3583 E 1st St,East Los Angeles, CA 90063
East Los Angeles, CA 90063
Description
Don't miss this exceptional opportunity to own a versatile mixed-use property in the heart of East Los Angeles, offering tremendous upside potential for investors, developers, and owner users . Run your business and enjoy the comfort of living onsite. perfect for entrepreneurs seeking a live, work lifestyle. Originally built in 1907, this unique property offers approximately 3,306 square feet of combined building area and presents the opportunity to restore its original configuration of three residential units and two street-front retail spaces (buyer to verify with the City of Los Angeles). This flexible layout creates significant income-producing potential in a rapidly improving neighborhood. Property currently feature one extra large store front and 1 Bedroom 1 bath apartment on the second floor The property is located just one building away from a newly developed 66-unit residential project, bringing additional residents, increased foot traffic, and new business opportunities to the area. As the neighborhood continues to grow, the potential for increased property values and stronger rental income makes this an outstanding long-term investment. High visibility location with strong vehicle traffic. Just minutes from Downtown Los Angeles, close access to 5,10,60 and 101 fwy.
Details
| MLS # | DW26124883 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1907 |
| Days On Site | 75 |
| Listing Provided By | Century 21 Allstars | Karina Chavez |
Features
| SQ Feet | 3,306 |
|---|---|
| Story(s) | 2 |
| Units | 3 |
| Building(s) | 1 |
| Acreage | 0.09 |
Interior
| Cooling | Central Air |
|---|---|
| Heating | Central |
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
| Fireplace Yes / No | No |
Exterior
| Lot Features | Walkstreet |
|---|
Parking
| Parking Features | Off Street |
|---|---|
| Garage Yes / No | No |
Utilities
| Utilities | None |
|---|---|
| Electric | Volts220In Workshop |
| Sewer | Public Sewer |
Location
| Community Features | Park |
|---|
Area Information
| State | CA |
|---|---|
| County | Los Angeles |
| City | East Los Angeles |
| Zip Code | 90063 |
| Area | ELA East Los Angeles |
| Listing VS Median (in 90063) | |
Price: $790,000 low | high Med: $739,000 sqft: 3,306 low | high Med: 1,515 $ / sqft: $239 low | high Med: $488 On site: 75 low | high Med: 92 | |
Market Activity 90063
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Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | East Los Angeles |
| Zip Code | 90063 |
| Area | ELA East Los Angeles |
| Listing VS Median (in 90063) | |
Price: $790,000 low | high Med: $739,000 sqft: 3,306 low | high Med: 1,515 $ / sqft: $239 low | high Med: $488 On site: 75 low | high Med: 92 | |
