Signalized Corner Shopping Center — Sale in Los Angeles, CA
- Price: $2M
- Listing type: For sale
- Asset type: Retail Business
- Location: Los Angeles, CA 90059
- Size: 4,000 SF
- Year built: 1987
Photos
Investment Figures
- Price per square foot
- $499
Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.
Description
This approximately 4,000-square-foot retail shopping center is strategically positioned on a 10,893-square-foot signalized corner lot, offering a versatile space suitable for a variety of business ventures. The property boasts a prime location at a bustling signalized intersection with impressive traffic counts of approximately 50,000 vehicles per day, ensuring high visibility and steady customer flow. The center is consists of 3 units: Spacetel LLC (a wireless retailer), and a 3,300 sf retail space formally occupied by 7-Eleven. Additional income is generated from a double-sided billboard. The 3,300-square-foot former 7-Eleven space is perfect for an owner-user occupancy. The space retains existing retail racks, shelving and refrigeration, providing a substantial existing infrastructure for a grocery, convenience, specialty food, or other retail use. Spacetel LLC brings strong, proven retail presence to your property. As a premium authorized retailer for Cricket Wireless, Spacetel operates more than 200 stores across California, Oregon, Colorado and Arizona, supported by a team of 200–500 employees. Their business model centers on essential wireless services, monthly plans and device/accessory sales, offerings that tend to generate recurring customer traffic. That means consistent foot traffic, dependable lease payments and a tenant with a history of managing multiple retail locations successfully. The property features approximately 13 on-site parking spaces plus one handicap space, two points of ingress and egress, and a monument sign at the signalized corner. Its proximity to the 105 and 110 Freeways provides convenient access for commuters. Building SF: 4000 | Land Size: 10893.0 SF | Year Built: 1987 | Listing Type: FOR SALE
Market Context
This retail in Los Angeles, CA is listed for sale at $1,995,000 across 4,000 SF. The building dates to 1987. Compare it against other retail listings for sale in Los Angeles, CA — view the full market.
As of Q2 2026, the Greater Los Angeles retail market showed a 5.6% vacancy rate, and average asking rents near $34.14/SF/yr. Source: multiple brokerage reports, Q2 2026.
Tight vacancy keeps competition for quality space elevated.
Retail market FAQ
- Is the Greater Los Angeles retail market tightening or softening?
- Vacancy is around 5.6% (Q2 2026).
Estimated Price per SF
$237.99/SF – $1,731/SF
Mid: $721.17/SF
Estimated price for 4,000 SF: $2,884,680 (range $951,960 – $6,923,240)
About 8 in 10 recent recorded sales fell within a range this wide around the estimate. An automated estimate, not an appraisal.
First seen on CREHunt: Oct 4, 2026
Contact
- David Yashar — KW Commercial | South Bay · +13107248043 · dyashar@kw.com
- David Yashar · +13107248043 · dyashar@kw.com
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