337
• Cap Rate    5.71
• NOI    70,690
• Percent Leased    100
• Tenancy    Multiple
• Building Height    1 Story
• Building FAR    0.68
• Land Acres    0.12 AC

• Bus Line
• Fenced Lot
• Pylon Sign
• Restaurant
• Signage
• Smoke Detector