6,259 Sqft Lot
6,259 Sqft Lot
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID SB25236122
HOA Y/N No
Year Built 1922
Lot Size 6,259 Sqft
Property Sub-Type Mixed Use
Property Description
The ground floor features two generously sized office suites, each designed to accommodate a variety of business needs, along with a retail space currently thriving as a grocery and wine/beer shop. These office suites are available for lease, making it an ideal opportunity for a new tenant or owner-user seeking a prime location in a bustling market.
On the second floor, you will find six carefully designed residential units, comprising three modern studios and three spacious one-bedroom, one-bath apartments. Each unit is thoughtfully laid out to maximize space and comfort, catering to long-term tenants.
Additionally, the property boasts a vacant lot at the rear, providing valuable parking for tenants and customers. This area holds significant potential for further development, including the possibility of adding an Accessory Dwelling Unit (ADU), which could enhance rental income and attract a broader tenant base.
The prime location of this property is a significant advantage, situated in close proximity to major attractions such as BMO Stadium, USC, the National Historic Museum of Los Angeles, the Kia Forum, and YouTube Theater. This vibrant neighborhood not only offers a dynamic lifestyle but also ensures high foot traffic and visibility for retail and office operations.
This unique and lucrative investment opportunity is not to be overlooked. Seize your chance to capitalize on a property that combines convenience, accessibility, and the potential for growth in a thriving Los Angeles market!
Location
State CA
County Los Angeles
Area C34 - Los Angeles Southwest
Interior
Heating Wall Furnace
Cooling None
Fireplace No
Laundry None
Exterior
Fence Chain Link, Partial
Utilities Available Natural Gas Connected, Sewer Connected, Water Connected
Roof Type Composition,Flat,Rolled/Hot Mop
Present Use Multi-Family
Total Parking Spaces 10
Building
Lot Description 6-10 Units/Acre, Level
Story 2
Water Public
Others
Tax ID 5021025016
Acceptable Financing Cash to Existing Loan, Conventional
Listing Terms Cash to Existing Loan, Conventional
Special Listing Condition Standard
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