Los Angeles CA Real Estate & Commercial for Sale

We are pleased to present the opportunity to acquire York Plaza in the highly coveted Los Angeles neighborhood of Highland Park. This offering includes a 100% occupied retail strip center built in 1989 with a foot print of approximately 7,481 SF, sitting on a 15,059 SF lot with 157' (+/-) of frontage on Figueroa. York Plaza offers an investor the rare opportunity to acquire a stabilized retail strip center with a diverse NNN tenant mix anchored by Wingstop in the highly sought after Highland Park neighborhood. The property has been professional managed and has seen improvements such as a new roof, nearly all AC units have been replaced, exterior paint, landscaping, and sealed parking lot. This well-located retail strip center offers an investor a very special opportunity to secure an asset with strong metrics, NNN leases, and 100% occupancy in the high demand and growth submarket of Highland Park. Nestled northeast of Downtown L.A., Highland Park has transformed swiftly from working-class businesses to trendy hotspots, yet retains its status as one of the city's oldest and most eclectic neighborhoods. Home to notable figures like Marc Maron and Billie Eilish, Highland Park boasts beloved restaurants and cultural spots, offering a unique vibe. Located just up the 110 from Downtown, south of Eagle Rock and Pasadena, Highland Park features tree-lined streets with a walkable urban culture. Notable areas include York Boulevard with its trendy gastropubs and art galleries, and Figueroa Street, now a hub for nightlife and conveniently located near a Metro Gold Line stop. The neighborhood seamlessly blends contemporary landmarks with older ones, showcasing its status as one of L.A.'s hippest areas. From a swanky steampunk-esque bowling alley to off-the-beaten-path museums and sidewalk taco stands, Highland Park offers a diverse experience. Highland Park neighbors hilly areas like Mt. Washington and Montecito Heights, and shares similar vibes with Eagle Rock along Eagle Rock and Colorado Boulevards. To the northeast, it seamlessly blends into South Pasadena and Pasadena proper.

6801 N. Figueroa Street is a small corner retail property located a few minutes north of Highland Parks central retail corridors, York Blvd. and Figueroa Street. Built in 1974, the property offers 5,811 SF of building area and sits upon a 14,000+ SF lot. In total, there are 4 retail suites, two of which are currently jointly occupied by local family-owned businesses. (Florist and Salon/Barber, occupying approx. 3,900 combined SF) The other 2 suites house the current ownerships (Non-Profit Organizations) on-site chapel and a Commercial Kitchen/Meeting Room used by the current ownership. This Commercial Kitchen/Meeting Room suite was fully renovated in 2020 with new flooring, kitchen appliances, etc. 6801 N. Figueroa St. has a non-gated parking lot with 8 spaces (7 surface spaces + 1 handicap surface space.) This parking lot is accessible from N. Figueroa St. and from La Prada St. The storefront/retail suite that currently operates as a chapel was not originally constructed or designated for religious purposes. 6801 N. Figueroa St. is separately metered for gas/electricity. While the property includes a commercial structure that can be used for retail businesses, 6801 North Figueroa Street is zoned RD1.5-1HCR (low-density residential) and a zoning variance may be required to develop new or additional retail units on the parcel. (buyer to verify) The western third of the lot (Approx. 4,600+ SF), which is currently used for storage, could be re-purposed for up to 8 additional gated surface parking spaces or to develop additional residential or retail units. (buyer to verify, zoning variance may be needed for retail development) Given the standards and limitations in place from the City of LA, a new owner may be able to developapproximately 6 new residential apartment units on the lot. (Feasibility study recommended). Overall, the property has been well-maintained throughout an approx. 40-year hold period. It presents a new buyer with the opportunity to reposition the asset for residential use or to obtain the permits needed to further develop it as a retail property. This property's continued operation as a retail-focused income property is also an option. 6801 N. Figueroa St. can be purchased individually or together with 2 adjacent parcels: 6079 La Prada St. (13-Unit Apt. 1985 Constr.) and 6817-6819 N. Figueroa St. (21-Unit Apt. 1954-1955 Constr.). Altogether, the portfolio covers just over 1 Acre of contiguous residential land in Highland Park.

Moxie + Clover is a beautifully renovated 60-unit apartment community offering upscale convenience in the heart of "happening" Highland Park, what many call L.A.'s greatest and hottest neighborhood. Highland Park is known for its diverse blend of historic landmarks, tree-lined residential streets, artistic flair, and cool vibe, and Moxie + Clover delivers a contemporary, comfortable, and convenient living experience that's perfect for any lifestyle. Offering an irresistible combination of location, quality and upgraded amenities, the 42,272 SF building is a mix of studio, 1BD and 2BD units with an average size of 705 SF. In-unit features include washer/dryer, fully equipped kitchens with brand new appliances, custom cabinetry, hardwood style flooring, central air, walk-in closets, private patios, and more!

Built in 2020, Fig & York is the new flagship apartment community in Highland Park, a hip historic neighborhood in the northeast corner of Los Angeles. Sitting on a 23,499 SF lot, the design-centric complex has 21 units and features live/work loft-style townhomes with generous high ceilings throughout, central heat and air, in-unit washer/dryer, stainless appliances, recessed lights, stained and polished concrete floors, and balconies. The modern two-story 19,732 SF building contains 7 1BD/1.5BA and 14 2BD/2.5BA units. The average unit size is approximately 1,000 SF. Community amenities include covered gated parking, a fully equipped gym, secure package locker room, EV charging stations, outdoor courtyard, surveillance cameras throughout, and much more! Located in the hip and happening heart of Highland Park and adjacent to the 110 freeway, Fig & York offers easy access to Downtown Los Angeles, South Pasadena, Pasadena, and all the San Gabriel Valley.

Huge Price Drop for fast sale! Extremely Rare Opportunity to acquire a sizable commercial office building located on the main thoroughfare in prime Highland Park! Built in 1953 the building features 3046 ft. of commercial office space on a substantial 5324 square-foot lot. The property sits on a corner lot on York Boulevard with excellent signage and includes a billboard that offers an additional source of income. The current owner uses the property for his own private chiropractic practice and subleases two individual office spaces. The property can be delivered vacant at the close of escrow. Amazing location in highly desirable area of Highland Park. High Walk Score, very walkable. Amazing entertainment, dining and shopping options, close proximity to Metro Gold line, 110 freeway, and Figueroa Street. Easy commute to DTLA, Glendale, and South Pasadena/Pasadena. Good zoning potential for future development. Huge price reduction!! Property is sold in as-is condition. Seller is related to Broker.