1601-1673 103Rd St Los Angeles, CA 90002
This exceptional retail opportunity is located at the MLK Jr. Shopping Center, situated at 1601-1673 E. 103rd Street, Los Angeles, CA 90002, in Los Angeles County. The property is a grocery and pharmacy-anchored shopping center totaling 103,566 square feet. Two spaces are currently available, ranging from 1,892 to 2,000 contiguous square feet. The minimum divisible space is 1,892 square feet, with a total of 3,892 square feet currently vacant. Ample parking is provided for customers and employees. This center benefits from its prime location within a high-traffic area, easily accessible from the 105 and 110 Freeways. The surrounding area boasts a dense residential population of approximately 500,000 residents within a 3-mile radius, ensuring a consistent flow of potential customers. Public transportation is readily available, with the nearby 103rd St/Watts Metro A Line Station averaging approximately 70,000 daily riders. The center's strong retail sales history and consistent foot traffic are further enhanced by established anchor tenants including Food 4 Less, CVS, and Rainbow Clothing, providing a stable and attractive retail environment. This property presents a unique opportunity for businesses seeking a vibrant and well-established location in a densely populated area of Los Angeles.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.