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PRICE $2,200,000 dsIDX morgage calculator
SIZE 9,200 sqft
LOT SIZE 5,006 sqft

MASSIVE UPSIDE with a proforma CAP of 7.44%. NOI is $223,200 and gross income is $372,000. Property has a new roof!! 15 studio rentals upstairs are vacant and need to stripped down to the studs. Five lower retail units are in average condition. Two are currently rented at $1,500/mo with month to month tenants that will vacate upon sale. All commercial units will be delivered vacant. Located a half mile East of the 710 freeway with great rental demand in the area. This would be a great Section 8 play or great for government sponsored tenants. Would also work for regular tenants as well (after reno). Great opportunity and this will NOT last

DAYS ON MARKET 277 LAST UPDATED 11/14/2023
YEAR BUILT 1923 COMMUNITY Not Defined
COUNTY Los Angeles STATUS Active
PROPERTY TYPE(S) Commercial

PRICE HISTORY
Prior to Nov 14, '23 $3,000,000
Nov 14, '23 - Today $2,200,000


ADDITIONAL DETAILS
AREA Not Defined
BUYER'S BROKERAGE COMPENSATION 2.500 %
LOT 5003 sq ft
LOT DESCRIPTION Street Level
STORIES 2
WATER Public
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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Listed with West Shores Realty, Inc.

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