New Pricing! We are pleased to present 2306 W. Slauson Avenue in Los Angeles, an ideal owner-user opportunity for storefront retail or showroom/warehouse use.The property is ideally located on a heavily trafficked corridor which sees over 30,000 cars passing by daily. The building benefits from rear alley access and gated, secured parking. Situated near the sought-after Crenshaw District and Leimert Park, the asset is also just 0.7 mile from the Home Depot anchored retail destination at Slauson and Western. With its two entrances on Slauson, the building could be divided into two separate retail spaces. The current tenant is on a month-to-month basis. Owner-users can obtain up to 90% Small Business Administration (SBA) financing.
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.
Commercial Office building a total of (5) separate offices. Very spacious offices (2) downstairs and (2) upstairs. Separate office in rear with kitchen and full bathroom. The front offices can be combined for use of one large office downstairs and one upstairs. Offices in the front have (2) bathrooms with one bathroom in each office that has a shower. Four Parking spaces in rear. With an LAC2 - R4 Zone the savvy developer can build a minimum of 14 units and up to 20 Residential Units with LA City Tier 3. Front offices (4) will be delivered vacant, the office in the rear is tenant occupied and may be delivered vacant at C.O.E.
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.
Unique investment opportunity for a 20 room motel! Repurpose the property for emergency shelter for the unhoused, convert the property for permanent supportive affordable housing, or redevelop the property to take advantage of the superior zoning or the new ED-1 incentives. The property is a closed motel with 20 rooms and a management office. The total building area is 4,757 Sq. Ft. on a 12,612 Sq. Ft. lot zoned LAC2. The property is located on the North West corner at the intersection of West 108th St. and Broadway near the 110 Freeway. The property is also accessible by an alley. Please note that the Motel is closed and completely fenced off. Do not walk on property, drive by only!
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.
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.
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.
Attention 1031 exchange funds and astute investors! An unparalleled investment opportunity awaits in the heart of Los Angeles at 198 S Commonwealth Ave, a well maintained building with pride of ownership, updates and upgrades which include, mini split HVAC in some units, updated units, stainless steel appliances. Presenting a prime commercial property in the thriving Wilshire Center district, where cultural diversity and urban vitality intersect. This strategically located asset offers tremendous potential for savvy investors seeking to maximize their 1031 exchange funds. Embrace the dynamic spirit of this bustling neighborhood, where a myriad of shops, eateries, and businesses flourish, ensuring a steady flow of foot traffic and consumer demand.Set your sights on the endless possibilities this property holds. With its proximity to renowned Korean barbecue restaurants, trendy cafes, and specialty stores, capitalize on the vibrant retail landscape that has made this district a sought-after destination for locals and visitors alike. Transportation convenience further enhances the investment appeal. Multiple bus lines and the Wilshire/Vermont Metro station offer seamless connectivity, facilitating easy access for patrons from across the city. This accessibility, coupled with the neighborhood's central location, ensures strong demand and long-term growth potential. 100% Occupied. Rent Control Rent Increase freeze is being lifted in February 2024 with a 4% allowable rental increase. All tenants are on month to month. Historically low to no vacancies. Pictures are from various units in the building from the recent past. SqFt of units is estimated. Drive by only! DO NOT disturb tenants.
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.
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.
Residential Vacant Lot Available in the city of Compton/Willowbrook. Located in Los Angeles County, boasting 4,445 sq ft. This lot is ready for any investor to build units and take advantage of the corner location with entrances on both Willowbrook & 124th St. Vacant lot to be sold As-Is Where-Is.
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.
One of a kind creative space in Frogtown. Perfectly situated as the last industrial building before the major residential section of Elysian Valley, this approx 4500 square foot space has for over 30 years been a place for art and art-making. With Pristine white surfaces and 15 foot ceilings, it was for over 20 years the home and studio of artist Frank Romero, a pioneer of the Los Angeles Chicano movement and pivotal member of the acclaimed art group Los Four. Presently used as a collector's private art gallery and home, it is centered around an immense 29 x 38 foot gallery with 15 foot ceilings, and includes 2 smaller galleries, large art storage area with loading dock, 3 room office/bedroom suite, a principal bedroomwith adjoining office, kitchen, and soaring domestic storage, 2 bathrooms, 2 mezzanine storage areas, a 3 truck garage facility with roll-up doors, and extensive camera security system. The property is zoned LACM Manufacturing (Light) and is 3 doors from the LA River with next street access to the famous L.A. Bikepath. The path provides a direct connection to the gentrified Frogtown delights of the new Loreto Restaurant, LA River Kayak Safari, La Colombe Coffee, and Wax Paper. Frogtown/Elysian Valley is the new LA hub of artists, architects, filmmakers, and high tech, and continues to develop as a much in demand location for commerce and living.
Vacant Duplex with large size building and lot. New constrution add large new balcony on 2nd floor, all new wireing and plumbing. Seller wants to sell togather with 1722 Crenshaw bl.
One story retail space on busy Atlantic Blvd. Property is in excellent condition and perfect for owner user or rental. Buyer to cooperate with Seller's 1031 Exchange.
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.
This free standing one story building approximately 2,000 sq. ft., 5 operatories, is digital and chartless. The prime well established motivated seller / General Dentist is retiring after 35 years of practice since 1988. The location was established in a busy retail area with daily walk-ins. The dentist currently works 3 days per week, referring out most Endodontics, Implants, Oral Surgery and Pedodontics. The Dentist does no advertisement, word of mouth and referrals only, working 3-4 days a week! This property is within walking distance to the Sofi Stadium, Fabulous Forum and the Intuit Clippers Dome Stadium. The Dental office, interior and exterior are turnkey with all supplies and Osha set up. Including 3 bathrooms, kitchen and break room. Additionally, it has all paperless Dexis X-rays and computers for Eaglesoft billing. Also, there is a security system, exterior automatic lights and sprinklers. This is a must see opportunity, the building is appraised at $1,000,000 and the practice is available. For further instructions: showings by appointment only, please do a drive by but do not disturb Dentist or Staff. Please call, text, or email listing broker with any questions or concerns.
4874-4876 Huntington Dr. is a unique opportunity to purchase two retail buildings on 2 separate APNs in the heart of El Sereno, just steps from the highly trafficked intersection of Eastern & Huntington Drive. There is parking behind the buildings which can be accessed via the public parking lot on Navarro St. Excellent owner-user or investment opportunity in a Northeast LA neighborhood seeing huge growth. The average home in El Sereno now sells for $809,060, up over 6% from last year. This is an area in need of good retail options. Directly across from Chase Bank and the US Post Office. 2,225 SF of Retail being held vacant for the new owner to occupy or lease out. Restaurant is an excellent tenant whose lease expires in Oct. 2024
