1600 4Th Avenue
Los Angeles, CA 90019
$401,000.00 (-16.71%)
Active for $1,999,000
Beds: N/A Baths: N/A Structure Size: N/A sqft Lot Size: 7,002 sqft
| MLS | PW24122300 |
| Year Built | 1990 |
| Property Type | Retail |
| County | Los Angeles |
| Status | Active |
| Active | $1,999,000 |
| Structure Size | N/A sqft |
| Lot Size | 7,002 sqft |
| Beds | N/A |
| Baths | N/A |
Description
MAJOR CASH FLOW! Approximately 11% Cap Rate. Tenant, Catalyst Cannabis Co., pays $20,000 NNN monthly. Catalyst Cannabis Co. has 28 stores open and operating. Licensed by the City of Los Angeles for a cannabis retail store.
Listing information courtesy of: Timothy Lewis, Elliot Lewis, Broker . *Based on information from the Association of REALTORS/Multiple Listing as of 11/22/2024 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Location
Contact a Local Realtor®
Nick Khachian
Broker Associate
Direct: 818.419.3095
Email: Email Me
DRE: 01866954
DRE #01873088
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