Michael Chang

Michael Chang Vice President ยท Sperry Van Ness - Rich Investment Real Estate

๐Ÿ’๐Ÿ’๐ŸŽ๐Ÿ”-๐Ÿ’๐Ÿ’๐Ÿ๐Ÿ’ ๐– ๐Ÿ๐ง๐ ๐’๐ญ. & ๐Ÿ๐ŸŽ๐Ÿ-๐Ÿ๐ŸŽ๐Ÿ• ๐’. ๐–๐ž๐ฌ๐ญ๐ž๐ซ๐ง ๐€๐ฏ๐ž, ๐‹๐จ๐ฌ ๐€๐ง๐ ๐ž๐ฅ๐ž๐ฌ, ๐‚๐€$๐Ÿ,๐Ÿ—๐ŸŽ๐ŸŽ,๐ŸŽ๐ŸŽ๐ŸŽ๐Ÿ“ Situated on a Signalized Corner Lot - 40,000 VP...
10/25/2023

๐Ÿ’๐Ÿ’๐ŸŽ๐Ÿ”-๐Ÿ’๐Ÿ’๐Ÿ๐Ÿ’ ๐– ๐Ÿ๐ง๐ ๐’๐ญ. & ๐Ÿ๐ŸŽ๐Ÿ-๐Ÿ๐ŸŽ๐Ÿ• ๐’. ๐–๐ž๐ฌ๐ญ๐ž๐ซ๐ง ๐€๐ฏ๐ž, ๐‹๐จ๐ฌ ๐€๐ง๐ ๐ž๐ฅ๐ž๐ฌ, ๐‚๐€
$๐Ÿ,๐Ÿ—๐ŸŽ๐ŸŽ,๐ŸŽ๐ŸŽ๐ŸŽ

๐Ÿ“ Situated on a Signalized Corner Lot - 40,000 VPD on Western Ave & 2nd St
๐Ÿข $281.41/SF
๐Ÿ“ˆ 6.49% CAP Rate
๐Ÿ’ก 97% Occupancy

A prime mixed-use retail/office property in Koreatown, Los Angeles sold to an owner/user buyer. With LA Mattress Store as the anchor tenant and additional office and entertainment studio spaces, this investment opportunity offers a 6.49% CAP rate with over 20% rental upside.

Reach out to evaluate your property!
๐Œ๐ข๐œ๐ก๐š๐ž๐ฅ ๐‚๐ก๐š๐ง๐ 
๐Ÿ“ž (626) 688-8864
๐Ÿ“ฉ [email protected]

It's official - a prime corner property located in Wrigley Village has been sold for an incredible $1,750,000. It was a ...
06/09/2023

It's official - a prime corner property located in Wrigley Village has been sold for an incredible $1,750,000. It was a pleasure working with everyone involved in this transaction.

๐–๐ซ๐ข๐ ๐ฅ๐ž๐ฒ ๐•๐ข๐ฅ๐ฅ๐š๐ ๐ž
๐Ÿ๐Ÿ‘๐ŸŽ๐ŸŽ ๐๐š๐œ๐ข๐Ÿ๐ข๐œ ๐€๐ฏ๐ž, ๐‹๐จ๐ง๐  ๐๐ž๐š๐œ๐ก, ๐‚๐€ ๐Ÿ—๐ŸŽ๐Ÿ–๐ŸŽ๐Ÿ”
$๐Ÿ,๐Ÿ•๐Ÿ“๐ŸŽ,๐ŸŽ๐ŸŽ๐ŸŽ..

If you're ready to make a move in the income/investment property market, let's connect and get started.

๐Œ๐ข๐œ๐ก๐š๐ž๐ฅ ๐‚๐ก๐š๐ง๐ 
๐Ÿ“ž (626) 688-8864
๐Ÿ“ฉ [email protected]

Our new listing offers Investors or Owner/Users an opportunity to acquire a 2-story, freestanding 7,830 SF property on a...
02/27/2023

Our new listing offers Investors or Owner/Users an opportunity to acquire a 2-story, freestanding 7,830 SF property on an 11,536 SF corner to corner lot in Wrigley Village, a submarket of Long Beach, CA.

๐Ÿ๐Ÿ‘๐ŸŽ๐ŸŽ ๐๐š๐œ๐ข๐Ÿ๐ข๐œ ๐€๐ฏ๐ž, ๐‹๐จ๐ง๐  ๐๐ž๐š๐œ๐ก, ๐‚๐€ ๐Ÿ—๐ŸŽ๐Ÿ–๐ŸŽ๐Ÿ”
$๐Ÿ,๐Ÿ—๐ŸŽ๐ŸŽ,๐ŸŽ๐ŸŽ๐ŸŽ

๐๐ซ๐จ๐ฉ๐ž๐ซ๐ญ๐ฒ ๐‡๐ข๐ ๐ก๐ฅ๐ข๐ ๐ก๐ญ๐ฌ
๐Ÿ”น MOTIVATED SELLER | SUBMIT ALL OFFERS
๐Ÿ”น Year Built: 1947 | Renovated in 2015
๐Ÿ”น Building Size: 7,830 SF
๐Ÿ”น 11,536 SF Corner to Corner Lot | 17,500+ VPD on Pacific Avenue
๐Ÿ”น Single Tenant Occupancy Building w/ Parking Lot : 10+ Parking Spaces with Egress and Ingress
๐Ÿ”น Pro Forma CAP 9%+ Assuming $200k TI At Rental Rate of $2/SF NNN
๐Ÿ”น Easy Access to the 710 and 405 Freeway | Downtown Long Beach | Pacific Coast Highway

Our client is motivated to get a deal done, swipe right for more info and don't hesitate to reach out for more information or to schedule a tour!

๐Œ๐ข๐œ๐ก๐š๐ž๐ฅ ๐‚๐ก๐š๐ง๐ 
๐Ÿ“ž (626) 688-8864
๐Ÿ“ฉ [email protected]

Address

15250 Ventura Boulevard Suite 520
Los Angeles, CA
91403

Telephone

+16266888864

Website

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