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This property has 3 addresses; 2 retail spaces upfront and a 2 bedroom, 1 bath home in the rear. There are three long term tenants on month to month rental agreements. 3113 is a retail space upfront and a 1/2 bathroom. 3115 is another retail space upfront and a 1/2 bathroom. 3117 is a 2 bedroom, 1 bathroom home in the rear. There is a living room and a den that is being used as a 3rd bedroom. Additionally, there is a detached 1 car garage along with a small yard. The property is zoned C4 according to the tax assessors office. Buyer(s) to check and verify with the city of Los Angeles for unit square feet, lot size, zoning, permits and potential allowable uses. All measurements are approximately and are derived from the tax assessors records. *The seller reserves the right to offer this property sale subject to a 1031 Tax Deferred Exchange at no cost to the buyer. The property owner is a California licensed real estate agent and is related to the listing agent.
Incredible and rare opportunity to acquire income property in a highly sought-after neighborhood. Cypress Park, named one of LA's hottest real estate neighborhoods by The LA Times and LA Weekly. Every unit within this five-unit property has its unique style and character. The front 2-bedroom, 1-bath home is spacious, quaint, and offers a sense of privacy. Surrounded by manicured gardens and separate fencing, it creates a tranquil and independent residence. The remaining four units consist of two separate duplexes, all featuring one-bedroom, one-bath units. Every unit is comfortable and comes with its own front porch and rear access. Step outside to find cozy sitting areas and shady trees with paths that lead you around the property. All units are well-maintained, providing residents with a clean and functional living experience. Each unit is also individually metered for gas and electricity, ensuring efficiency in operating costs. The generously sized lot of 10,401 sq ft offers countless possibilities for developers or investors focused on long-term returns. The backyard includes a detached outbuilding that could be converted into additional living space, presenting great potential to increase the property's value (Buyer to verify with the City of LABS for feasibility). These units are located in a high-demand rental area and have significant upside rent potential. Beyond the property, residents can explore the thriving neighborhood with great shops like Golden Poppy Market, Loquat Coffee, or tasty originals like the first-ever King Taco! Nearby is Rio de Los Angeles State Park with easy access to the LA River Bike Path. Whether you're an artist, a food enthusiast, or someone who appreciates a lively community, this property invites you to experience the best of it all. Located close to public transportation, Downtown Los Angeles, and Dodger Stadium. Come envision the untapped potential of this remarkable investment property!
Excellent business opportunity in a well commercial area. It consists of two structures.This property is conveniently located close to the 10 and 710 freeways, downtown Los Angeles and the metro. It offers great potential for rentals.
Opportunity to own a Turn Key Authentic Izakaya Restaurant in the heart of Arts District in Los Angeles. Exudes vibrant tastes and flavors of Tokyo in your very own backyard. Crafted by the top restaurateurs in Tokyo, who collectively own over 200 esteemed restaurants, TABERU brings you a menu inspired by the bustling streets of Japan's capital city. Conveniently located next to Kreation on Traction Avenue, TABERU offers patio dining for al fresco enjoyment and valet parking for added convenience for patrons. Don't miss this opportunity to provide a once in a lifetime experience to the vibrant community of Los Angeles. Over $700,000 in Tenant Improvements less than 1 1/2 years old. Favorable Long Lease Term with options to extend.
4874-4876 Huntington Dr. is a unique opportunity to purchase two retail buildings on 2 separate APNs in the heart of El Sereno, just steps from the highly trafficked intersection of Eastern & Huntington Drive. There is parking behind the buildings which can be accessed via the public parking lot on Navarro St. Excellent owner-user or investment opportunity in a Northeast LA neighborhood seeing huge growth. The average home in El Sereno now sells for $809,060, up over 6% from last year. This is an area in need of good retail options. Directly across from Chase Bank and the US Post Office. 2,225 SF of Retail being held vacant for the new owner to occupy or lease out. Restaurant is an excellent tenant whose lease expires in Oct. 2024
RTI approved permits for a "Shovel-Ready", non-rent controlled (no low-income requirement / no SB 8), 4-unit multifamily development that will overlook the downtown Los Angeles skyline and is within close walking proximity to the new 6th Street Bridge and P.A.R.C. under construction. Adding greater value, on December 12, 2023, the LA City Council voted to adopt the Boyle Heights Community Plan with rezoning amendments that will allow up to 11 residential units / 6,601.8 buildable sq. ft. at market rates or up to 20 residential units / 13,203.6 buildable sq. ft. with max bonus. In addition, the new zoning allows for the option of mixed-use development with no restriction on building height and the number of residential units will still remain up to 11 market rate units or up to 20 units with max bonus!
One of a kind creative space in Frogtown. Perfectly situated as the last industrial building before the major residential section of Elysian Valley, this approx 4500 square foot space has for over 30 years been a place for art and art-making. With Pristine white surfaces and 15 foot ceilings, it was for over 20 years the home and studio of artist Frank Romero, a pioneer of the Los Angeles Chicano movement and pivotal member of the acclaimed art group Los Four. Presently used as a collector's private art gallery and home, it is centered around an immense 29 x 38 foot gallery with 15 foot ceilings, and includes 2 smaller galleries, large art storage area with loading dock, 3 room office/bedroom suite, a principal bedroomwith adjoining office, kitchen, and soaring domestic storage, 2 bathrooms, 2 mezzanine storage areas, a 3 truck garage facility with roll-up doors, and extensive camera security system. The property is zoned LACM Manufacturing (Light) and is 3 doors from the LA River with next street access to the famous L.A. Bikepath. The path provides a direct connection to the gentrified Frogtown delights of the new Loreto Restaurant, LA River Kayak Safari, La Colombe Coffee, and Wax Paper. Frogtown/Elysian Valley is the new LA hub of artists, architects, filmmakers, and high tech, and continues to develop as a much in demand location for commerce and living.
Building in great condition, Perfect for Cannabis store, Area is zoned for it., buyer and agent to verify and due their due diligence. Building could be used for light manufacturing, retail, warehouse, possibilities are endless. Seller may consider carry back and maybe assume existing loan. Call me if you have any questions. Current use is a boutique, event center, party rentals. Not under lease
Great Investment Opportunity. Mixed Use Property. Current use is a restaurant in the front and residential units but best and approved use is retail/store/offices. Run your business in the front and rent out the other office spaces. All units currently occupied. Seller will do his best to deliver vacant or get a discount if you take them occupied. Ample parking in the rear of the property. Seller is motivated.
IRN Realty is proud to exclusively showcase for sale this 6-unit mixed-use retail and apartment complex in the heart of East Los Angeles. The property is comprised of a 4-unit street retail building with a detached 2-story duplex. The total building square footage is 6,746 SF and it resides on a 9,600 square foot lot. The mixed-use asset has two separate buildings in tandem, approximately 5,030 SF of 4 unit street retail in the front and a 2-story 1,716 SF residential building located in the back. The property is zoned as C2, subject to the Citys Rent Stabilization Ordinance (RSO) and is neither located in an Opportunity Zone nor a HUBZone. In 2012, a building permit was issued for the building addition of the first floor apartment structure at 2639 Whittier Blvd. (Buyer to Verify). The official address of the subject property is 2631 2639 Whittier Blvd, Los Angeles, CA 90023. Immersed in the rich culture of Los Angeles, this mixed-use asset was originally built in 1947. The building has served the Boyle Heights District for many decades and has a traffic count of approximately 30,000 people per day. It is in close proximity to the major freeways including the I-5, US-101, CA-60 and I-10. Current tenants offer a nice assortment of services including: restaurant, bar cafe, church and uniform manufacturing. Some tenants currently exercise a month-to-month tenancy while other tenants possess signed lease agreements ranging from 1 to 2 years. 2635 Whittier Blvd. is a great opportunity for investors and owner-users alike. On the investment side, there is immense upside to create additional rental value as the district of Boyle Heights is home to many flourishing businesses that service the local community. For owner-users, there is equal opportunity to personalize the building to ones individual business while building long-term equity and supplementing income with neighboring enterprises.
On the corner of 5th street and Towne Avenue. This warehouse built in 1978 in the heart of DTLA. Close by the wholesale stores of Toys District. To access to highway I10, I5, 101, and 110 within 5 miles. A building on a lot size of 43,151 SqFt with 31,218 SqFt on ground level plus 3,010 SqFt to be an office/showroom on the second floor. Well-lit natural light in the building. It features with large Ground-Level loading docks which offer seamless access to material handling equipment, enhancing operational efficiency. This is a great opportunity for importer/distributer, or investor/developer.
Situated at the signalized corner of Lorena Street and East 4th Street in the dense pocket of the Boyle Heights, the subject property was being used as a 3 bedroom and 2 bath Single Family house for 20+ years (delivered empty no later than 4/30/24). However, all the Certificate(s) of Occupancy, since it was constructed only allow for commercial uses. Prior to its residential dwelling use it was a Cafe and a Store location. The property is situated in a State Enterprise Zone which reduces the parking requirements to: 2 spaces for every 1,000 SF. More specifically, this would be the new parking requirement for Medical/Dental and Restaurant (take-out/sit-down) uses. The property will be vacant April 30th. City Attorney is requiring the subject to be converted back to its original use. SBA and Conventional loans will finance at 85% to 90% loan-to-value, plus finance all Tenant Improvements for an Owner-User Buyer to capitalize.
APNs: 5306006053, 5306006025, 5306006025. Physical addresses are: 4640 Harriman Ave. South Pasadena CA 91030; 4646 Harriman Ave. South Pasadena CA 91030; and 4648 Harriman Ave. South Pasadena CA 91030. South Pasadena Hillside vacant land project with views! Each parcel is approximately 50 Sqft x 150 Sqft (7,506 Sqft each) which gives you approximate total of 22,518 Sqft. To be sold separately, or all three (22,491 Sqft) will be offered at a discounted price of $950k. The rare opportunity to build your own South Pasadena dream home(s)! LOTS LOCATED TO THE NORTH OF 4636 HARRIMAN AVE. Seller has Plans, Drawings, Window & Door Schedules, Grading Plan, Landscaping & Irrigation plan, Soils Report, and Sample Board & Scaled Model for 3 homes. Per the Seller, you can either build one large property or take on what previous owners plans to build 3 separate homes. Building plans & drawings to are for 3 separate 2 level 4 Bedroom + 2.5 Bathroom with 3-car garage contemporary style homes each with a total living space of 2,510 Sqft. THE AWARD-WINNING SOUTH PASADENA SCHOOL DISTRICT!INFORMATION IS DEEMED RELIABLE, BUT NOT GUARANTEED; BUYER TO VERIFY. PLEASE DO NOT TRESPASS FROM ANY NEIGHBORS' PROPERTIES TO GAIN ACCESS, GATED ACCESS.
Located near brand new luxury apartment buildings and many restaurants. Next to the brand new Nike, Jordan store, Urban Outfitters, Gap, FootAction, West Elm, Theory, H&M, and the new Apple Store.
This is a great opportunity to acquire a commercial property (Mexican Restaurant) with 2 residential units in the heart of the Echo Park area. It is located on Alvarado Blvd. nearby Sunset Blvd. This property is also located in the PROPOSED mixed-use zoning(Buyer must verify zoning details with the City).Heavy daily traffic at a big street cornerlot 7561 sq ft.
High Traffic count with 45,000 cars per day Very close to city transportation, shopping area and restaurants and very important very close to the 5, 60 and 710 freeways.. MUST SELL TOGETHER WITH 4245 E. CESAR CHAVEZ AP. 5234003029. High Traffic count with 45,000 cars per day, CLOSE TO EASTERN AVE.
2 Units mixed use property. Seller divided first floor into two office, front first floor being used by owner, unit on second floor 1,200.00 sq ft 3/2. Owner is ready to view all offers. Very close to city transportation, shopping area and restaurants and very important very close to the 5, 60 and 710 freeways.. Comments Title: MUST SELL TOGETHER WITH 4237 E. CESAR CHAVEZ AP. 5234003029. High Traffic count with 45,000 cars per day, CLOSE TO EASTERN AVE.