Corner Storefront
2346 S Bundy Dr, Los Angeles, CA 90064
For Sale
Contact for pricing
Street-facing commercial space with a corner position along Bundy Drive and immediate availability.
Property Size1,400 SF
Price / SF$0.03
Days on Market48
Property Features for 2346 S Bundy Dr
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Listed By:
Dane Wise · License #02247883 (CA)
(310) 691-8875
Source:
Matthews
Added: Sep 22
Changed: Oct 25
Last Checked: Nov 8 at 2:08AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Dane Wise
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1,400-square-foot storefront space is currently available at 2346 S Bundy Dr in Los Angeles. The property occupies a corner position along Bundy Drive and is described as heavily trafficked, providing direct street exposure for a retail-oriented commercial user.
The space is available now and is offered with an NNN lease structure. Its storefront configuration and corner placement provide a straightforward platform for a business seeking a visible presence on a well-traveled commercial thoroughfare.
The space is available now and is offered with an NNN lease structure. Its storefront configuration and corner placement provide a straightforward platform for a business seeking a visible presence on a well-traveled commercial thoroughfare.
Key Highlights
- 1,400 SF storefront space
- Corner position along Bundy Drive
- Located at 2346 S Bundy Dr, Los Angeles, CA 90064
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$32,490
Suggested Prices Based on Cap Rates
Cap Rate 5%
$649,800
$649.8K
Cap Rate 7%
$464,143
$464.1K
Cap Rate 9%
$361,000
$361.0K
Market Conditions
NOI Build-Up for 1,400 SF
Gross rent
$51.7K $36.96/SF
− Vacancy
−$5.3K −$3.81/SF
EGI
$46.4K $33.15/SF
− OpEx
−$13.9K −$9.95/SF
NOI
$32.5K $23.21/SF
Area
Los Angeles, CA
Vacancy
10.30%
Lease Rate
$36.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$649,800
Cap Rate 7%
$464,143
Cap Rate 9%
$361,000
Alternative Uses
Best Use
Retail
$464.1K
$406.1K – $541.5K
NOI $32,490 @ 7.0% cap · market cap 90,250.00%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$28.36M
$24.82M – $33.09M
NOI $1,985,421 @ 7.0% cap · market cap 5,515,058.33%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
4,143
Businesses Nearby
123k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 34%
Dining 25%
Groceries 25%
Office Supplies 13%
Taco Bell
Dining
30,875 visits/mo
0.1 miles
Trader Joe's
Groceries
30,578 visits/mo
0.4 miles
Staples
Office Supplies
16,403 visits/mo
0.4 miles
Shell
Shops & Services
14,959 visits/mo
0.3 miles
Chevron
Shops & Services
14,898 visits/mo
0.3 miles
Demographics for 90064, CA
27,553
Population
12,897
Households
2.1
Avg Household Size
40
Median Age
71%
College-Educated
95%
High-School Grad
3.7 sq mi
ZIP Area
7,447
Density / Sq Mi
$129,703
Median Household Income
$84,766
Median Earnings
$2,710
Median Rent
$1,746,800
Median Home Value
Market
Average Price Trend$/SF for Storefront properties in Los Angeles, CA
Properties on Market for Storefront properties in Los Angeles
Vacancy Rate% for Retail in Los Angeles, CA
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Frequently Asked Questions
What type of property is this?
Storefront property - Street-facing commercial space with a corner position along Bundy Drive and immediate availability.
Where is this storefront property located?
The property is located at 2346 S Bundy Dr Los Angeles, CA.
What are key features of this property?
This property features: 1,400 SF storefront space; Corner position along Bundy Drive; Located at 2346 S Bundy Dr, Los Angeles, CA 90064
