Incredibly unique opportunity to own a piece of Los Angeles history in the Melrose Art District! Two beautifully reimagined classic brick storefronts are a sizeable 3,338 sq feet with large picture windows. The building currently houses the longest running vinyl record store in all of Los Angeles with over 500,000 recordings inside the retail space (also available for purchase). Internationally known for the vinyl and the famous clientele who it served for over five decades. Here's a chance to continue selling one-of-a-kind recordings in an established location. This location on the north side of Melrose Boulevard, beckons entrepreneurs and enthusiasts alive to make their mark on Melrose Avenue's storied landscape.
FOUR units delivered vacant at COE- right on the Edendale border of Silver Lake and Echo Park. This 5 unit opportunity is comprised of : FRONT BUILDING ( vacant at COE ) - 3/1 owners unit 2nd floor; 2 side x side 1/1 1st floor. Two additional stand-alone bungalows ( Title reflects 1/1 per) , both with formal dining room area with built ins and closet, potentially usable for 2nd bedroom or office- one leased for 2800/month ( March '24) , and the second currently VACANT.
Back on the Market! Prime location in Silver Lake area. Great visibility for restaurants, Bars, Bakeries, Coffee shops, etc. Free-standing building in corner lot. Ample parking. ABC license is included with the purchase price.
Approximately 12,000 sf building beautiful corner shopping center, perfect for owner user, with existing long term tenets. For sale $2,875,000 only. 50% below replacement cost.
Excellent investment opportunity located in the popular East LA neighborhood, close to Montebello. This gated fourplex consists of four spacious 2-bed/1-bath units, currently all occupied by tenants. The carport in the back offers safe & convenient off street parking. Property has great potential. There is easy access to freeways, and Downtown is only minutes away.
This presents the perfect opportunity to invest in a consistent 4-unit property, including 2 storefronts and 2 apartments, security gated custom rod iron, all generating steady cash flow with growth potential. Monthly Pro Forma Rent is $9,108 with a 5.34% Pro Forma Cap rate. Additionally, featuring 4 uncovered parking spaces and situated on a corner lot for Maple, this property offers convenience and accessibility. Located in a burgeoning area with USC and BMO Stadium nearby, the potential for growth is evident. Don't let this fantastic opportunity slip away from you.
An excellent chance awaits to invest in an 8-unit property comprising 2 storefronts and 6 apartments, each offering consistent cash flow and promising growth prospects. Additionally, the property features 5 parking spots - 4 uncovered and 1 covered. Situated close to White Memorial Hospital, USC Health Services, Dodger Stadium, and Chinatown, this property benefits from steady drive-by traffic for its storefront units. Seize this opportunity for immediate cash flow, as it's expected to be snapped up quickly. Monthly Pro Forma Rent $15,000, with a 7.97% Pro Forma Cap rate.
Are you geared up for an outstanding opportunity to acquire a 4-unit building that produces consistent cash flow, presenting promising avenues for expansion? Monthly Pro Forma Rent is $6,600 with a cap rate of 5.14%. Additionally, featuring 8 uncovered parking spaces in the back and additional parking across the street at the county library, it operates seamlessly like a finely tuned mechanism. Take swift action, as this opportunity is passing and will soon be gone.
Upside of this property is in its proximity to USC and the enormous upside in rents. Owners have owned this property since 1972. Additionally, The garages have all been vacated to make room for (2) ADU's. Rents below reflect increase as of April 2024. If you add $200,000 for the addition of the (2) ADU's, your actual CAP Rate with current rents plus ADU rent would be 6.66%
PRIME LOCATION:Situated in the sought-after Oakwood/Melrose Hill area of Los Angeles, with coveted corner lot access to Beverly Blvd. BUILDING AND LOT:Spans 7,990 SF across two lots totaling 15,262 SF, offering significant development potential. TENANT COMPOSITION:Currently housing 5 under-market month-to-month tenants, presenting an opportunity for immediate rental upside. IDEAL CONFIGURATION:Well-suited for owner use, particularly for medical or industrial purposes, with existing unit configurations. PARKING COMPLIANCE:Site complies with the 2/1,000 SF medical parking requirement, enhancing its appeal for medical or industrial tenants. RENTAL UPSIDE:Potential for increased rental income with current tenants on month-to-month leases. VERSATILE SPACES:Features approximately 2,540 SF of retail space and a 5,450 SF industrial component, easily divisible to accommodate various businesses. RARE PARKING AVAILABILITY:Offers high-level parking, a rarity in the area, enhancing accessibility for tenants and customers. ZONING AND DEVELOPMENT POTENTIAL:Zoned C2 Tier 3 with eligibility for ED1, providing significant development opportunities. ENTERPRISE ZONE AND OPPORTUNITY ZONE:Located in the State Enterprise Zone and designated as an Opportunity Zone, offering potential tax benefits. STRATEGIC LOCATION:Positioned between Vermont and Western, boasting over 230 feet of frontage on bustling Beverly Blvd. ACCESSIBILITY:Easy access to the 101 freeway, Metro B line, Vermont/ Beverly Metro stop, as well as nearby amenities such as restaurants, bars, schools, and cultural landmarks. This mixed-use retail industrial property presents an exceptional investment opportunity in a highly desirable location with immense potential for growth and development.
Trust Sale. Court confirmation MAY be required. If required, sale will be subject to overbidding in Court. Two adjoined commercial/office/mixed use buildings on Exposition Blvd./Venice Blvd., zoned HJ (EC). For sale after 46 years! In the heart of bustling Culver City and Palms/Mar Vista, next to Metro line. Building 1: 9190 & 9200 Exposition Blvd. (APN # 4313-021-036) is a 2 story bldg., built in 1932, with 8 recording studios on the 1st floor made in the last 5 years, without permits. The 2nd floor has a 2 bedroom apartment, and large open space for warehouse/storage/some offices. Potential to convert the 2nd floor to creative office spaces. Building 2: 9214 Exposition Blvd. (APN # 4313-021-035) is a single story building, built in 1922, with 7 sound studios and office space. Excellent income potential. Both buildings are currently vacant and will be delivered vacant at close of escrow. Environmental Phase I (completed July 2023), and Phase II (completed Oct. 2023), concluded no issues discovered and no further assessment is warranted. Both properties are to be sold together to one buyer. Minutes away from I-10, public transportation, shopping centers, restaurants, and recreation. Sold AS IS and WHERE IS. Seller will not be responsible for any repairs, inspection reports, termite work, and mandatory government retrofit requirements prior to close. Neither Seller nor Broker/Agents guarantee the accuracy of the square footage, lot size, permits or other information concerning the conditions or features of the Property. Buyer is advised to independently verify the accuracy of all information through personal inspections and with the appropriate professionals. Seller is an independent fiduciary and cannot make any representations as to the condition, history of the subject property. Buyer to conduct their own investigations, and assume all responsibilities.
Probate Sale. Subject to Court confirmation and overbidding in Court. 8-Unit mixed-use property located in a trendy district of West LA. Easy access to shopping, dining options, entertainment, and I-405. Minutes from Downtown Culver City and Venice Beach. Excellent opportunity for a savvy investor to acquire a prime westside location with significant value-add potential. For sale AFTER 58 years! Unit mix 5 x 2 bed 1 bath and 1 x 1 bed 1 bath residential units, plus 2 commercial units. One large 2 bedroom unit is vacant, and will be delivered vacant at COE. All units are separately metered for both gas and electricity. Mandatory Soft Story Retrofit has NOT been done and a Certificate of Substandard Building has been recorded by the City on the title on Feb. 05, 2019. Seller is a Court appointed fiduciary and cannot make any representations as to the condition, history of the subject property. Sold AS IS & Where IS, with current tenant(s) in place. Seller will not be responsible for any repairs, inspection reports, termite work, and mandatory government retrofit requirements prior to close. Buyer to conduct their own investigations.
Opportunity to own a Turn Key Authentic Izakaya Restaurant in the heart of Arts District in Los Angeles. Exudes vibrant tastes and flavors of Tokyo in your very own backyard. Crafted by the top restaurateurs in Tokyo, who collectively own over 200 esteemed restaurants, TABERU brings you a menu inspired by the bustling streets of Japan's capital city. Conveniently located next to Kreation on Traction Avenue, TABERU offers patio dining for al fresco enjoyment and valet parking for added convenience for patrons. Don't miss this opportunity to provide a once in a lifetime experience to the vibrant community of Los Angeles. Over $700,000 in Tenant Improvements less than 1 1/2 years old. Favorable Long Lease Term with options to extend.
This property is being sold in conjunction with the address at 708 E. 79th Street, Los Angeles, CA 90001. The total list price ($490k) includes both addresses (706 & 708). The combined square footage for both lots is roughly 5200 sq ft. Properties will not be sold individually. The building at 706 E. 79th Street is currently occupied by a tenant. DO NOT DISTURB TENANT(S). Interior walkthroughs/showings are subject to offer acceptance.
The current business is a well - appointed day program. The environment is a classroom setting which is beautifully painted and decorated. This building has a multitude of uses.
This property consists of two parcels, next to each other. Both parcels sold in one sale. Parcel 6069-012-006 includes two buildings at 1786 E. 110th St, units 1-4 (1 bedroom each), and two detached houses at 11008 and 11010 (2 bedroms each). Lot size is 14,019. Parcel 6069-012-007 includes two detached houses at 11012 and 11014 (1 bedroom in front and 2 bedroom in rear). Lot size is 5,131.12. These two parcels include a sizeable amount of land for renovation or new build, and there is lots of potential. There was a Los Angeles Code Enforcement inspection a few months ago and all passed the inspection by ensuring all health and safety issues are up to code. There was a substantial amount of expenses for repairs as required for the City, which increased the expenses for these properties in 2023. Most of the tenants are long term and have lived at the property for over 15-20 years. There was a 4% rent increase as authorized by City of Los Angeles effective March 2024.
FABULOUS OPPORTUNITY TO OWN AN APPROXIMATELY 3300 SQUARE FOOT BUILDING WITH A ADJACENT LOT WHICH COULD BE FOR PARKING ON A DOUBLE 7300 SQUARE FOOT LOT THAT IS BEVERLY HILLS ADJACENT. ZONED QC1 WITH TOC2 ADVANTAGE AND HAS MANY ALLOWABLE USES... PRESENTLY BEING USED AS AN ART SCHOOLBUT THIS PROPERTY HAS A RECEIPTION AREA AND SIX OFFICES. THE PROPERTY HAS MANY USES SUCH AS POSSIBLE MEDICAL, OFFICE, SCHOOL FASHION OR ART GALLARY OR LAW FIRMS AND GREAT PARKING OFF THE ALLEY. THERE MAY BE ADVANTAGES UNDER AB 2097 FOR PARKING EXEMPTIONS FOR MEDICAL OR OTHER BUSINESSES. CAN BE DELIVERED VACANT AT COE
Property used/zoned as 3 residential units, with a storefront. Most recent use was a Church. Can be easily converted back to 3 units for residential rental income. Best use can be store/Business front. with residental units. The property is a probate but does not require Court confirmation. Property has some newer electrical.
Commercial/Residential Mix Property at the corner of Pico and Hobart Blvd. Two-story building, 2 spaces of retail store on the 1F, Three units of 2 bed+ 2 bath apartment on the 2F. This is the first time in the market in 23 years. Steady tenant and good monthly income.
This is a mixed use property combining residential and commercial units. This used to be a 4 unit building but it was converted into 5 units by making one of the bottom units into 2 units. It sits on a corner lot and very centrally located. This can be an income producing property for the next owner for many years to come.
MUTOOF is pleased to present 800 N Hobart Blvd, Los Angeles, CA 90029. Duplex on over 7,280 SF lot in the heart of Melrose Hill. Huge value-add opportunity 79% upside in rents. Upside redevelopment potential TOC (Transit Oriented Communities) Tier 2 location that allows increased residential density (RD1.5-1XL zoning). Newly updated interior. 2.94 kW roof mounted photovoltaic solar system on both the main house and back unit which efficiently reduces electricity bills. Sub-metered. Walk Score of 90 (Walkers Paradise). Excellent location near the major transit stops, highways (US-101 & SR-2) and shopping centers. Just two miles west of Hollywood, and five miles east of Downtown L.A. The subject property consists of total two (2) units totaling 2,142 SF on a sizable 7,281 SF lot. Mix of total one (1) 3beds/2baths unit and one (1) 1bed/1bath unit. The duplex property to be sold "as-is" with the tenants remaining in possession but can be delivered vacant. DO NOT DISTURB TENANTS. Please submit an offer with POF. Shown upon accepted offer. Buyer is encouraged to independently verify the accuracy of any information through inspection(s), due diligence, and professionals. Broker and Agent do not guarantee the accuracy of any information concerning the size, condition, financials, or features of said property. Buyer to conduct their own due diligence and investigation of the property. Buyer and Buyer's agent to verify all information regarding the property to their full and complete satisfaction.
Rare opportunity to own great value of commercial property. Ideal for Medical office, clinic, retail shop, Architect office, general office use. Property is zoned C2. Excellent opportunity to develop, invest this parcel or run the business in a desired and bustling area of 3rd St., right off Alvarado Blvd. Total building area is approx. 3,540 sqft and Lot size is approx. 6496 sqft (approx.1500 sf of basement with 9 FT high ceiling which is not included in total sqft) .Within a block from St. Vincent Medical Center. 2 UNITS in the building with 7 parking spaces. Corner lot with a traffic light. The property will be delivered vacant. ***EXCELLENT FLOW OF TRAFFIC AREA & EXTEA APPROX.1500SF BASEMENT SPACE
