Rare opportunity to purchase 4-unit Mix-use property. The 2 story building is configured into 2-commercial spaces on ground floor level, a 5 bedroom 2 bath on the second level. Two gated driveways allowing parking spaces for 3-4 cars. A detached 3-car garage structure, additional free standing 3 bedroom 1 bath house at rear of property with it's own driveway, parking available. Excellent corner location provides great visibility for heavy traffic. Perfect for Owner occupied or Investment purchase. Newer roof on one of the buildings. All tenants are current on rents. Selling AS-IS, No repairs. Do Not disturb occupants.
Prime Deevolpment Site" C2 Lot suitable for multi-units, Located on Major Public Transit Corridor. Close to Post Office, Library and Shopping Center. Across from " Carver Middle School". DO NOT DISTURB TENANT.
Great Investment opportunity , 4 commercial and 2 residentialmixed use, LAC2 zoning, walking distance to Crenshaw Metro Rail Line, excellent location.close to transportation, schools and much more.New electric panel.Lots of potential to develop
***DO NOT GO DIRECT, DO NOT DISTURB TENANTS***Welcome to 6524 S Central, a value add deal in the up and coming community of Florence - Firestone. This property has a total of 11 existing units (9 upstairs and 2 downstairs). According to Planning department this small lot has very high density and can go up to 14 units. There are multiple metered utilities which will allow the owner to separately charge for those services. Florence - Firestone is a TOD Transit Oriented District Specific Plan that was adopted on 09.03.2019. There may also be funds available through the Los Angeles County Development Authority (LACDA) by way of Notice of Funding Availability (NOFA) to fund substantial rehabilitation of affordable housing in exchange for favorable loan terms through this program. There will be much development here over the next few years which may bring values significantly higher. Buyer and/or buyer's agent to do all inspections and verify all information regarding listing. Private financing available. No information is guaranteed or warranty by listing agent or seller.
PRICE REDUCTION! Great opportunity for owner/user! Mixed use property with two commercial retail units in front and a Single Family Residence towards the back of the property. Tenants are currently month to month. The recently remodeled barber shop is leased for $950/mo. The Single Family Residence is leased for $1,250/mo and is in need of cosmetic repairs but has the potential for an ADU. The restaurant is currently vacant and has been recently remodeled with all new restaurant equipment for a takeout style food service operation. The new owner could operate his fast food business from the facility or lease it turnkey to a restaurant owner. Per ZIMAS the lot is Tier 3 TOC which gives the property development potential for the future as the property is in close proximity to the necessary Transit resources enabling greater density if developing affordable residential housing. Motivated Seller! **Buyer to do own investigation. Owner and Broker do NOT make any warranties or representations regarding the Property.**
THIS LOT IS PART OF A FOUR LOT PORTFOLIO ON ROBERTSON BOULEVARD LOCATED JUST A FEW BLOCKS FROM BEVERLY HILLS AND IS A DOUBLE LOT OF APPROXIMATELY 7273 SQUARE FEET. IT HAS A FABULOUS LOCATION AND IS PART OF A DEVELOPMENT PORTFOLIO OF 1040, 1044, 1046 AND 1054 SOUTH ROBERTSON BUT CAN BE SEPARATELY PURCHASED FOR $4,750,000. THE LOT IS FABULOUS FOR BUILDING A DREAM OFFICE BUILDING ALONG WITH MANY OTHER USAGES AND HAS GREAT PARKING OFF THE ALLEY. IT HAS THE TOC 2 ADVANTAGE AND THERE MAY BE ADVANTAGES UNDER AB 2097 FOR PARKING EXEMPTIONS....
Two separate units with almost 3,000 square feet of office or retail space (2,880) all situated on a a 6,540 sq.ft. lot with off street parking. Bring your imagination and the sky is the limit! There is currently one tenant, but can be delivered vacant.
1605 E 1st St is a fully renovated turnkey creative office/art studio space in Downtown LA. The building offers a generous building-to-land ratio for DTLA standards, 3,698 square foot building sitting on 6,908 square feet of land. The building underwent a full remodel totaling over $700,000 recently, making it an elegant turnkey space for an Owner User. Its extensive tenant improvement facelift was completed just prior the exponential and dramatic costs of materials. The high-end renovations included: new electrical, plumbing, HVAC, roof, alarm system, skylights, ramp/handrail, electric gate, windows/doors, bathroom and light fixtures, exterior lighting, and a custom kitchen installation. The property features two private offices, a spacious conference room, a ventilated art studio, two bathrooms, storage, a 10'x10' roll up door, and gated parking with a total of seven spaces. With its versatile layout, the subject property is ideal for a wide range of artistic Owner-Users seeking an adaptable workspace.
This commercial listing is perfect for growing your business, with ample interior and exterior space that allows for limitless expansion. It's ideal for any type of business, from a retail store to a corporate office. The location is excellent, with easy access to the city's main roads and just minutes away from major shopping and business centers. The property measures 2400 sqft and the lot is 5799 sqft, and it has been fully remodeled in 2023. The doors have neon lights, and an alarm system has been installed that can be activated via cell phone. Don't miss out on the opportunity to take your business to the next level with this incredible commercial space. Schedule a visit today!
Long term lease signed with National Tenant for a long term lease starting at $4,000 a month gross modified with escalations. Tenant plans to rebuild building and subdivide it into two tenancies. Potential for billboard advertising on busy street corner. Additional information provided with a submitted offer. Listing photo is a proposed rendering of the renovated space. All sales must be approved by the Court.
Just Listed Great 6 Units Income Producing Units Great Location Opportunity To Add Immediate Value Well Maintained & Operated 9 Gated Parking Spaces New Roof Ect Just A Great property
1st time on the market in several decades. Family owned and operated. Jewel-box commercial and commercially zoned property in the heart of the Westside. Tremendous upside as owner/user or existing office with some rehab. Could have great development potential, as well. Buyer to rely solely on their own investigation of any future development possibilities and potential. Soft story retrofit (if required) shall be the responsibility of Buyer. Truly, a fantastic opportunity.
This property is ideal for a seasoned business for a stating new owner looking to own your own and never lease again, or looking to expand in greater Los Angeles area. Conveniently located on a main street near major highways, shopping centers, public transportation, and residential neighborhoods.
Introducing 2233 Riverdale Avenue - a prime 8-unit multifamily investment opportunity in the heart of Los Angeles! Nestled in Frogtown, around the corner from Silver Lake, this remarkable building is poised to deliver immediate returns for the savvy investor. The property has undergone a comprehensive renovation (including new electrical systems, plumbing, and roof) and now offers the perfect blend of modern comfort and unmatched location.Each of the eight units offers an inviting and comfortable living space, appealing to a wide range of tenants. The thoughtfully designed floor plans provide an efficient use of space for residents to relax and unwind. The modern finishes incorporated into each unit contribute to an elevated living experience, ensuring high tenant satisfaction and long-term occupancy. Additionally, the property features desirable amenities like secure gated entry and parking, central air conditioning, in-unit laundry, and an electric vehicle charger, further enhancing its appeal and marketability. With an incoming cap rate of nearly 5% and low operating costs bolstered by the recent renovations, buyers can enjoy peace of mind and steady revenue generated by this extremely low-maintenance building. Moreover, with an impending approval for a Tenancy in Common (TIC) structure, the potential for the individual sale of units (like condos) unlocks incredible future value and potential returns! With the demand for housing in Los Angeles higher than ever before, this forthcoming approval makes the property an even more enticing investment.With its strategic location, updated infrastructure, impressive revenue potential, and low-maintenance nature, 2233 Riverdale is poised to deliver exceptional returns for savvy investors. Don't miss out on this chance to acquire a turnkey investment with significant income and upside potential in one of Los Angeles' most desirable areas!
Metropointe North is a 22 unit apartment building built in 2021, with professional management provided by Power Property Management, and occupancy is stable. The units are pristine and the location is excellent, adjacent to the Farmdale light rail metro station. Unit mix includes: 8 one bedroom and one bath, 4 two bedroom and one bath, 9 two bedroom and two bath, and 1 three bedroom and two bath. 3 units are deemed affordable housing. The neighborhood has undergone a major economic boom and the economic outlook is bright considering the ongoing $1 billion redevelopment of nearby 43 acre Crenshaw Plaza over the next seven years. The long term demand for local housing for this area seems robust. The building features a central courtyard and an oversized yard with pavers on the south side of the building. Tenants have access to a bike closet and an elevator for added convenience. All units are equipped with stainless steel appliances, a washer and dryer, central air conditioning and heat.
Commercial lot for sale in an active and busy area of Los Angeles. It is located in a well established mixed commercial and residential area. Great location for a growing business. Includes 12 parking spaces for client accessibility. Close to transportation and main shopping centers. Easy access to 110 Freeway. Current tenants are leasing month to month. Come check out this opportunity priced to sell fast!!!
Perfect live-work space in the Downtown Los Angeles market within a few blocks to Staples Center. The property consists of a ground level office space along with a 2nd story loft. Both units have their own entrance and generate income on their own. The loft space has been updated with high end fixtures along with a number of amenities that the property has to offer.
2,500 square feet total (2 units) Two units with separate addresses. Street and alley access. 400 amps of single-phase power. Zoned LM2 manufacturing. Each unit has a roll up door. GREAT RENTAL INVESTMENT PROPERTY.. call agent for details
There are three units this unique property, 1 2 bedroom, 1 bath house with a garage and a commercial bow truss space split in two. One side is tenant occupied the other is vacant. This property offers an incredible opportunity for live/work, artist studio, small warehouse space with available parking. This building offers plenty of space and features a large open floor plan with lots of natural light and maximum versatility. Convenient to the 2 freeway making commuting to nearby cities a breeze.
This property is being sold for land value only. Can be sold alone or together with two other lots 4924 and 4928 Crenshaw Blvd, for a total of 22854 square foot for ($5.700,000 ) Zoning LAC2. Can accommodate up to 85 apartment units, Can also be a mixed-use development. Located in a special opportunity zoning area of Los Angeles with tremendous tax benefits for private long-term investments. Brokers, Investors do your research.Your GoalsAbout UsSolutionsInsightsQualified Opportunity Zones: What Investors Should KnowOctober 2022 Print ShareFacebookTwitterskyscapper buildings and blue skyKey takeaways:The 2017 Tax Cuts and Jobs Act established the Qualified Opportunity Zone program to provide a tax incentive for private, long-term investment in economically distressed communities.Investors in these programs are given an opportunity to defer and potentially reduce tax on recognized capital gains.Tax savings are only available when investors retain the investment in the Qualified Opportunity Fund for the time frame stated.What this may mean for you:If you are facing a significant tax liability as a result of capital gains, investing in a Qualified Opportunity Fund may be worth exploring, provided you invest within a prescribed amount of time.What is an Opportunity Zone?An Opportunity Zone is a community nominated by the state and certified by the Treasury Department as qualifying for this program. The Treasury Department has certified zones in all 50 states; Washington, D.C.; and U.S. territories.1 A list can be found at the U.S. Department of Housing and Urban Development.How does this program work?To defer a capital gain (including net 1231 gains), a taxpayer has 180 days from the date of the sale or exchange of appreciated property to invest the realized capital gain dollars into a Qualified Opportunity Fund, an investment vehicle that files either a partnership or corporate federal income tax return and is organized for the purpose of investing in Qualified Opportunity. The fund then invests in Qualified Opportunity Zone property.The taxpayer may invest the return of principal as well as the recognized capital gain, but only the portion of the investment attributable to the capital gain will be eligible for the exemption from tax on further appreciation of the Opportunity Zone investment, as explained below. The Opportunity Zone program allows for the sale of any appreciated assets, such as stocks, with a reinvestment of the gain into a Qualified Opportunity Fund. There is no requirement to invest in a like-kind property to defer the gain.Note that a taxpayer who receives a reported capital gain from a flow-through entity, such as a partnership, an S-corporation, or a trust/estate, has the option to start the 180 day investment period on any of the following dates:the last day of the entity taxable year;the same date that the entity's 180 day period begins; orthe due date for the entity's tax return, without extensions, for the taxable year in which the entity realized the eligible gain. Qualified Opportunity Fund A Qualified Opportunity Fund is any investment vehicle that is organized as a corporation or a partnership for the purpose of investing in Qualified Opportunity Zone property (other than another Qualified Opportunity Fund) that holds at least 90% of its assets in Qualified Opportunity Zone property.Similar to other investments, an investment in a Qualified Opportunity Fund may increase or decrease in value over the holding period. In addition, income may be paid on this investment. Given that the purpose of the program is to improve particular areas, it is expected that the fund will continue to invest in the improvement of the property in which it is invested. Cash flow may occur once the property improvements are complete and the property is leased or sold to third parties.Because Qualified Opportunity Funds are income tax planning tools and are investment options for taxpayers, these investments may involve ris
This property is being sold for land value only. two lots 4924 and 4928 Crenshaw Blvd, are being sold together for a total of 15236 square foot for ($3.800,000 ) Zoning LAC2. Can accommodate up to 60 apartment units, Can also be a mixed-use development. Located in a special opportunity zoning area of Los Angeles with tremendous tax benefits for private long-term investments. Brokers, Investors do your research.
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