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Property profile & analytics

131-251 Mednik Ave East Los Angeles, CA 90022

  • Retail properties & Spaces
  • 4,294 SF
Value Estimations
Cap Rate Potential
Location Intelligence

Current Use by Public Records

  • Retail properties & Spaces

Property Details for 131-251 Mednik Ave

Property size
4,294 SF
Property type
Retail properties & Spaces
Property subtype
Office properties & 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
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