516 N Fries Ave

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.

28,744 Sq.Ft. LIVING AREA

0.42 Acres lot

Features & Amenities

Interior

other interior Features Air Conditioning, Heating, Kitchen, Refrigerator, Oven, Tub/Shower

Area & Lot

Status For Sale
Living Area28,744 Sq.Ft.
Lot Area0.42 Acres
MLS® ID31755233
TypeMulti-Family
YEAR BUILT2024
NeighborhoodLos Angeles

Exterior

STORIES3
other exterior FeaturesLaundry Facilities, Elevator

Financial

Sales Price$16,990,000

The property boasts a long-term lease allowing for continued secured investing.
– Greg Engel

Schedule a Showing

We would love to show you our beautiful property. Please select your preferred date and time below. An agent will be in touch shortly to confirm your appointment.

In Person

Via Video Chat

Schedule a Showing

We would love to show you our beautiful property. Please select your preferred date and time below. An agent will be in touch shortly to confirm your appointment.

By providing SoCal Commercial Group your contact information, you acknowledge and agree to our Privacy Policy and consent to receiving marketing communications, including through automated calls, texts, and emails, some of which may use artificial or prerecorded voices. This consent isn’t necessary for purchasing any products or services and you may opt out at any time. To opt out from texts, you can reply, ‘stop’ at any time. To opt out from emails, you can click on the unsubscribe link in the emails. Message and data rates may apply.

Middle Name

Thank you for your interest in 516 North Fries Avenue, Wilmington, CA 90744. We are reviewing your request and will be in touch shortly!

Change time

Mortgage Calculator

Estimate your monthly mortgage payment, including the principal and interest, property taxes, and HOA. Adjust the values to generate a more accurate rate.

$0,000 Your Payment

Los Angeles

34.0549° N, 118.2426° W

Explore

Connecting You with Real Estate Experts

Whether you have questions, need advice, or are ready to take the next step in your real estate journey, we’re here to help. Reach out today and let’s explore how we can work together to achieve your goals.

Contact Details

SoCal Commercial Group

Phone

(323) 274-2115

[email protected]

Address

680 E Colorado Blvd Pasadena CA 91101 9454 Wilshire Blvd Beverly Hills CA 90212 Greg Engel | CA DRE# 01428024 Devon Peters | CA DRE# 01948811

Submit a Message

Middle Name

Name

Phone

Message

Leave a Message

Thank you for your message. We will be in touch with you shortly.

516 N Fries Ave

$16,990,000

Greg Engel

Devon Peters

Features & Amenities

Interior

Area & Lot

Exterior

Financial

The property boasts a long-term lease allowing for continued secured investing.

Schedule a Showing

Schedule a Showing

Mortgage Calculator

Los Angeles

Connecting You with Real Estate Experts

Follow Me on Instagram