$3,199,990
bedrooms
0
bathrooms
0
square feet
8,000
Acreage
0.2808
Open Houses
-
year built
1957
Full Baths
0
Half Baths
0
Unmatched Investment Opportunity in the Heart of LA!Step into an extraordinary chance to own a prime piece of real estate that combines income, convenience, and incredible potentialall in one! Nestled in a booming pocket of Los Angeles, this incoming-producing property is perfectly situated across two commercially zoned lots, paving the way for unlimited possibilities.Property Highlights:Diverse Income Streams: Boasting 14 residential studio units on the top floor and 3 commercial spaces on the ground level, this vibrant property generates nearly $29,000 in monthly income! Imagine your residential tenants covering your mortgage while you run your own business right downstairs!Prime Location: With the 2028 Olympics coming to town, you're investing in an area poised for explosive growth and appreciation. Be part of this thriving community and benefit from the increasing demand for both residential and commercial space.Ample Parking & Accessibility: Featuring 22 dedicated parking spaces, your tenants and patrons will enjoy easy access, making this property even more appealing.Utility Management: Get creative with utility costs! All commercial units pay their own electricity. Plus, you have the option to adjust utility charges for 33.3% of the residential units that currently pay a flat feeresulting in potential additional income.Government Subsidy Advantage: 5 of the residential units are government-subsidized through Section 8, providing stable income and a security net in any market environment.Why wait? Opportunities like this don't come along often! This value-add property offers plenty of upsidewhether you're looking to expand your investment portfolio, begin your real estate journey, develop bigger buildings and are in need of a double lot, or capitalize on the heightened demand in a fast-developing area. The future is bright, and so is your investment potential!Seize the moment to make a smart investment in LA's flourishing market that is predicted to become even more lucrative. Schedule your private tour today and envision the endless possibilities that this exceptional property has to offer!
Location | |
Subdivision | - |
County | Los Angeles |
Elementary School | - |
Middle School | - |
High School | - |
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Last update: Monday, March 10 2025 at 4:33 p.m. EDT
Kotohomes National
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