Property listed by Compass, George Morales 310-230-5478
$2,450,000
29-Unit Mixed-Use Building Major Value-Add Opportunity Rare opportunity to acquire a three-story, 29-unit mixed-use property located in the rapidly improving South Los Angeles corridor. The property features a built-out restaurant space and 28 residential units with an efficient, high-yield mix that generates steady income and strong cash flow… Read More potential. Offered at a low $84,482 per unit, this asset presents significant value-add upside through improvements, re-tenanting, and professional management. Prime South Broadway location with easy access to Downtown LA, USC, and the 110 Freeway. Read Less
Listing Snapshot
Days Online
6
Last Updated
Property Type
Other
Square Ft.
11,568
Lot Size
0.19 Acres
Year Built
1925
MLS Number
25613505
30 Days Snapshot Of 90037
$645k
-17%
(avg) sold price
4
+33%
homes sold
107
+48%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1925, Building area total: 11,568, Levels: ThreeOrMore, Living area: 11568, 1 building, Architectural style: , Attached, Common walls: OneCommonWall
Cooling
None
Heating
WallFurnace
Income
Gross income: $84,008
Lot
0.1918 acres, 8,353 square feet, Size: 8,353
Parking
9 totals parking, Assigned
Property
Zoning: LAC2
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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