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We are thrilled to present an excellent investment opportunity that includes 3 mixed-use units combining residential and commercial potential. This property covers 1,424 square feet on a C2 Lot (TOC-3) in the vibrant Vermont Corridor. It consists of 2 residential units and 1 commercial space, with RTI plans in place to convert the garage into an ADU. The current vacancies offer immediate potential for increased rental income, making it attractive to savvy investors looking to capitalize on the active local market. Additionally, with two tenants on month-to-month leases, there is significant flexibility for future development or reorganization. Situated near public transportation, major highways, shopping centers, and educational institutions, this property is well-positioned for substantial value growth and will enhance its lively neighborhood.
Last Updated | 8/13/2024 | Year Built | 1940 |
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Community | Los Angeles Southwest | County | Los Angeles |
Additional Details
AREA | Los Angeles Southwest |
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HEAT | Wall Furnace |
LOT | 2502 sq ft |
STORIES | 1 |
ZONING | LAC2 |
Location
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