Great investment opportunity! Two story complex 9 units with two (2) bedrooms and one (1) bathroom. The property is next to a school, and it's very convenient. Well-maintained, close to restaurants, shops, bus stop etc. Buyers and agent to check all information with City. Sold As Is condition. Drive by only. Please Do Not Disturb Manager or Tenants. All units are occupied.
Opportunity Awaits! Don't miss out on this chance to own a piece of Leimert Park's rich history. Property Highlights: Prime location in the sought-after cultural hub of Leimert Park. Less than a block away from Metro K line, providing convenient access to public transportation. Property has historic significance and unique architectural features. Suitable for various uses including retail, coworking spaces, and creative studios. Potential for additional rental income from the vacant office space.
SCREAMING DEAL! Income of $3,200 for commercial use of the lot for storage purposes PLUS an additional $2,000 for the lease of a sign at the corner of the lot totaling $62,400 per year! Buy it for its income stream alone or collect income while you entitle it for redevelopment. Almost a 9% cap rate based upon gross income with zero maintenance and management expenses! The sign lease is on a month to month basis and can be increased or terminated at any time. Seller states that the sign has been there for years, used by the same lessee, and the lessee desires to continue to lease it if it is offered to the lessee by the buyer. If desired, the sign can be removed by the buyer at any time in the future but it should not obstruct any development should it remain in place based upon it being located at the very corner of the lot. Lease of the lot terminates on June 30, 2024 but the ownership states they believe the tenant would prefer to renew at expiration. Great opportunity to own a rare flat level lot zoned C3 for commercial and residential uses. Although sold for land value only, there is an existing vacant home on the site but it is considered to be a teardown. Seller had tentative verbal approval for a 6-unit development allowed by right along with a 24-hour post office box business with a great income potential with very limited competition. See the renderings for the proposed building and business. Architect may be available to be hired to continue with the approval process for the proposed development, if desired. Additional photos of another post office box business are included for visualization purposes. Repurpose the property as desired or use it as-is. With new codes, it should allow for both residential and commercial development with a potential for residential low-income bonus developments and ADU's. Easy to build-out with all utilities in place. Both street access and convenient alley access for more development choices and opportunities. Completely fenced, locked, and secure. Property may also be suitable for multi-family residential, single-family dwelling, commercial and/or residential condominium project in addition to a commercial and residential development by right. The restrictive SB-8 may not apply due to the property being commercial. Property is located in Los Angeles but within a small unincorporated pocket under the jurisdiction of the County of Los Angeles. Check with the County and your architect for all details related thereto. Extraordinary opportunity for a large, scarce, flat, unique, and desirable property along a major thoroughfare. Sold in its present condition and "as is". No warranties of any kind or representations made regarding the property whatsoever. Buyer to conduct their own independent investigations. Standard sale. No court approval necessary. Copies of leases, one now on a month to month basis, are included herein for reference. Because it is being sold for land value only and its income stream, an interior view of the house will only be allowed upon an accepted offer and only if deemed necessary and requested by the buyer because the house is considered to be a teardown. Also, because it is being sold for land value, sign, and its income stream only, drive-by the property at any time and feel free to view it along Vermont and/or the alley at the rear of the property. Also, feel free to view aerial photos readily available on the WWW. Do not disturb occupants. Incredible deal. Make it yours.
Ideal house in commercial zone on heavy traffic street. Perfect for construction Co, painting, electric, plumbing, etc... 3 parking spaces, storage in the back places, 3 bedroom + 2 bathroom residence. (check with city permit) Recently remodeled, brand new kitchen, new painting. Perfect for business and residence in the same place.
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.
The subject property is a mixed-use retail and residential building sitting at 7,500 SF on an estimated 5,617 SF lot. 5314 S Broadway currently consists of two (2) ground level retail storefronts and two (2) residential units located on the second floor. Additionally, in the rear of the building sits a detached structure that is used for storage/parking. With 75% of the building currently vacant, this presents an excellent opportunity for investors seeking over a 7% pro forma cap rate. Immediate market rents can be attained for both the retail and residential units. Furthermore, this offering is well-suited for owner-users interested in leveraging SBA financing, requiring as little as a 10% down! An owner-user has the option to occupy 51% of the premises while leasing out the remaining space for supplemental income.*Per title, building square footage is 5,869. Buyer to perform own due diligence and verify all information.
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.
Former Coin Laundromat located on a Signalized corner, Free standing corner building with 6 Parking spaces adjacent to an alley. Interior height is approx. 12 Feet, 1 Bathroom, 1 Storage room, 1 Water Heater.The property can accommodate 36 Washers; 19 Dryers; 1 Weight Scale; Coin changers, Carts; Soda Machines and Soap Machine.Property has " Coin Laundromat" signage.
Welcome to this Wonderful World Class Recording Studio. Recently Completed with an incredible creative environment that allows every artist to receive the highest quality professional sound recording & mixing. The studio was built & designed by Progressive Designs Inc. who among others, built Studios for Bruno Mars and Lady Gaga. Your dreams will come to fruition in this amazing sonic space which consists of a Studio A, the main room, and Studio B, the Production room. The essential key to the creative process is an environment which cultivates the artist so they can be immersed and focused on his or her vision. The entire studio complex does exactly that. From the hip vibes and positive energy you get from chilling in the lounge or playing a game of pool, this studio evokes the best of the best. The custom Augsburg monitors are perfectly tuned in the room to deliver the most accurate visual image for the artist to hear. This is a must see, special & unique recording environment that personifies a superb canvas for any artist to bring their imagination to vivid reality. An absolutely impeccable recording space, do not miss this rare find where artists dreams do come true.
Welcome to this Wonderful World Class Recording Studio. Recently Completed with an incredible creative environment that allows every artist to receive the highest quality professional sound recording & mixing. The studio was built & designed by Progressive Designs Inc. who among others, built Studios for Bruno Mars and Lady Gaga. Your dreams will come to fruition in this amazing sonic space which consists of a Studio A, the main room, and Studio B, the Production room. The essential key to the creative process is an environment which cultivates the artist so they can be immersed and focused on his or her vision. The entire studio complex does exactly that. From the hip vibes and positive energy you get from chilling in the lounge or playing a game of pool, this studio evokes the best of the best. The custom Augsburg monitors are perfectly tuned in the room to deliver the most accurate visual image for the artist to hear. This is a must see, special & unique recording environment that personifies a superb canvas for any artist to bring their imagination to vivid reality. An absolutely impeccable recording space, do not miss this rare find where artists dreams do come true.
Great Business Opportunity! Purchase the building with restaurant equipment! Property was a restaurant. An open eating area, counter and serving area, kitchen, bathroom and storage room. Enclosed area behind the property. Come be the newest business owner!
Prime investment opportunity in the heart of South Central Los Angeles Area. This corner lot is a rare gem, situated on the bustling intersection of Normandie Ave and Manchester Ave, offering exceptional visibility and access. Ideal for investors and owner-users alike, this property presents a multitude of development and investment prospects in a thriving market. Positioned within the Vermont/Manchester Recovery Redevelopment Project and zoned as C2-1VL, the lot spans 22,252 square feet according to tax records and the actual size of 23326. Currently, the property is fully paved and fenced and hosts three tenants operating in the auto-related sector with month to month lease. The property holds potential for transformation into a gas station, drug store, fast-food restaurant, or neighborhood retail services hub. Property tours are limited to the exterior only, with tenants undisturbed. For interior viewings, please coordinate with the listing broker.
Owner has a "No Further Action" Letter from the Los Angeles Regional Water Quality Control Board (LARWQCB) Property is sold in this "AS IS" condition.
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.
Fantastic "Live/Work Loft" in the heart of Larchmont Village designed by prominent architect & interior designer Jim Magni. Chic, loft-style architecture (commercial C2 zoning) features an ideal floor plan w/soaring volumes of space & abundant natural light. Lower level: tandem garage w/direct access (one space currently an office) & foyer. Mid-level: dramatic living room, large dining area, generous open kitchen w/premium appliances & full bath. Top level incorporates primary ensuite w/luxurious, skylit bath & sitting room w/view balcony (convertible to second bedroom). Layout offers multiple areas for home or work use. Welcome to a private, discrete, move-in condition townhome, in the geographic center of LA. Moments away from vibrant Larchmont, cultural venues, entertainment studios & freeways. A rare gem indeed!
Six Figure Producing Business for Sale! In Prime location of City Terrace minutes from major freeways and DTLA. All Equipment, Contracts, licenses (Beer and Wine / Tabacco), Merchandise to be included in sale. Recently remodeled and upgraded cooling system for all product. Newly installed security protective glass and security door. Business is generating $40,000 a month and still climbing for added potential. Rent is $2,000 a month with a 10 year contract. This is an amazing opportunity for any owner operator who wants to generate a 5 figure salary.
We are pleased to present this two-story mixed-use retail and office building located on the prime signalized corner of S. Robertson Blvd and Olin Street in a Beverly Hills/Beverlywood adjacent neighborhood, just blocks from the 10 East and 10 West Freeway exists and Hamilton High School. The subject site is a 3,230 square foot two-story building, featuring +/- 1,615 square feet of high-profile retail on the ground floor, and, +/- 1,615 of turn-key office space. The ground-floor retail has excellent exposure to both north and south traffic and is attractive to this corridor's many other food, entertainment, and shopping uses. The second floor is excellent for a law firm or other professional services companies. This building presents an owner-user with high visibility signage and branding opportunity; not just to all who enter and exit the 10 Freeway, but to all of the multi-million-dollar home owners in the immediate surrounding neighborhoods. The second floor office space is beautifully built-out and features a lobby, reception area, six private offices (two of them large, facing Robertson Blvd), an outdoor terrace, storage room, bathroom with shower, kitchen, and a conference room. The building will be delivered fully vacant. The 2,126 square foot lot is zoned C4 and can accommodate 1-2 cars for parking. Ideal building for either an owner-user or an investor. Great signage opportunity for company identity with a traffic count of approximately 60,000 cars per day. Great freeway access for employees and staff traveling from any part of the City. Enjoy multiple amenities on Robertson Blvd including food, retail shopping, coffee shops and juice bars all mixed with standard office uses.
This business condo is located at the corner of Crocker Street and 9th Street, so it is a commercial building that can create a variety of businesses through multi-purpose use such as retail, showroom, warehouse, and office. It is also a section 3 area that can be used as a living space.Of course, you can also get a city permit. Because it is located in the downtown area, it has excellent accessibility to the surrounding area with all infrastructure. and Property Highlights Showroom .Creative Office Space . Ground Floor Retail Frontage with mezzanine . Prime Downtown Los Angeles Fashion District Location . Elevator Serviced Rooftop Parking .Walking distance to the City Market project and San Pedro Wholesale Mart . Within the Enterprise Zone.It is located approximately 5 to 10 minutes away. The #5 unit is 1,640 sf and is built with 2nd floors and a mezzanine. It can be expanded to 3,190 sf by purchasing unit #6 1,550 sf in the building next to the 2-unit together. Buyer can use a wider space. We will help you purchase it at a cheaper price.This great business condo is once again for sale at a very reasonable price. We also help you make purchases easily using SBA loans and commercial personal loans. Invest in an affordable business condo that is an investment with a solid future.It will be a landmark that sets a new milestone for the 921 Crocker Street Business Condominium in the Fashion District.This is a cant-miss investment opportunity for both investors and owner-users that wish to do business in one of the busiest and most profitable districts in Los Angeles. Remember !!! LA Downtown Fashion District continues to grow 24 hours a day , 365 days a year, according to the DTLA 2040 Plan.
Seize the opportunity to own a prime piece of real estate with this expansive 8,000 square foot freestanding industrial building situated on the bustling Broadway corridor in the vibrant City of Los Angeles. This property offers an impressive street presence in a highly sought-after area known for its dynamic business environment. The building boasts versatile space that is ideal for various industrial uses or could be reimagined for a new business venture. With a generous lot size, ample workspace, and easy access to major Los Angeles thoroughfares, this property is a valuable asset for any investor or business owner looking to make a mark in the heart of one of the world's most influential cities.
This business condo is located at the corner of Crocker Street and 9th Street, so it is a commercial building that can create a variety of businesses through multi-purpose use such as retail, showroom, warehouse, and office. It is also a section 3 area that can be used as a living space.Of course, you can also get a city permit. Because it is located in the downtown area, it has excellent accessibility to the surrounding area with all infrastructure. and Property Highlights Showroom .Creative Office Space . Ground Floor Retail Frontage with mezzanine . Prime Downtown Los Angeles Fashion District Location . Elevator Serviced Rooftop Parking .Walking distance to the City Market project and San Pedro Wholesale Mart . Within the Enterprise Zone.It is located approximately 5 to 10 minutes away. The #5 unit is 1,640 sf and is built with 2nd floors and a mezzanine. It can be expanded to 3,190 sf by purchasing unit #6 1,550 sf in the building next to the 2-unit together. Buyer can use a wider space. We will help you purchase it at a cheaper price.This great business condo is once again for sale at a very reasonable price. We also help you make purchases easily using SBA loans and commercial personal loans. Invest in an affordable business condo that is an investment with a solid future.It will be a landmark that sets a new milestone for the 921 Crocker Street Business Condominium in the Fashion District.This is a cant-miss investment opportunity for both investors and owner-users that wish to do business in one of the busiest and most profitable districts in Los Angeles. Remember !!! LA Downtown Fashion District continues to grow 24 hours a day , 365 days a year, according to the DTLA 2040 Plan.
Extremely Versatile Office Building with Studio Apartment and Approved Plans LOCATION LOCATION LOCATION Exceptionally Unique Office Building with Optional Approved Plans for Future Development! Ideally located in an extremely-sought after area just moments from I-10, this approximately 1,914sqft building and 2,730sfqt lot affords excellent visibility with a high traffic count of roughly 100,000 vehicles. Can paint logo or branding on side of the building. (Venice Blvd and La Cienega Blvd- 2-mile radius). Perfect for an investor and/or owner occupant, the two-story building includes approximately 910sqft of office space on each floor, as well as an attached studio apartment. Before exploring the interior, venture to the rear of the building to find a gated parking lot with plenty of paved spaces for both employee parking and personal use. Offering a welcoming aesthetic, the property delights with a desirable corner lot, convenient sidewalks, a classic stucco exterior, and an inviting front door. Step inside to discover a main-level with an openly flowing layout, ample light, neutral paint hues, and a half bath. Head upstairs to review the second-floor with tons of natural light and a sprawling area for communal workspace. Nestled in the back of the building, the studio apartment presents a unique opportunity for an owner occupant to enjoy excellent work/life balance. Ready for new imagination and upgrades, the studio apartment features an open concept kitchen, sizeable living/bedroom area, track lighting, and a full bathroom with a shower. For those seeking a modern edge and uber-chic vibes, the new approved plans ensure fresh possibilities with three floors of cutting-edge office space, employee lounges, and an uncovered rooftop deck. Boasting covered parking for 3+ vehicles, the first-floor has three offices, a gender-neutral bathroom, and a storage closet. The second-floor impresses with five offices, a covered patio, two gender neutral bathrooms, server area, two closets, and a mechanical room. Finally, the third floor dazzles with two offices, supply closet, employee lounge, and an uncovered deck. As a bonus this property is only minutes from restaurants, shopping, cafes, LAX, Union Station Commuter Rail, and Sony Pictures Studios. Get all the advantages of this rarely-available property, and start living your entrepreneurial dreams today. Call now to schedule your private showing!Can be delivered Vacant.Broker & broker's agents do not guarantee accuracy square footage or other information concerning conditions or features of the property. Buyer is advised to independently verify accuracy of all info through personal inspection & with appropriate
6 OF 10 LEGAL UNITS ARE VACANT, 1 NON-CONFORMING UNIT VACANT. Constructed in 1953, 3280 Provon Lane is comprised of one two-bedroom unit, nine spacious one-bedroom units, and one non-conforming one-bedroom unit. Among the 10 legal units, several boast upgraded kitchens, showcasing custom oak cabinets, granite countertops, laminate vinyl plank flooring, and recess lighting. Presently, six of the ten sit unoccupied, with four of these vacancies yet to undergo renovation. ELEVENTH NON-CONFOMRING UNIT HAS BEEN IN OPERATION FOR DECADES AND IS CURRENTLY VACANT. PRIME CANDIDATE FOR CONVERTING INTO AN ADU.
Discover this real estate opportunity just 4 minutes away from the iconic Sofi Stadium! This office building boasts two spacious office spaces, 1.5baths, and kitchen, providing the ideal mixed-use setting for your living/business endeavors. With the convenience of private parking for up to 4vehicles, your clients and employees will enjoy easy access. The expansive lot offers many possibilities, allowing you to tailor the space to yourneeds. Seize the chance to own a property with outstanding potential!
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