Contacts

Devon Peters

Compass Commercial - San Francisco & Los Angeles

Property Details

Property Type Multi-Family
Property Size 28,744 SF
Units 39
Additional Rent Contact for pricing
Date Updated Dec 10, 2024

Discover the vibrant landscape surrounding the property at 516 North Fries Avenue, Los Angeles, CA, 90744. Nestled within a culturally rich neighborhood, this prime location offers a diverse array of dining, shopping, and entertainment options. The nearby waterfront provides a picturesque setting for leisurely walks and outdoor activities. Investors will appreciate the proximity to renowned landmarks such as the Port of Los Angeles and the Pacific Ocean, presenting an attractive draw for potential renters. With a wide range of amenities and attractions, this area presents an exceptional opportunity for multifamily and low-rise/garden investments.Compass is please to bring to market is listing of 516 N Fries Ave. This incredible property is in the final stages of development and will be sold with a service provider contract direct with the city of Los Angeles. This means this will be a single tenant property where the service provider is responsible for the leasing and running of the property leaving very little landlord responsibilities. Additionally the property will qualify for decreased property taxes due to HUD pass through from having a property leased to a single government agency. The property boasts a long term lease allowing for continued secured investing.

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Getting around

85/100
Walk Score ®
39/100
Transit Score ®
89/100
Bike Score ®

Powered by Walk Score ®

Location

City Los Angeles, CA
Neighborhood Wilmington
Zip Code 90744
Market Los Angeles

Points of Interest

Pacific Avenue

4.07 miles
5th Street

4.32 miles
Anaheim Street

4.33 miles
Pacific Coast Highway

4.41 miles
Wardlow

4.96 miles
Del Amo

5.84 miles

Chevron

1.08 miles
76

1.49 miles
USA gas

2.21 miles
Valero

2.25 miles
San Pedro Gas N' More

2.67 miles
Mobil

2.79 miles
eVgo

2.99 miles
Shell

2.99 miles
7-Eleven

3.50 miles
Blink

4.54 miles

Lot 8

1.25 miles
Lot 6

1.38 miles
Harbor Park Park And Ride

1.40 miles
San Pedro Park And Ride

2.15 miles
Harbor Beacon Park and Ride

2.19 miles
gravel parking

2.22 miles
San Rafael Club House

2.35 miles
Car carriers

2.54 miles
parking structure

2.63 miles
Walgreens Parking

2.87 miles

Best Western Los Angeles World Port Hotel

1.46 miles
Rodeway Inn & Suites Pacific Coast Highway

2.60 miles
All Star Inn

2.83 miles
Vagabond Inn San Pedro

2.86 miles
Travel Eagle Inn Motel

2.89 miles
Raymoure Motel

3.02 miles
Kearney Motel

3.04 miles
Quality Inn Lomita - Torrance

3.10 miles
Hiland Motel

3.20 miles
Royal Inn

3.50 miles

Northgate Gonzalez Market

1.12 miles
Numero Uno 113

1.72 miles
Target

2.01 miles
Albertsons

2.16 miles
Ross

2.75 miles
7 Days Food Store

2.86 miles
Superior Grocers

2.87 miles
Smart & Final

2.91 miles
Ralphs

2.94 miles
Trader Joe's

3.04 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Map of Property

516 North Fries Avenue