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Multi-tenant retail investment opportunity located at 1833 E Vernon Ave in Los Angeles. The property is configured as a 9-unit retail center situated on a 13,504 SF lot and designed in a mini shopping center layout suitable for neighborhood retail and service tenants. Several suites are currently undergoing renovation, presenting a value-add opportunity for investors through lease-up and stabilization.Upon stabilization, the property is projected to generate approximately $182,400 in annual gross income, producing an estimated 10.96% pro forma cap rate at the asking price. The property benefits from high ceiling retail space, on-site parking, and strong visibility along Vernon Avenue.Strategically located directly across from the Alameda Swap Meet, a major retail traffic generator drawing consistent daily consumer activity to the surrounding area. Ideal for investors seeking high yield potential in an infill Los Angeles retail corridor.
Property Type(s):
Commercial
| Last Updated | 3/11/2026 | Year Built | 2008 |
|---|---|---|---|
| Community | C42 - Downtown L.A. | County | Los Angeles |
Additional Details
| AREA | C42 - Downtown L.A. |
|---|---|
| LOT | 0.31 acre(s) |
| LOT DIMENSIONS | 13504 |
| STORIES | 1 |
Location
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Listed with High Equity Real Estate Service, Inc.
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