Commercial: MLS #0025551169 Los Angeles, CA $ 6,150,000
Commercial: MLS #0025551169
$ 6,150,000
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Commercial: MLS #0025551169

Los Angeles, CA, 90002
$ 6,150,000
Bedrooms-- Baths--

Monthly Estimate*

$ 38,368

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Commercial Property for sale in Los Angeles, CA

for $6,150,000. This building was built in 1997.

Proudly presenting an exclusive opportunity to acquire a stabilized, income-producing mixed-use office/retail building located in the heart of South Los Angeles, prominently anchored by Chase Bank, a strong national credit tenant. Constructed in 1997, the building has been exceptionally built and maintained with the highest standards. This well-positioned asset offers an immediate return with a cap rate exceeding 6.0%, providing strong in-place cash flow from established long-term tenants. Priced to sell, the property features significant upside through rental income growth and lease restructuring. Current lease terms offer the ability to implement operating expense reimbursements and adjust below-market rents, creating additional value for the investor. Strategically located in a dense urban corridor of South Los Angeles, the property benefits from high visibility, strong foot traffic, and proximity to major transportation routes and city landmarks. It sits approximately 7 miles from Downtown Los Angeles, 6 miles from USC and Exposition Park, and about 13 miles from LAX. The surrounding area is a vibrant, evolving community with a mix of residential, retail, and civic uses, offering long-term growth and tenant demand. This investment is ideal for those seeking a combination of immediate income and long-term value in a rapidly transforming submarket of Los Angeles.

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Commercial Contingent

Price

$ 6,150,000

Property Type

Commercial

Taxes

$ 0

Style

Year Built

1997

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

0025551169

Features
General
Heating Central
Zoning LAPF
Year Built 1997
Building Name Watts Civic Center
County Los Angeles
Net Operating Income 374139.0
Property Type F
Contingency Active Under Contract
Status Active Under Contract
City Los Angeles
MLS Area Metropolitan South
Lot Size Square Feet 0.0
Standard Status Active Under Contract
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Exterior
Lot Size Area 29942.0
Lot Size Acres 0.0
Land Lease Type Fee
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Interior
Total Stories 2
Heating Y/N Yes
Total Baths 0
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* Excluded Features
List By
Enrique Viramontes

Listing Agent

Remax Commercial And Investment Realty

Broker

Affordability Calculator

$38,368
Per Month
100%
0%
0%
Monthly Principal & Interest
$38,368
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
793437 Elementary School
793428 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/11/2025$6,150,000 Listed Price

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