$1,100,000
Great Investment Opportunity! Mixed-Use Property with Multiple Income Streams! Excellent opportunity to own a mixed-use commercial and residential property in Los Angeles featuring both established retail space and residential rental income. The second floor includes two 1-bedroom, 1-bathroom units, currently rented on a month-to-month basis. Both units have been updated and feature kitchens with dedicated dining areas. The ground floor features a fully operational neighborhood grocery market that has been in business for decades, along with a full bathroom and an additional room. The business is cash-flow positive and operates with one alcohol license. Seller may consider selling the grocery business separately for the right price. Additional features include a covered patio area and parking for multiple vehicles. Multiple income streams. One property. Tremendous investment potential. Located in a growing area of Los Angeles with convenient access to major freeways.
Listed by Zoram Luna with REALTY MASTERS & ASSOCIATES
MLS Property Type
Residential
Property Subtype
Mixed Use
Status
Active
MLS Number
CV26185540
Year Built
1924
Lot Size
4,657 sq ft
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