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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

131-251 Mednik Ave East Los Angeles, CA 90022

4,294 SF
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail properties & Spaces
Total area 4,294 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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