$1,339,000
Introducing an exceptional mixed-use, two-story property strategically located in the vibrant heart of Los Angeles, offering remarkable income potential and investment opportunities. The ground floor features two generously sized office suites, each designed to accommodate a variety of business needs, along with a retail space currently thriving as a grocery and wine/beer shop. These office suites are available for lease, making it an ideal opportunity for a new tenant or owner-user seeking a prime location in a bustling market. On the second floor, you will find six carefully designed residential units, comprising three modern studios and three spacious one-bedroom, one-bath apartments. Each unit is thoughtfully laid out to maximize space and comfort, catering to long-term tenants. Additionally, the property boasts a vacant lot at the rear, providing valuable parking for tenants and customers. This area holds significant potential for further development, including the possibility of adding an Accessory Dwelling Unit (ADU), which could enhance rental income and attract a broader tenant base. The prime location of this property is a significant advantage, situated in close proximity to major attractions such as BMO Stadium, USC, the National Historic Museum of Los Angeles, the Kia Forum, and YouTube Theater. This vibrant neighborhood not only offers a dynamic lifestyle but also ensures high foot traffic and visibility for retail and office operations. This unique and lucrative investment opportunity is not to be overlooked. Seize your chance to capitalize on a property that combines convenience, accessibility, and the potential for growth in a thriving Los Angeles market!
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Listed by Philip Onyenedum with Atesa Real Estate, Inc. (310) 803-2512
Property Type
Mixed Use
Status
Active
MLS Number
SB25236122
Year Built
1922
Lot Size
6,260 sq ft