Commercial property
11912 Rosecrans Avenue is on the market at $788,000 (2,250 sqft). See the current listing →
Listing Agent: Chris Comfort (DRE #01407997) · Listing Office: Apex Properties · Contact: 818-917-6558 · Bought with: General NONMEMBER · NONMEMBER MRML · MLS #DW18069430 · Source: CRMLS
11912 Rosecrans Avenue sold for $575,000 in May 2018, 3.0% under its $593,000 list price, after 9 days on the market.
Figures are MLS-reported closed sales (CRMLS). Nalren does not estimate values.
This storefront retail property consists of three tenants each with small units of approx 750 sq. ft. Two of the tenants (hair salon and party rental) have been at this location for approximately 10 years. The juice bar tenant has been at this location for 2 years. All tenants make rent payments in a timely manner and the property is extremely easy to manage. All leases are NNN. All 3 units are separately metered for electricity. There are 6 parking stalls in the rear (5 standard + 1 handicap). Although there has been very low historical vacancy here, the units are very easily rented due to the small unit size. Rents are low at $1.20 NNN per sq. ft. average. All units are 750 sf. Juice Bar Base Rent $890 + 190 NNN expires 3/31/2019; Party Supply Base Rent $885 + $190 NNN expires 6/30/20; Beauty Salon Base Rent $943 + $190 NNN expires 6/31/19.
Listing description from the May 2018 sale, as reported to CRMLS.
11912 Rosecrans Avenue last sold in May 2018 for $575,000, according to CRMLS-reported closed sales.
$575,000, 3.0% below the $593,000 list price, after 9 days on the market.
Yes — 11912 Rosecrans Avenue is currently on the market at $788,000. Open the current listing on Nalren for photos, details and the listing agent.