2515 E 115th Place Los Angeles, CA 90059

Building Details

Year Built

1962

Listing office Harcourts Place p***@contirealestate.com Show Phone

Listing date Apr 17, 2025

Source Exitrealty

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Investment Insights

Based on property information with market context.

This commercial property presents an opportunity for investors, featuring three long-term tenants: a kitchen cabinet store, an auto mechanic, and a furniture store. These tenants are well-established within the neighborhood, providing a stable rental income, with rent increases underway. The property is divided into three parcels, each occupied by one of the tenants. The addresses of the other two properties included in this sale are 2523 and 2531 E. 115th Pl. Acquiring all three parcels as a single commercial property may be suitable for investors seeking stable income in a commercial-light industrial area of Los Angeles, where property values are steadily increasing.

Key Highlights

• Stable rental income from three long‑term tenants: kitchen cabinets, auto mechanic, furniture store.
• Opportunity for rent increases, enhancing investment returns.
• Property consists of three parcels being sold together as one commercial property.

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FAQs

What type of property is this?

Storefront property - Commercial property featuring three long-term tenants in Los Angeles.

Where is this storefront property located?

The property is located at 2515 E 115th Place Los Angeles, CA.

What is the asking price?

The asking price for this property is $2,250,000.

What are key features of this property?

This property features: Stable rental income from three long‑term tenants: kitchen cabinets, auto mechanic, furniture store.; Opportunity for rent increases, enhancing investment returns.; Property consists of three parcels being sold together as one commercial property.