Cypress Park, CA

Corner of North Figueroa Street and Ave 26.

Purchase of a 1960’s vintage shopping center. The center is mostly vacant and a major renovation and re-tenanting program is planned. The existing buildings total 25,000 square feet and the land area is approximately 75,000 square feet.

Purchased in partnership with Yum Yum Donut Shops, Inc.

Total project cost is estimated at $12,000,000.

Status: Under construction. To be held for long term investment.