Los Angeles CA Real Estate & Commercial for Sale

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Beds:
n/a
Baths:
Sq.Ft.:
1,763
Status:
Active
MLS#:
CRSB23091032
Type:
Retail, Business Opportunities
Lot size:
0.11 Acres
Year built:
1919
A broker reciprocity listing Courtesy: Christina Moya - West Shores Realty, Inc. Christina Moya [email protected]
View additional info

Stand alone commercial building with rear parking spaces and a detached one car garage, prime location in San Pedro, plenty of street parking, and alongside multiple commercial businesses. Highly transited area and great foot traffic. Current usage is a beauty salon. Location is suitable for doctors office, child care services, rehabilitation center, professional services etc. Building is semi-open entry, featuring two private rooms, kitchen, restroom with vanity, tile flooring throughout, recently painted interior and central heating and cooling.

Beds:
n/a
Baths:
Sq.Ft.:
2,310
Status:
Active
MLS#:
CRPW23091568
Type:
Office, Business Opportunities
Lot size:
0.95 Acres
Year built:
2007
A broker reciprocity listing Courtesy: Travis Lebouf - Re/Max Platinum Properties Travis Lebouf [email protected]
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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.

Beds:
n/a
Baths:
Sq.Ft.:
2,310
Status:
Active
MLS#:
PW23091568
Type:
Office, Business Opportunities
Lot size:
0.95 Acres
Year built:
2007
Listing Agent: Travis Lebouf CalDRE: 01938822 - Re/Max Platinum Properties, 310-882-0659 Travis Lebouf CalDRE: 01938822
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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.

Beds:
n/a
Baths:
Sq.Ft.:
11,295
Status:
Active
MLS#:
CRWS23091128
Type:
Business Opportunities
Lot size:
0.35 Acres
Year built:
1941
A broker reciprocity listing Courtesy: EDDY CHAO - Eddy Lee Jen Chao EDDY CHAO [email protected]
View additional info

Excellent West Los Angeles location between Westwood and Beverly Hills, just south of Wilshire Boulevards Golden Mile High-identity location on Beverly Glen Boulevard, one block from Wilshire Boulevard. Abundant local shopping and dining options are nearby including the recently renovated Westfield Century City mall, Beverly Hills and Westwood Village. Proximate to Westwood Village, Beverly Hills, Century City, Culver City, and Santa Monica Convenient access to shopping, dining, entertainment and cultural venues Approximately one mile to University of California, Los Angeles (UCLA) Approximately one mile to future Wilshire/Westwood Metro Purple Line subway portal

Beds:
n/a
Baths:
Sq.Ft.:
2,200
Status:
Active
MLS#:
CRPW23081337
Type:
Business Opportunities
Lot size:
0.06 Acres
Year built:
1932
A broker reciprocity listing Courtesy: Christina Hawkins - Coldwell Banker Realty Christina Hawkins [email protected]
View additional info

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

Beds:
n/a
Baths:
Sq.Ft.:
2,200
Status:
Active
MLS#:
PW23081337
Type:
Industrial, Business Opportunities
Lot size:
0.06 Acres
Year built:
1932
Listing Agent: Christina Hawkins CalDRE: 01819909 - Coldwell Banker Realty, 562-544-1756 Christina Hawkins CalDRE: 01819909
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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

Beds:
n/a
Baths:
Sq.Ft.:
4,284
Status:
Active
MLS#:
CRP1-13618
Type:
Mixed Use, Business Opportunities
Year built:
1937
A broker reciprocity listing Courtesy: Laurie Turner - Coldwell Banker Realty Laurie Turner [email protected]
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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.

Beds:
n/a
Baths:
Sq.Ft.:
4,284
Status:
Active
MLS#:
P1-13618
Type:
Single Family, Retail, Office, Mixed Use, Business Opportunities
Lot size:
15,882 Acres
Year built:
1937
Listing Agent: Laurie Turner CalDRE: 01919000 - Coldwell Banker Realty, (626) 483-5269 Laurie Turner CalDRE: 01919000
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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.

Beds:
n/a
Baths:
Sq.Ft.:
4,995
Status:
Active
MLS#:
CL23270520
Type:
Business Opportunities
Lot size:
0.17 Acres
Year built:
1940
A broker reciprocity listing Courtesy: Emanuel Amah - Viewpoint Mortgage Emanuel Amah [email protected]
View additional info

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

Beds:
n/a
Baths:
Sq.Ft.:
1,344
Status:
Active
MLS#:
CL23270353
Type:
Business Opportunities
Lot size:
0.36 Acres
A broker reciprocity listing Courtesy: Emanuel Amah - Viewpoint Mortgage Emanuel Amah [email protected]
View additional info

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.

Beds:
n/a
Baths:
Sq.Ft.:
3,724
Status:
Active
MLS#:
CRDW23083967
Type:
Business Opportunities
Lot size:
0.16 Acres
Year built:
1923
A broker reciprocity listing Courtesy: Sergio Angulo - Century 21 Realty Masters Sergio Angulo [email protected]
View additional info

Update: 2 bed 1 bath will be VACANT. 11726 Budlong Ave is a 5 unit apartment complex located near transportation and LAX. Constructed in 1923 and sitting on a large 6,776 SF. Property consists of 2 separate buildings. Front building has 4 units all 1 bed 1 bath collecting a total of $5,010 per month. Unit #5 is a detached home and is 2 bed 1 bath, it will be delivered vacant and can rent for $2,350. The property has a 4 car garage. This investment presents an amazing value-add opportunity.

Beds:
n/a
Baths:
Sq.Ft.:
4,995
Status:
Active
MLS#:
23270520
Type:
Other
Lot size:
0.17 Acres
Year built:
1940
Listing Agent: Emanuel Amah CalDRE: 00942978 - Viewpoint Mortgage Emanuel Amah CalDRE: 00942978
View additional info

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

Beds:
n/a
Baths:
Sq.Ft.:
4,995
Status:
Active
MLS#:
23270520
Type:
Other
Lot size:
0.17 Acres
Year built:
1940
Courtesy: Emanuel Amah - Viewpoint Mortgage Emanuel Amah
View additional info

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

Beds:
n/a
Baths:
Sq.Ft.:
1,344
Status:
Active
MLS#:
23270353
Type:
Other
Lot size:
0.36 Acres
Courtesy: Emanuel Amah - Viewpoint Mortgage Emanuel Amah
View additional info

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.

Beds:
n/a
Baths:
Sq.Ft.:
1,344
Status:
Active
MLS#:
23270353
Type:
Other
Lot size:
0.36 Acres
Listing Agent: Emanuel Amah CalDRE: 00942978 - Viewpoint Mortgage Emanuel Amah CalDRE: 00942978
View additional info

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.

Beds:
n/a
Baths:
Sq.Ft.:
4,912
Status:
Active
MLS#:
CL23268384
Type:
Business Opportunities
Lot size:
0.14 Acres
Year built:
1962
A broker reciprocity listing Courtesy: Roderick 'Rick' Raymundo - Marcus & Millichap Roderick 'Rick' Raymundo [email protected]
View additional info

With current rents averaging approximately $1.79 per square foot, a new owner can nearly double the property's income by matching the area's market rents that have surpassed $3.50 per square foot. One-quarter of the units have already been substantially upgraded, providing a blueprint for a new investor to follow and recapture the rent upside. Renovated units feature new wood flooring, quartz countertops, new custom cabinets, stainless steel appliances, tile backsplashes, new lighting, and remodeled bathrooms. Built in 1962, the property is nestled between Echo Park Lake and Sunset Boulevard, sitting just one block from both one of Los Angeles' most popular parks and one of the city's trendiest streets. As the neighborhood has gentrified in recent years, new shops and restaurants have emerged along both Sunset Boulevard and Glendale Boulevard, providing numerous destinations within blocks of the property. The building has therefore received a Walk Score of 93, with the immediate area considered a "Walker's Paradise."

Beds:
n/a
Baths:
Sq.Ft.:
4,865
Status:
Active
MLS#:
CL23268253
Type:
Business Opportunities
Lot size:
0.15 Acres
Year built:
1955
A broker reciprocity listing Courtesy: David Yadegaran - Carolwood Estates David Yadegaran [email protected]
View additional info

1142 South Bedford Street offers a rare opportunity for investors seeking a 5% CAP rate on a 6 unit investment property just 3 blocks from Beverly Hills, in the prime Pico-Robertson area of Beverlywood. Unit mix consists of four (4) 1 bedroom / 1 bathroom units along with two (2) 2 bedroom / 1 bathroom units. Built in 1955, each unit features a spacious living area, hardwood floors, one or two bedrooms, and a full bathroom. All six units are currently leased at below market rents, providing a steady stream of income with huge upside for the new owner. The property also includes a shared laundry room and a detached 4-car carport with ADU potential. With a strong rental history, LAR3 zoning and prime location, this 6-unit building is an excellent investment opportunity that should not be missed. Please do not disturb tenants.

Beds:
n/a
Baths:
Sq.Ft.:
3,367
Status:
Active
MLS#:
CRIN23077584
Type:
Business Opportunities
Lot size:
0.15 Acres
Year built:
1927
A broker reciprocity listing Courtesy: Noe Blanco - RE/MAX Alliance Group Noe Blanco [email protected]
View additional info

Welcome to this incredible investment opportunity located in the heart of Los Angeles. This property features two buildings situated on a spacious 6,508 sqft lot. The front house boasts 2 bedrooms and 1 bathroom, perfect for a small family or a couple looking for a starter home. The back building comprises 4 units featuring 2 bedrooms and 1 bathroom. With 5 rental units, this property offers excellent income potential for any investor. Unit A has a renovated Bathroom. Unit B is completely renovated. Gross rents are $8524.86 a month. Gross Yearly income of $102,298.32 Each unit has been recently painted, giving them a fresh and modern look. The back building is 2 stories, providing ample space for all occupants. There is also plenty of parking available, with space in the middle and next to the back building. Located adjacent to both the 110 and 105 highways, this property is in a prime location for easy transportation and accessibility. Don't miss out on this fantastic opportunity to own a piece of Los Angeles real estate!

Beds:
n/a
Baths:
Sq.Ft.:
2,430
Status:
Active
MLS#:
23267363
Type:
Other
Lot size:
0.13 Acres
Year built:
1952
Listing Agent: Emanuel Amah CalDRE: 00942978 - Viewpoint Mortgage Emanuel Amah CalDRE: 00942978
View additional info

This is a must-see medical building. Priced to sell immediately. Consists of 2 Doctors Offices (one with handicap access), 1 Waiting Room, 3 Exam Rooms, and 2 Nursing Stations. Men's and Women's toilets with handicap features. Two staff toilets (one with handicap features). Tankless water heater. 10 Parking Spaces with 2 electrical car chargers Recent complete redesign and rebuild as a medical building. Good for many types of medical disciplines: Pediatrics, General Medicine, Dentist's Office, Dialysis Center All will be happy here. Don't just drive by. Demand to see the inside it's like a different world inside. Better than most of the fancy hospitals you see in magazines. Sufficiently equipped with medical equipment and furniture that could be negotiated as part of the purchase. This building could serve as a turnkey operation for a medical professional.

Beds:
n/a
Baths:
Sq.Ft.:
2,430
Status:
Active
MLS#:
CL23267363
Type:
Business Opportunities
Lot size:
0.13 Acres
Year built:
1952
A broker reciprocity listing Courtesy: Emanuel Amah - Viewpoint Mortgage Emanuel Amah [email protected]
View additional info

This is a must-see medical building. Priced to sell immediately. Consists of 2 Doctors Offices (one with handicap access), 1 Waiting Room, 3 Exam Rooms, and 2 Nursing Stations. Men's and Women's toilets with handicap features. Two staff toilets (one with handicap features). Tankless water heater. 10 Parking Spaces with 2 electrical car chargers Recent complete redesign and rebuild as a medical building. Good for many types of medical disciplines: Pediatrics, General Medicine, Dentist's Office, Dialysis Center All will be happy here. Don't just drive by. Demand to see the inside it's like a different world inside. Better than most of the fancy hospitals you see in magazines. Sufficiently equipped with medical equipment and furniture that could be negotiated as part of the purchase. This building could serve as a turnkey operation for a medical professional.

Beds:
n/a
Baths:
Sq.Ft.:
2,430
Status:
Active
MLS#:
23267363
Type:
Other
Lot size:
0.13 Acres
Year built:
1952
Courtesy: Emanuel Amah - Viewpoint Mortgage Emanuel Amah
View additional info

This is a must-see medical building. Priced to sell immediately. Consists of 2 Doctors Offices (one with handicap access), 1 Waiting Room, 3 Exam Rooms, and 2 Nursing Stations. Men's and Women's toilets with handicap features. Two staff toilets (one with handicap features). Tankless water heater. 10 Parking Spaces with 2 electrical car chargers Recent complete redesign and rebuild as a medical building. Good for many types of medical disciplines: Pediatrics, General Medicine, Dentist's Office, Dialysis Center All will be happy here. Don't just drive by. Demand to see the inside it's like a different world inside. Better than most of the fancy hospitals you see in magazines. Sufficiently equipped with medical equipment and furniture that could be negotiated as part of the purchase. This building could serve as a turnkey operation for a medical professional.

Beds:
n/a
Baths:
Sq.Ft.:
1,620
Status:
Active
MLS#:
CRDW23074305
Type:
Mixed Use, Business Opportunities
Lot size:
0.13 Acres
Year built:
1996
A broker reciprocity listing Courtesy: Jennifer Avellan - Keller Williams SELA Jennifer Avellan [email protected]
View additional info

Looking for a Commerical Property? Looking to be your own boss? Run your own business? If you said yes to all these questions we have the perfect commercial property for you. The location is perfect for any growing business. Currently a mini market in a very high traffic corner lot with maximum exposure. Currently, the business is a Mini-Market. The Business is included in the sale.

Beds:
n/a
Baths:
Sq.Ft.:
1,620
Status:
Active
MLS#:
DW23074305
Type:
Mixed Use, Business Opportunities
Lot size:
0.13 Acres
Year built:
1996
Listing Agent: Jennifer Avellan CalDRE: 01468000 - Keller Williams SELA, 310-346-7851 Jennifer Avellan CalDRE: 01468000
View additional info

Looking for a Commerical Property? Looking to be your own boss? Run your own business? If you said yes to all these questions we have the perfect commercial property for you. The location is perfect for any growing business. Currently a mini market in a very high traffic corner lot with maximum exposure. Currently, the business is a Mini-Market. The Business is included in the sale.

Beds:
n/a
Baths:
Sq.Ft.:
10,786
Status:
Active
MLS#:
CL23265294
Type:
Business Opportunities
Lot size:
0.21 Acres
Year built:
1938
A broker reciprocity listing Courtesy: Matthew R. Kanner - Keller Williams Realty Los Feliz Matthew R. Kanner [email protected]
View additional info

We are pleased to present 821 S Wilton Place, a Character French Normandy style 2-story, 20-unit value-add multi-family investment opportunity with 27%+ rental upside potential, located in the highly desirable Hancock Park adjacent submarket of Los Angeles, just west of Western Ave and south of Wilshire Blvd. Built in 1938, the building is comprised of 19 studios and 1 (1+1) units that average approximately 540+ gross square feet. Additionally, there are two non-conforming/bonus units in the basement, affording an investor the flexibility to capitalize on the potential addition of accessory dwelling units (ADU). The 10,786 square foot structure is situated on an 8,999 square foot LAR3 zoned lot. The property includes a rear backyard featuring mature pine trees, providing ample shade to this outdoor common area. There are 10 individual parking spots (with space to add bicycle and motorcycle parking) in the garage located below the building. The building's units feature large windows and include much of the original, colorful tile in the bathroom's stall showers and floor, and 11 of the units maintain hardwood flooring throughout. The property is separately metered for gas and electric, and there is a common area laundry room and master water heater in the basement. With a Walk Sco

Beds:
n/a
Baths:
Sq.Ft.:
1,140
Status:
Active
MLS#:
CRSR23067777
Type:
Office, Business Opportunities
Lot size:
0.03 Acres
Year built:
1929
A broker reciprocity listing Courtesy: Alexander Yerekhman - Century 21 Hollywood Alexander Yerekhman [email protected]
View additional info

Creative office. Rich in character, rare and exceptional Hollywood Boulevard creative office. A five-minute walk from Hollywood & Vine Metro Station. Iconic location next door to the Pantages Theater, across from the Capitol Records Building and the W Hotel. Featuring an open plan, three separate offices and large common area, private conference room, kitchenette, exposed ceilings, abundant natural light, creative finishes and an Art Deco flair. Impeccably maintained. Abundant parking available at the Vine Street.

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Bay East ©2022. CCAR ©2022. bridgeMLS ©2022 . Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at 4/29/2024.

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The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this website. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

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