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.
I am proud to present the Figueroa Flats, a ten unit apartment building located in South Central Los Angeles. With immediate access to the 110 and 105 freeways and numerous metro lines Figueroa Flats are well located and central to everything near Downtown LA, Inglewood, Hawthorne and Gardena.The 10,400 square foot two story building sits on .35 acres and is comprised of (10) Three (3) bedroom Two (2) bathroom units. (10 x 3/2). Each unit is 1040 square feet. The building has benefitted from new exterior remodeling and paint, new roof, new fiberglass walkways and is looking better than ever. 6 of the 10 units are renovated and achieving market rents. Income is strong with only a 13% upside to rents, much of which will be achieved in November 2024. The building is NOT subject to Los Angeles RSO meaning the owner can raise rents 8.8% annually (CPI+5% currently). There is room to add ADUs on the property to increase rental income. There is an assumable $1,453,936 mortgage at 3.29% interest fixed until October 2030. A down payment of approximately $3,039,000 is required and yields a cash on cash return of 7.69% on current rents and 8.19% after November 2024.
I am proud to present the Figueroa Flats, a ten unit apartment building located in South Central Los Angeles. With immediate access to the 110 and 105 freeways and numerous metro lines Figueroa Flats are well located and central to everything near Downtown LA, Inglewood, Hawthorne and Gardena. The 10,400 square foot two story building sits on .35 acres and is comprised of (10) Three (3) bedroom Two (2) bathroom units. (10 x 3/2). Each unit is 1040 square feet. The building has benefitted from new exterior remodeling and paint, new roof, new fiberglass walkways and is looking better than ever. 6 of the 10 units are renovated and achieving market rents. Income is strong with only a 13% upside to rents, much of which will be achieved in November 2024. The building is NOT subject to Los Angeles RSO meaning the owner can raise rents 8.8% annually (CPI+5% currently). There is room to add ADUs on the property to increase rental income. There is an assumable $1,453,936 mortgage at 3.29% interest fixed until October 2030. A down payment of approximately $3,039,000 is required and yields a cash on cash return of 7.69% on current rents and 8.19% after November 2024.
I am proud to present the Figueroa Flats, a ten unit apartment building located in South Central Los Angeles. With immediate access to the 110 and 105 freeways and numerous metro lines Figueroa Flats are well located and central to everything near Downtown LA, Inglewood, Hawthorne and Gardena. The 10,400 square foot two story building sits on .35 acres and is comprised of (10) Three (3) bedroom Two (2) bathroom units. (10 x 3/2). Each unit is 1040 square feet. The building has benefitted from new exterior remodeling and paint, new roof, new fiberglass walkways and is looking better than ever. 6 of the 10 units are renovated and achieving market rents. Income is strong with only a 13% upside to rents, much of which will be achieved in November 2024. The building is NOT subject to Los Angeles RSO meaning the owner can raise rents 8.8% annually (CPI+5% currently). There is room to add ADUs on the property to increase rental income. There is an assumable $1,453,936 mortgage at 3.29% interest fixed until October 2030. A down payment of approximately $3,039,000 is required and yields a cash on cash return of 7.69% on current rents and 8.19% after November 2024.
I am proud to present the Figueroa Flats, a ten unit apartment building located in South Central Los Angeles. With immediate access to the 110 and 105 freeways and numerous metro lines Figueroa Flats are well located and central to everything near Downtown LA, Inglewood, Hawthorne and Gardena. The 10,400 square foot two story building sits on .35 acres and is comprised of (10) Three (3) bedroom Two (2) bathroom units. (10 x 3/2). Each unit is 1040 square feet. The building has benefitted from new exterior remodeling and paint, new roof, new fiberglass walkways and is looking better than ever. 6 of the 10 units are renovated and achieving market rents. Income is strong with only a 13% upside to rents, much of which will be achieved in November 2024. The building is NOT subject to Los Angeles RSO meaning the owner can raise rents 8.8% annually (CPI+5% currently). There is room to add ADUs on the property to increase rental income. There is an assumable $1,453,936 mortgage at 3.29% interest fixed until October 2030. A down payment of approximately $3,039,000 is required and yields a cash on cash return of 7.69% on current rents and 8.19% after November 2024.
Incredible opportunity to purchase an updated 4236 square foot creative studio with private offices located on a signalized corner in rapidly growing Glassell Park. The generous main studio space is currently an impressive professional photography studio and event space featuring a 30 ft. by 20 ft. corner cyc wall with a five ft. floor radius, 12ft. ceilings, and an 11 ft. wide drive-in door. Additional features include a rustic-industrial-style conference/lounge room with a wet bar and an adjacent professional hair and makeup room complete with wardrobe setup and a private dressing area. The property is located next door to Habitat Coffee and is just a few blocks from other neighborhood amenities such as Dunsmoor, Bub and Grandma's, The Grant Bar, Verdugo Bar, Kingsize Soundlabs, and the Wife and the Somm. In addition to the main studio, there are six offices of varying sizes, four of which include loft spaces that add to the overall square footage. The updated office spaces include a common area, bathroom, and lobby. Meticulously maintained and thoughtfully upgraded, this building offers countless possibilities for your most creative endeavors
Incredible opportunity to purchase an updated 4236 square foot creative studio with private offices located on a signalized corner in rapidly growing Glassell Park. The generous main studio space is currently an impressive professional photography studio and event space featuring a 30 ft. by 20 ft. corner cyc wall with a five ft. floor radius, 12ft. ceilings, and an 11 ft. wide drive-in door. Additional features include a rustic-industrial-style conference/lounge room with a wet bar and an adjacent professional hair and makeup room complete with wardrobe setup and a private dressing area. The property is located next door to Habitat Coffee and is just a few blocks from other neighborhood amenities such as Dunsmoor, Bub and Grandma's, The Grant Bar, Verdugo Bar, Kingsize Soundlabs, and the Wife and the Somm. In addition to the main studio, there are six offices of varying sizes, four of which include loft spaces that add to the overall square footage. The updated office spaces include a common area, bathroom, and lobby. Meticulously maintained and thoughtfully upgraded, this building offers countless possibilities for your most creative endeavors
Incredible opportunity to purchase an updated 4236 square foot creative studio with private offices located on a signalized corner in rapidly growing Glassell Park. The generous main studio space is currently an impressive professional photography studio and event space featuring a 30 ft. by 20 ft. corner cyc wall with a five ft. floor radius, 12ft. ceilings, and an 11 ft. wide drive-in door. Additional features include a rustic-industrial-style conference/lounge room with a wet bar and an adjacent professional hair and makeup room complete with wardrobe setup and a private dressing area. The property is located next door to Habitat Coffee and is just a few blocks from other neighborhood amenities such as Dunsmoor, Bub and Grandma's, The Grant Bar, Verdugo Bar, Kingsize Soundlabs, and the Wife and the Somm. In addition to the main studio, there are six offices of varying sizes, four of which include loft spaces that add to the overall square footage. The updated office spaces include a common area, bathroom, and lobby. Meticulously maintained and thoughtfully upgraded, this building offers countless possibilities for your most creative endeavors
Industrial Warehouse in a prime Los Angeles location. This expansive industrial warehouse offers over 2000 square feet of prime space equipped to elevate your operations with a 14-foot ceiling clearance. With an electric automatic sliding gate, fully fenced-in perimeter, and additional manual vehicle entrance gate, this space prioritizes security and ease of access. The property has security camera wired connections, and recent safety upgrades including a 5-year sprinkler test report completed in March 2024. Other upgrades include, a fully fire sprinklered systems inside, upgraded 400 amp/3 phase/208v/120v power service, 6-gallon electric hot water heater recently replaced, and a 5-ton AC unit, with another 5-ton AC/Natural Gas Furnace combo unit. There are two extra 5-ton condensers offer future upgrading potential. The property also has a Level-2 vehicle charging station installed on site, recent interior and exterior paint, superior insulation, with the ceiling/roof rafters sprayed with Icynene foam 3.5 " thick.
Industrial Warehouse in a prime Los Angeles location. This expansive industrial warehouse offers over 2000 square feet of prime space equipped to elevate your operations with a 14-foot ceiling clearance. With an electric automatic sliding gate, fully fenced-in perimeter, and additional manual vehicle entrance gate, this space prioritizes security and ease of access. The property has security camera wired connections, and recent safety upgrades including a 5-year sprinkler test report completed in March 2024. Other upgrades include, a fully fire sprinklered systems inside, upgraded 400 amp/3 phase/208v/120v power service, 6-gallon electric hot water heater recently replaced, and a 5-ton AC unit, with another 5-ton AC/Natural Gas Furnace combo unit. There are two extra 5-ton condensers offer future upgrading potential. The property also has a Level-2 vehicle charging station installed on site, recent interior and exterior paint, superior insulation, with the ceiling/roof rafters sprayed with Icynene foam 3.5 " thick.
Generational Asset in Prime Brentwood! We are proud to present this 13,244 SF building comprised of two 3 bed/ 2 bath penthouse style units comprising the whole 3rd floor, Seven - 2 bed/ 2 bath units, and One - 1 bed/ 1 Bath units. Two of the 2Bed/2Bath units will be delivered vacant at Close of Escrow. All the units are extremely spacious allowing a savvy investor to maximize the income potential. 80% of the units have been renovated and redone including quartz countertops, and walk-in closets. The elevator was updated 3 year ago. Beyond the top value for these beautiful units, there is even more value in its location. It is a short walk to San Vicente and all of the luxury amenities that Brentwood has to offer. This property also features on-site parking, on-site laundry, and the seismic retrofitting has already been completed by the Seller. Units have received the allowable rental increases in February of 2024. *Drive by only! Do not disturb the tenants*
Church property features: baptismal pool, kitchen area, separate office space with full bath. Needs TLC revival. Has not been in use for several years. Also may be great for Investor / Developer for Tear Down and Re build.
Church property features: baptismal pool, kitchen area, separate office space with full bath. Needs TLC revival. Has not been in use for several years.Also may be great for Investor / Developer for Tear Down and Re build.
An exceptional opportunity awaits to acquire a piece of historic Van Nuys. This property thrives amidst a bustling commercial hub, adjacent to a popular Mexican restaurant and strategically positioned across from the federal, state, and local government center, housing administrative offices, courthouses, and a post office. It presents a rare chance for businesses seeking to establish themselves in a vibrant and dynamic locale. The venue, currently operational and meticulously designed, caters to a diverse range of events, from elegant weddings to corporate galas and milestone celebrations, accommodating the capacity of 100 people. While the business itself is not for sale, this property offers a prime location that should not be overlooked. Conveniently, public parking is within walking distance, enhancing accessibility for guests and patrons. With its mixed-use potential and proximity to key amenities, this property is a compelling investment opportunity for those looking to capitalize on Van Nuys' rich heritage and thriving commercial landscape.
The Mangassarian Team is excited to present an unparalleled investment opportunity at 5628 York Blvd, Los Angeles, CA 90042. This property showcases a 2,655-square-foot building and a generous 5,595-square-foot land area, complete with an alley. Its diverse layout features two 1,000-square-foot commercial shops and a 1-bedroom house. Nestled in the prime location of York Blvd in Eagle Rock, this property offers distinctive features, including a currently rented shop at $4,700, a vacant shop open for customization, and an available house for rent at $2,500. Priced attractively at $1,788,500, the property comes with special financing options, including owner carry with a 30% for 5 years at 5.5% interest only. Highlighting its investment appeal, the property boasts a vibrant location on York Blvd, renowned for trendy establishments. Its advantageous proximity to a large grocery store ensures significant foot traffic, enhancing its visibility. The property's versatility is evident, catering to both retail and 1BR residential purposes. Diving into the detailed aspects, the property can be categorized as a Class C retail storefront with integrated residential components. Originally constructed in 1947 and subject to a meticulous renovation in 2023, the structure epitomizes a single-ten
The Mangassarian Team is excited to present an unparalleled investment opportunity at 5628 York Blvd, Los Angeles, CA 90042. This propertyshowcases a 2,655-square-foot building and a generous 5,595-square-foot land area, complete with an alley. Its diverse layout features two1,000-square-foot commercial shops and a 1-bedroom house.Nestled in the prime location of York Blvd in Eagle Rock, this property offers distinctive features, including a currently rented shop at $4,700, avacant shop open for customization, and an available house for rent at $2,500. Priced attractively at $1,788,500, the property comes with specialfinancing options, including owner carry with a 30% for 5 years at 5.5% interest only.Highlighting its investment appeal, the property boasts a vibrant location on York Blvd, renowned for trendy establishments. Its advantageousproximity to a large grocery store ensures significant foot traffic, enhancing its visibility. The property's versatility is evident, catering to both retailand 1BR residential purposes.Diving into the detailed aspects, the property can be categorized as a Class C retail storefront with integrated residential components. Originallyconstructed in 1947 and subject to a meticulous renovation in 2023, the structure epitomizes a single-tenanted, 1-story configuration. Its FloorArea Ratio (FAR) stands at 0.47, indicating a balanced relationship between the building size and the land area.Strategically positioned within a C2 State Enterprise Zone, the property occupies 0.13 acres, providing a notable foundation for potential growthand development. Noteworthy features include ample on-site parking, comprising 6 spaces, translating to a favorable ratio of 2.26 spaces per1,000 square feet leased. Additionally, the property boasts a substantial 40 feet of frontage on the bustling York Blvd.This investment opportunity is intricately crafted, combining a strategic location with a diverse layout, setting the stage for multifaceted utility
Extremely rare opportunity to purchase rectangular shaped parking lot in Downtown LA with development potential (Zoned: C2-2D-O-CPIO). Potential Opportunity Zone. Total of 3 APNs adding up to approximately 16,887 SF (120 x 141). Centrally located with Easy access to 10 FWY and 110 FWY. 1 mile from Metro Blue Line, 1.1 miles from Crypto.com Arena (Formerly Staples Center), 1.4 miles from LA Live, and 1.8 miles from University of Southern California (USC). Option: Adjacent property at 1840 S. Main St (APN: 5127-024-017) is available for a possible assemblage.
Extremely rare opportunity to purchase rectangular shaped parking lot in Downtown LA with development potential (Zoned: C2-2D-O-CPIO). Potential Opportunity Zone. Total of 3 APNs adding up to approximately 16,887 SF (120 x 141). Centrally located with Easy access to 10 FWY and 110 FWY. 1 mile from Metro Blue Line, 1.1 miles from Crypto.com Arena (Formerly Staples Center), 1.4 miles from LA Live, and 1.8 miles from University of Southern California (USC).Option: Adjacent property at 1840 S. Main St (APN: 5127-024-017) is available for a possible assemblage.
Completely renovated industrial warehouse in the heart of Echo Park, ideally suited for any and all creative uses. High ceilings, brick walls and vaulted wooden bow-trusses are just some of the architectural highlights of this approximately 3,600 square foot space. Two large open spaces an be utilized for any number of purposes. A spacious glass enclosed mezzanine looks onto the vastness of the warehouse below. New systems include insulated foam roof, three new HVAC units, all new electrical, updated sewer and copper supply lines, two baths, outdoor patio, large 12 x 12 roll-up door, four skylights, wired for sound, cameras and alarm. Adjacent to the bustling Mohawk junction mall at the corner of Sunset Blvd. and Alvarado St. convenient to downtown, Hollywood and just blocks from the 101 freeway.
Completely renovated industrial warehouse in the heart of Echo Park, ideally suited for any and all creative uses. High ceilings, brick walls and vaulted wooden bow-trusses are just some of the architectural highlights of this approximately 3,600 square foot space. Two large open spaces an be utilized for any number of purposes. A spacious glass enclosed mezzanine looks onto the vastness of the warehouse below. New systems include insulated foam roof, three new HVAC units, all new electrical, updated sewer and copper supply lines, two baths, outdoor patio, large 12 x 12 roll-up door, four skylights, wired for sound, cameras and alarm. Adjacent to the bustling Mohawk junction mall at the corner of Sunset Blvd. and Alvarado St. convenient to downtown, Hollywood and just blocks from the 101 freeway.
Completely renovated industrial warehouse in the heart of Echo Park, ideally suited for any and all creative uses. High ceilings, brick walls and vaulted wooden bow-trusses are just some of the architectural highlights of this approximately 3,600 square foot space. Two large open spaces an be utilized for any number of purposes. A spacious glass enclosed mezzanine looks onto the vastness of the warehouse below. New systems include insulated foam roof, three new HVAC units, all new electrical, updated sewer and copper supply lines, two baths, outdoor patio, large 12 x 12 roll-up door, four skylights, wired for sound, cameras and alarm. Adjacent to the bustling Mohawk junction mall at the corner of Sunset Blvd. and Alvarado St. convenient to downtown, Hollywood and just blocks from the 101 freeway.
We are proud to present this fantastic 5 units income property with huge R3 zoning lot! Investors dream. A great location of Hollywood, walking distance to Santa Monica, shops and transportations, and nice neighborhood! The property consists of a 3 bedroom+2 bathroom home in front and a newer fourplex, each with 1 bed+ 1 bath. Units are well maintained with some upgrades. Updated electrical and mostly copper plumbing. There is on site laundry. There are 8 parking spaces in the rear of property.
We are pleased to offer for sale this five (5) unit multifamily investment opportunity located at 505 S. Chicago Street, in Boyle Heights. This two-story building, consisting of two separate structures, was constructed of wood frame and stucco on a raised foundation built in 1905 with a square footage of 4,902 on a 7,500-square foot lot. The building has been reinforced and upgraded in compliance with the latest city codes and regulations, and is comprised of a remarkable unit mix, consisting of three (3) 2+1.5 units, and two (2) 2+1 units. The subject property is 100% occupied and is subject to the City of Los Angeles rent control regulation. The investment boasts spacious floor plans, five (5) on-site parking spaces, and individually metered for gas and electricity.
[BACK ON MARKET] We are proud to represent this 9-unit apartment building in Valley Glen. The property has an excellent unit mix consisting of (1) 5+3 unit, (1) 2+2 unit, (2) 3+1 units, (3) 2+1 units, and (2) 1+1 units with a lot size of 10625 square feet, the property has a total of 7726 rentable square feet. The unit composition allows for healthy long term stays and projected lower turnover times. Currently 2 vacant units are ready to be rented out! The complex has been renovated in its entirety from exterior smooth coating, updated windows, to complete unit make overs. The property maintains close access to the 405, 101, and 170 freeways. Ventura Blvd. is just minutes away with all of its restaurants and shopping while the metro link transportation service allows easy access to Sherman Oaks, Woodland Hills, Burbank, Hollywood, and downtown Los Angeles. The property is separately metered. ***NOTE: Even with the outstanding cashflow this property provides the seller's financing is assumable if the buyer qualifies***
Located on corner of Jefferson Blvd and Trinity St. 2 Building in a lot. Main building 3,770 sf and detached building 940 sf. Great for Manufacturing/Warehouse/Industrial. Private, Paved and Fenced, Automatic Gated Parking Lot Space for 6+ Cars. Loading:1 Ground level Idea for Printing Plant/ Machine shops /Sewing Factory/Garment Manufacturing .......... Highpower 240V/3 PHASE/400A