For Sale
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Property summary
SVN is pleased to present 4406 W 2nd St. for sale as an investment or an Owner/User opportunity. The subject property is a mixed-use retail/office building comprised of 2 structures situated on a signalized corner lot. Strategically located on one of the busiest corridors of Koreatown, Los Angeles, the vehicles per day (VPD) clocks in at approximately 40,000 cars. LA Mattress Store serves as the primary tenant in this building and is a profitable regional mattress store with 6 locations stretched across Los Angeles from Santa Monica/West LA to Studio City and Glendale. The remaining tenant roster consists of local professionals and creatives occupying office suites throughout the 2nd floor of the building and the adjacent building rented out as an entertainment studio. $100k Price Reduction! Motivated Seller Situated on a Signalized Corner Lot - 40,000 VPD on Western Ave & 2nd St Mostly Short Term Leases w/ Flexibility to Reposition Tenants - Owner/User Possibility 6% CAP with approximately 20% upside Priced at Low Basis - Price Per SF at $281 Additional Income From Water Machine Same Ownership in Over 40+ Years! Charming Masonry Construction w/ Curb Appeal
Property profile
VerifiedCap rate & NOI
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the Los Angeles market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
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Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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