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. The business is cash-flow positive and operates with multiple alcohol licenses. 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.
| MLS # | CV26175060 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1924 |
| Days On Site | 12 |
| Listing Provided By | REALTY MASTERS & ASSOCIATES | Zoram Luna |
| SQ Feet | 1,920 |
|---|---|
| Story(s) | 2 |
| Units | 4 |
| Building(s) | 1 |
| Acreage | 0.11 |
| Property View | Yes |
| Cooling | Central Air |
|---|---|
| Heating | Central |
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
| Fireplace Yes / No | No |
| Lot Features | Two To Five Units Acre, Back Yard, Front Yard, Landscaped, Paved, Yard |
|---|---|
| Fencing | Block |
| Parking Features | Driveway |
|---|---|
| Garage Yes / No | No |
| Utilities | Electricity Available, Natural Gas Available, Sewer Available, Water Available |
|---|---|
| Sewer | Public Sewer |
| Community Features | Curbs, Park, Storm Drains, Street Lights, Sidewalks |
|---|
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90063 |
| Area | 699 Not Defined |
| Listing VS Median (in 90063) | |
Price: $1,100,000 low | high Med: $730,000 sqft: 1,920 low | high Med: 1,300 $ / sqft: $573 low | high Med: $562 On site: 12 low | high Med: 25 | |
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90063 |
| Area | 699 Not Defined |
| Listing VS Median (in 90063) | |
Price: $1,100,000 low | high Med: $730,000 sqft: 1,920 low | high Med: 1,300 $ / sqft: $573 low | high Med: $562 On site: 12 low | high Med: 25 | |