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$1,350,000
Est. payment /mo
3,192 Sqft Lot
UPDATED:
10/17/2024 09:50 PM
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID PW24059683
HOA Y/N No
Year Built 1895
Lot Size 3,192 Sqft
Property Description
Don't let slip an opportunity that may not come again. Nestled in the vibrant neighborhood of Lincoln Heights, this captivating mixed-use income property unveils a unique opportunity for investors. Its ground floor boasts a bustling neighborhood market and liquor store, drawing in locals and visitors alike. Above, FOUR 1 Bedroom AND 1 Bathroom Apartments offer cozy retreats, while a charming 832 square feet 2 Bedroom and 1 Bathroom house at the rear provides a serene escape from the urban bustle. Surrounded by Lincoln Heights's energy and easy access to the freeway, the property is ideally situated for both commercial and residential endeavors. With Low Month to Month Lease APT Units can be a promising investment opportunity with significant potential upside for future development and growth. Investors keen on tapping into the dynamic real estate landscape of Los Angeles will find this type of PROPERTY compelling, offering short and long-term value appreciation.
Location
State CA
County Los Angeles
Area 677 - Lincoln Hts
Zoning LAUV(CA)
Interior
Fireplace No
Laundry Outside
Exterior
Roof Type Flat,Shingle
Building
Lot Description Corner Lot, Level, Rectangular Lot, Street Level, Walkstreet
Story 2
Water Public
Others
Tax ID 5447025001
Acceptable Financing 1031 Exchange
Listing Terms 1031 Exchange
Special Listing Condition Standard
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Listed by Charles Lee • One Group Realty • 714-614-2426