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Listed by Brian Noh, DRE #01438155 • Nohco Real Estate
$ 1,395,000
Est. payment | /mo
5,082 Sqft Lot
$ 1,395,000
Est. payment | /mo
5,082 Sqft Lot
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CROC26159156
Style Traditional
Year Built 1922
Lot Size 5,082 Sqft
Source California Regional MLS
Property Description
4 UNIT APT + RETAIL BUILDING! Mixed use Retail/Apt building in the USC Patrol Zone in Los Angeles, Ca. Just blocks from the USC campus, this investment opportunity is ideal for an owner/user business operator looking for a prime retail space while collecting rents from the Apts for additional income stream. Property qualifies for SBA financing with over 52% vacancy. The property is comprised of two structures totaling 3,592 SF with a fully vacant 1,872sf corner retail building ideal for immediate owner occupancy or divided into 3 retail units with parking in the rear. The separate apartment was built in 1954 is a two story 4 unit property totaling 1,720sf with all 1/1 units fully occupied w/ MTM tenants & upside in the rents. On a corner lot totaling 5,058 SF in size with C2 zoning for multiple use allowed. Centrally Location near USC on Jefferson Blvd within the USC Patrol Zone, near Exposition Park, LA Coliseum, DTLA, Freeways, Restaurants & Shops. 11.3 GRM/6.5% CAP RATE.
Location
State CA
County Los Angeles
Area C37 - Metropolitan South
Interior
Heating Wall Furnace
Cooling None
Flooring Laminate
Laundry None
Exterior
Parking Features Other
Garage Spaces 6.0
Pool 31, None
Roof Type Flat / Low Pitch,Shingle,Composition
Building
Foundation Raised, Concrete Slab
Water District - Public
Architectural Style Traditional
Others
Tax ID 5040022001
Special Listing Condition Not Applicable
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