Description
This 4,700 SF warehouse is a perfect blend of retail and true industrial situated on a 7,088 SF lot. This building is currently occupied by 2 tenants. The property is currently netting $31,591 per year. This income provides an investor with a strong 3.2% capitalization rate at a full asking price. Great opportunity to invest in the highly desirable Dixie corridor in East Hollywood. Liberal new DH3 zoning permits most uses and encourages new developments with generous height restrictions.
School Ratings & Info
Description
This 4,700 SF warehouse is a perfect blend of retail and true industrial situated on a 7,088 SF lot. This building is currently occupied by 2 tenants. The property is currently netting $31,591 per year. This income provides an investor with a strong 3.2% capitalization rate at a full asking price. Great opportunity to invest in the highly desirable Dixie corridor in East Hollywood. Liberal new DH3 zoning permits most uses and encourages new developments with generous height restrictions.
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