22
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Listed by Philip Onyenedum • Atesa Real Estate, Inc.
$1,300,000
Est. payment /mo
Active Under Contract
Los Angeles, CA 90062
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Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID SB-25236122
Year Built 1922
Property Sub-Type Mixed Use
Source California Regional Multiple Listing Service (CRMLS)
Property Description
Introducing an exceptional mixed-use, two-story property strategically located in the vibrant heart of Los Angeles, offering remarkable income potential and investment opportunities.
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!
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 Sw
Interior
Heating Wall Furnace
Laundry None
Exterior
Utilities Available Sewer Connected, Natural Gas Connected
Building
Lot Description Level, 6-10 Units/Acre
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