Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    131-251 Mednik Ave East Los Angeles, CA 90022
    Property profile & analytics

    131-251 Mednik Ave, East Los Angeles, CA 90022

    View on Map

    • Retail properties & Spaces
    • 4,294 SF
    Off-Market

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail properties & Spaces

    Property Details for 131-251 Mednik Ave

    Property type
    Retail properties & Spaces
    Property subtype
    Office Spaces

    Description

    This exceptional 4,294 square foot multi-tenant office building, located in the Southeast Los Angeles submarket of Los Angeles County, presents a unique investment opportunity. The property boasts a desirable location directly across from the East LA Civic Center, courthouse, library, and sheriff's station, ensuring high visibility and foot traffic. Currently, 2,883 square feet of space is available, divisible into units as small as 883 square feet, with a maximum contiguous space of 2,000 square feet. The building features a newly renovated interior and ample parking within a sizable 58,722 square foot lot. Benefit from tremendous monument signage visible from the signalized intersection of 3rd and Mednik Streets. The LCM1* zoning allows for flexible uses, including medical, fitness, and restaurant operations, with reduced parking requirements due to its unique transit-oriented location. This thriving business center is adjacent to a busy shopping center and is steps away from the Metro Gold Line, providing convenient access to public transportation. Current co-tenants include popular establishments such as the Coffee Bean & Tea Leaf, contributing to significant daytime customer traffic. This property offers a compelling combination of location, amenities, and flexible space, making it an ideal choice for a variety of businesses.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use


    Location Insight

    • Map
    • Local Demand
    City
    East Los Angeles
    County
    Los Angeles
    State
    California
    Longitude
    -118.162
    Latitude
    34.0334
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message