12900 Victory Blvd Los Angeles, CA 91606
- Retail properties
- 6,448 SF
Current Use by Public Records
- Retail properties
Property Details for 12900 Victory Blvd
- Property size
- 6,448 SF
- Property type
- Retail properties
- Property subtype
- Retail space
Description
This exceptional 6,448 square foot retail storefront in Los Angeles, CA, presents a compelling investment opportunity. Located at 12900 Victory Blvd, 91606, this single-story, multi-tenant building boasts 100% occupancy across six units, generating a 6.00% cap rate at an asking price of $4,342,000 ($673.39/sq ft). The property sits on a 12,831 sq ft lot zoned C2, benefiting from a high-traffic location with over 80,000 cars passing daily. With a proven track record of consistent performance and occupancy exceeding 40 years, featuring seasoned tenants with long operating histories, this property offers a stable income stream and potential for increased cash flow through recoverable expense pass-throughs. The property's expansive trade area ensures a broad customer base, contributing to its remarkable occupancy history with only one one-month vacancy in the last decade. This is a rare opportunity to acquire a well-established, high-performing retail asset in a prime Los Angeles location.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Los Angeles
- County
- Los Angeles
- State
- California
- Longitude
- -118.414
- Latitude
- 34.1863
