4 UNIT APT + RETAIL BUILDING! Mixed use Retail/Apt building in the USC Patrol Zone in Los Angeles, Ca. Just blocks from the USC campus, this investment opportunity is ideal for an owner/user business operator looking for a prime retail space while collecting rents from the Apts for additional income stream. Property qualifies for SBA financing with over 52% vacancy. The property is comprised of two structures totaling 3,592 SF with a fully vacant 1,872sf corner retail building ideal for immediate owner occupancy or divided into 3 retail units with parking in the rear. The separate apartment was built in 1954 is a two story 4 unit property totaling 1,720sf with all 1/1 units fully occupied w/ MTM tenants & upside in the rents. On a corner lot totaling 5,058 SF in size with C2 zoning for multiple use allowed. Centrally Location near USC on Jefferson Blvd within the USC Patrol Zone, near Exposition Park, LA Coliseum, DTLA, Freeways, Restaurants & Shops. 11.3 GRM/6.5% CAP RATE.
| MLS # | OC26159156 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1922 |
| Days On Site | 19 |
| Listing Provided By | Nohco Real Estate | Brian Noh |
| SQ Feet | 3,592 |
|---|---|
| Story(s) | 2 |
| Units | 7 |
| Building(s) | 2 |
| Acreage | 0.12 |
| Cooling | None |
|---|---|
| Heating | Wall Furnace |
| Heating Yes / No | Yes |
| Cooling Yes / No | No |
| Fireplace Yes / No | No |
| Roof | Composition, Flat, Shingle |
|---|---|
| Security Features | Carbon Monoxide Detectors, Smoke Detectors |
| Construction Materials | Stucco |
| Foundation Details | Raised, Slab |
| Lot Features | Six To Ten Units Acre |
| Fencing | Wrought Iron, Wire |
| Parking Features | Concrete, Driveway |
|---|---|
| Garage Yes / No | No |
| Utilities | Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available |
|---|---|
| Sewer | Public Sewer |
| Community Features | Curbs, Street Lights, Sidewalks |
|---|
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90007 |
| Area | C37 Metropolitan South |
| Listing VS Median (in 90007) | |
Price: $1,395,000 low | high Med: $5,725 sqft: 3,592 low | high Med: 1,229 $ / sqft: $388 low | high Med: $5 On site: 19 low | high Med: 129 | |
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90007 |
| Area | C37 Metropolitan South |
| Listing VS Median (in 90007) | |
Price: $1,395,000 low | high Med: $5,725 sqft: 3,592 low | high Med: 1,229 $ / sqft: $388 low | high Med: $5 On site: 19 low | high Med: 129 | |