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$ 1,999,000
Est. payment | /mo
11,689 SqFt
$ 1,999,000
Est. payment | /mo
11,689 SqFt
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 11,689 sqft
Price per Sqft $171
MLS Listing ID CROC25036713
HOA Y/N No
Year Built 1912
Lot Size 0.276 Acres
Acres 0.28
Property Sub-Type Mixed Use
Property Description
A unique opportunity to acquire two contiguous parcels zoned LA-R2 within a designated Opportunity Zone. Comprised of three separate structures totaling 11,686sf in size, it includes a vacant house, a 4 unit multifamily, and a three story industrial building that has rooftop access with unobstructed views of Downtown LA. The entire property sits on a 12,008sf (.27 acres) corner lot w/ 150’ frontage and alley access, providing a tremendous value add opportunity for a local and experienced investor/developer to reposition or redevelop the property. The corner house is a 3bed/1.5 bath craftsman w/ a finished second floor, and is currently vacant. The industrial building is also delivered vacant and available for a potential owner/user. The 4 units are all 1 bedrooms, and one unit will be delivered vacant. The other three are currently occupied w/ MTM tenancy at below market rents. Good Location south of the 10 fwy, east of the 110 fwy, and 2 miles to USC, Exposition Park, Downtown LA, the fashion district, LA Live, Restaurants & Shops.
Location
State CA
County Los Angeles
Zoning R2
Interior
Heating Wall Furnace
Cooling None
Fireplace No
Exterior
Utilities Available Other, See Remarks, Cable Available
Total Parking Spaces 8
Building
New Construction No
Others
Tax ID 5131010001
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Listed by Brian Noh • Nohco Real Estate