Property listed by Coldwell Banker Realty, Walter Castillo 310-777-6200
$2,328,000
A Perfect mixed-use investment opportunity located in the desirable Melrose Hill area of East Hollywood! This income-producing property features three street-facing retail spaces offering excellent visibility along Western Avenue, plus 10 studio units situated at the rear with convenient private alley access. Investors familiar with the neighborhood will appreciate the… Read More property's diversified income stream, high-demand location, and long-term growth potential. Surrounded by established businesses, residential communities, dining, shopping, and public transportation, this is an excellent opportunity to acquire a well-positioned asset in one of Los Angeles' most dynamic and evolving areas. Bring your vision and discover the possibilities this special property has to offer. Read Less
Listing Snapshot
Days Online
24
Last Updated
3/4 Baths
13
Square Ft.
8,576
Lot Size
0.18 Acres
Year Built
1930
MLS Number
26985251
Additional Details
Building
Built in 1930, Living area: 8576.0, 2 buildings, Building faces West, 2 stories, Levels: Two
Community
Gated
Cooling
None
Fireplaces
None
Heating
WallFurnace
Income
Gross Income: $167,607, Net Operating Income: $100,200
Laundry
None
Lot
0.1755 acres, Dimensions: 56x136
Parking
10 open parking spaces, 10 total parking spaces, Garage, Gated, Tandem, Uncovered
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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