IRN Realty is proud to exclusively showcase for sale this 6-unit mixed-use retail and apartment complex in the heart of East Los Angeles. The property is comprised of a 4-unit street retail building with a detached 2-story duplex. The total building square footage is 6,746 SF and it resides on a 9,600 square foot lot. The mixed-use asset has two separate buildings in tandem, approximately 5,030 SF of 4 unit street retail in the front and a 2-story 1,716 SF residential building located in the back. The property is zoned as C2, subject to the Citys Rent Stabilization Ordinance (RSO) and is neither located in an Opportunity Zone nor a HUBZone. In 2012, a building permit was issued for the building addition of the first floor apartment structure at 2639 Whittier Blvd. (Buyer to Verify). The official address of the subject property is 2631 2639 Whittier Blvd, Los Angeles, CA 90023. Immersed in the rich culture of Los Angeles, this mixed-use asset was originally built in 1947. The building has served the Boyle Heights District for many decades and has a traffic count of approximately 30,000 people per day. It is in close proximity to the major freeways including the I-5, US-101, CA-60 and I-10. Current tenants offer a nice assortment of services including: restaurant, bar cafe, church and uniform manufacturing. Some tenants currently exercise a month-to-month tenancy while other tenants possess signed lease agreements ranging from 1 to 2 years. 2635 Whittier Blvd. is a great opportunity for investors and owner-users alike. On the investment side, there is immense upside to create additional rental value as the district of Boyle Heights is home to many flourishing businesses that service the local community. For owner-users, there is equal opportunity to personalize the building to ones individual business while building long-term equity and supplementing income with neighboring enterprises.
Fantastic "Live/Work Loft" in the heart of Larchmont Village designed by prominent architect & interior designer Jim Magni. Chic, loft-style architecture (commercial C2 zoning) features an ideal floor plan w/soaring volumes of space & abundant natural light. Lower level: tandem garage w/direct access (one space currently an office) & foyer. Mid-level: dramatic living room, large dining area, generous open kitchen w/premium appliances & full bath. Top level incorporates primary ensuite w/luxurious, skylit bath & sitting room w/view balcony (convertible to second bedroom). Layout offers multiple areas for home or work use. Welcome to a private, discrete, move-in condition townhome, in the geographic center of LA. Moments away from vibrant Larchmont, cultural venues, entertainment studios & freeways. A rare gem indeed!
Six Figure Producing Business for Sale! In Prime location of City Terrace minutes from major freeways and DTLA. All Equipment, Contracts, licenses (Beer and Wine / Tabacco), Merchandise to be included in sale. Recently remodeled and upgraded cooling system for all product. Newly installed security protective glass and security door. Business is generating $40,000 a month and still climbing for added potential. Rent is $2,000 a month with a 10 year contract. This is an amazing opportunity for any owner operator who wants to generate a 5 figure salary.
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
We are pleased to present this two-story mixed-use retail and office building located on the prime signalized corner of S. Robertson Blvd and Olin Street in a Beverly Hills/Beverlywood adjacent neighborhood, just blocks from the 10 East and 10 West Freeway exists and Hamilton High School. The subject site is a 3,230 square foot two-story building, featuring +/- 1,615 square feet of high-profile retail on the ground floor, and, +/- 1,615 of turn-key office space. The ground-floor retail has excellent exposure to both north and south traffic and is attractive to this corridor's many other food, entertainment, and shopping uses. The second floor is excellent for a law firm or other professional services companies. This building presents an owner-user with high visibility signage and branding opportunity; not just to all who enter and exit the 10 Freeway, but to all of the multi-million-dollar home owners in the immediate surrounding neighborhoods. The second floor office space is beautifully built-out and features a lobby, reception area, six private offices (two of them large, facing Robertson Blvd), an outdoor terrace, storage room, bathroom with shower, kitchen, and a conference room. The building will be delivered fully vacant. The 2,126 square foot lot is zoned C4 and can accommodate 1-2 cars for parking. Ideal building for either an owner-user or an investor. Great signage opportunity for company identity with a traffic count of approximately 60,000 cars per day. Great freeway access for employees and staff traveling from any part of the City. Enjoy multiple amenities on Robertson Blvd including food, retail shopping, coffee shops and juice bars all mixed with standard office uses.
This business condo is located at the corner of Crocker Street and 9th Street, so it is a commercial building that can create a variety of businesses through multi-purpose use such as retail, showroom, warehouse, and office. It is also a section 3 area that can be used as a living space.Of course, you can also get a city permit. Because it is located in the downtown area, it has excellent accessibility to the surrounding area with all infrastructure. and Property Highlights Showroom .Creative Office Space . Ground Floor Retail Frontage with mezzanine . Prime Downtown Los Angeles Fashion District Location . Elevator Serviced Rooftop Parking .Walking distance to the City Market project and San Pedro Wholesale Mart . Within the Enterprise Zone.It is located approximately 5 to 10 minutes away. The #5 unit is 1,640 sf and is built with 2nd floors and a mezzanine. It can be expanded to 3,190 sf by purchasing unit #6 1,550 sf in the building next to the 2-unit together. Buyer can use a wider space. We will help you purchase it at a cheaper price.This great business condo is once again for sale at a very reasonable price. We also help you make purchases easily using SBA loans and commercial personal loans. Invest in an affordable business condo that is an investment with a solid future.It will be a landmark that sets a new milestone for the 921 Crocker Street Business Condominium in the Fashion District.This is a cant-miss investment opportunity for both investors and owner-users that wish to do business in one of the busiest and most profitable districts in Los Angeles. Remember !!! The LA Downtown Fashion District continues to grow 24 hours a day , 365 days a year, according to the DTLA 2040 Plan.
This business condo is located at the corner of Crocker Street and 9th Street, so it is a commercial building that can create a variety of businesses through multi-purpose use such as retail, showroom, warehouse, and office. It is also a section 3 area that can be used as a living space.Of course, you can also get a city permit. Because it is located in the downtown area, it has excellent accessibility to the surrounding area with all infrastructure. and Property Highlights Showroom .Creative Office Space . Ground Floor Retail Frontage with mezzanine . Prime Downtown Los Angeles Fashion District Location . Elevator Serviced Rooftop Parking .Walking distance to the City Market project and San Pedro Wholesale Mart . Within the Enterprise Zone.It is located approximately 5 to 10 minutes away. The #5 unit is 1,640 sf and is built with 2nd floors and a mezzanine. It can be expanded to 3,190 sf by purchasing unit #6 1,550 sf in the building next to the 2-unit together. Buyer can use a wider space. We will help you purchase it at a cheaper price.This great business condo is once again for sale at a very reasonable price. We also help you make purchases easily using SBA loans and commercial personal loans. Invest in an affordable business condo that is an investment with a solid future.It will be a landmark that sets a new milestone for the 921 Crocker Street Business Condominium in the Fashion District.This is a cant-miss investment opportunity for both investors and owner-users that wish to do business in one of the busiest and most profitable districts in Los Angeles. Remember !!! The LA Downtown Fashion District continues to grow 24 hours a day , 365 days a year, according to the DTLA 2040 Plan.
This business condo is located at the corner of Crocker Street and 9th Street, so it is a commercial building that can create a variety of businesses through multi-purpose use such as retail, showroom, warehouse, and office. It is also a section 3 area that can be used as a living space.Of course, you can also get a city permit. Because it is located in the downtown area, it has excellent accessibility to the surrounding area with all infrastructure. and Property Highlights Showroom .Creative Office Space . Ground Floor Retail Frontage with mezzanine . Prime Downtown Los Angeles Fashion District Location . Elevator Serviced Rooftop Parking .Walking distance to the City Market project and San Pedro Wholesale Mart . Within the Enterprise Zone.It is located approximately 5 to 10 minutes away. The #5 unit is 1,640 sf and is built with 2nd floors and a mezzanine. It can be expanded to 3,190 sf by purchasing unit #6 1,550 sf in the building next to the 2-unit together. Buyer can use a wider space. We will help you purchase it at a cheaper price.This great business condo is once again for sale at a very reasonable price. We also help you make purchases easily using SBA loans and commercial personal loans. Invest in an affordable business condo that is an investment with a solid future.It will be a landmark that sets a new milestone for the 921 Crocker Street Business Condominium in the Fashion District.This is a cant-miss investment opportunity for both investors and owner-users that wish to do business in one of the busiest and most profitable districts in Los Angeles.Remember !!! The LA Downtown Fashion District continues to grow 24 hours a day , 365 days a year, according to the DTLA 2040 Plan.
This business condo is located at the corner of Crocker Street and 9th Street, so it is a commercial building that can create a variety of businesses through multi-purpose use such as retail, showroom, warehouse, and office. It is also a section 3 area that can be used as a living space.Of course, you can also get a city permit. Because it is located in the downtown area, it has excellent accessibility to the surrounding area with all infrastructure. and Property Highlights Showroom .Creative Office Space . Ground Floor Retail Frontage with mezzanine . Prime Downtown Los Angeles Fashion District Location . Elevator Serviced Rooftop Parking .Walking distance to the City Market project and San Pedro Wholesale Mart . Within the Enterprise Zone.It is located approximately 5 to 10 minutes away. The #5 unit is 1,640 sf and is built with 2nd floors and a mezzanine. It can be expanded to 3,190 sf by purchasing unit #6 1,550 sf in the building next to the 2-unit together. Buyer can use a wider space. We will help you purchase it at a cheaper price.This great business condo is once again for sale at a very reasonable price. We also help you make purchases easily using SBA loans and commercial personal loans. Invest in an affordable business condo that is an investment with a solid future.It will be a landmark that sets a new milestone for the 921 Crocker Street Business Condominium in the Fashion District.This is a cant-miss investment opportunity for both investors and owner-users that wish to do business in one of the busiest and most profitable districts in Los Angeles. Remember !!! LA Downtown Fashion District continues to grow 24 hours a day , 365 days a year, according to the DTLA 2040 Plan.
This business condo is located at the corner of Crocker Street and 9th Street, so it is a commercial building that can create a variety of businesses through multi-purpose use such as retail, showroom, warehouse, and office. It is also a section 3 area that can be used as a living space. Of course, you can also get a city permit. Because it is located in the downtown area, it has excellent accessibility to the surrounding area with all infrastructure. and Property Highlights Showroom .Creative Office Space . Ground Floor Retail Frontage with mezzanine . Prime Downtown Los Angeles Fashion District Location . Elevator Serviced Rooftop Parking .Walking distance to the City Market project and San Pedro Wholesale Mart . Within the Enterprise Zone. It is located approximately 5 to 10 minutes away. This great business condo is once again for sale at a very reasonable price. We also help you make purchases easily using SBA loans and commercial personal loans. Invest in an affordable business condo that is an investment with a solid future. It will be a landmark that sets a new milestone for the 921 Crocker Street Business Condominium in the Fashion District.This is a cant-miss investment opportunity for both investors and owner-users that wish to do business in one of the busiest and most profitable districts in Los Angeles. Don't forget !!The proposed Adaptive Reuse Ordinance will expand the existing incentives to encourageconverting underutilized buildings into new housing. Remember !!! LA Downtown Fashion District continues to grow 24 hours a day , 365 days a year, according to the DTLA 2040 Plan.
This business condo is located at the corner of Crocker Street and 9th Street, so it is a commercial building that can create a variety of businesses through multi-purpose use such as retail, showroom, warehouse, and office. It is also a section 3 area that can be used as a living space.Of course, you can also get a city permit. Because it is located in the downtown area, it has excellent accessibility to the surrounding area with all infrastructure. and Property Highlights Showroom .Creative Office Space . Ground Floor Retail Frontage with mezzanine . Prime Downtown Los Angeles Fashion District Location . Elevator Serviced Rooftop Parking .Walking distance to the City Market project and San Pedro Wholesale Mart . Within the Enterprise Zone.It is located approximately 5 to 10 minutes away. The #11 unit is 1,050 sf and is built with a mezzanine. It can be expanded to 2,260 sf by purchasing unit #12 1,210 sf in the building next to the 2-unit together. Buyer can use a wider space. We will help you purchase it at a cheaper price.This great business condo is once again for sale at a very reasonable price. We also help you make purchases easily using SBA loans and commercial personal loans. Invest in an affordable business condo that is an investment with a solid future.It will be a landmark that sets a new milestone for the 921 Crocker Street Business Condominium in the Fashion District.This is a cant-miss investment opportunity for both investors and owner-users that wish to do business in one of the busiest and most profitable districts in Los Angeles. Remember !!! LA Downtown Fashion District continues to grow 24 hours a day , 365 days a year, according to the DTLA 2040 Plan.
This business condo is located at the corner of Crocker Street and 9th Street, so it is a commercial building that can create a variety of businesses through multi-purpose use such as retail, showroom, warehouse, and office. It is also a section 3 area that can be used as a living space.Of course, you can also get a city permit. Because it is located in the downtown area, it has excellent accessibility to the surrounding area with all infrastructure. and Property Highlights Showroom .Creative Office Space . Ground Floor Retail Frontage with mezzanine . Prime Downtown Los Angeles Fashion District Location . Elevator Serviced Rooftop Parking .Walking distance to the City Market project and San Pedro Wholesale Mart . Within the Enterprise Zone.It is located approximately 5 to 10 minutes away. The #5 unit is 1,640 sf and is built with 2nd floors and a mezzanine. It can be expanded to 3,190 sf by purchasing unit #6 1,550 sf in the building next to the 2-unit together. Buyer can use a wider space. We will help you purchase it at a cheaper price.This great business condo is once again for sale at a very reasonable price. We also help you make purchases easily using SBA loans and commercial personal loans. Invest in an affordable business condo that is an investment with a solid future.It will be a landmark that sets a new milestone for the 921 Crocker Street Business Condominium in the Fashion District.This is a cant-miss investment opportunity for both investors and owner-users that wish to do business in one of the busiest and most profitable districts in Los Angeles. Remember !!! LA Downtown Fashion District continues to grow 24 hours a day , 365 days a year, according to the DTLA 2040 Plan.
Seize the opportunity to own a prime piece of real estate with this expansive 8,000 square foot freestanding industrial building situated on the bustling Broadway corridor in the vibrant City of Los Angeles. This property offers an impressive street presence in a highly sought-after area known for its dynamic business environment. The building boasts versatile space that is ideal for various industrial uses or could be reimagined for a new business venture. With a generous lot size, ample workspace, and easy access to major Los Angeles thoroughfares, this property is a valuable asset for any investor or business owner looking to make a mark in the heart of one of the world's most influential cities.
This business condo is located at the corner of Crocker Street and 9th Street, so it is a commercial building that can create a variety of businesses through multi-purpose use such as retail, showroom, warehouse, and office. It is also a section 3 area that can be used as a living space.Of course, you can also get a city permit. Because it is located in the downtown area, it has excellent accessibility to the surrounding area with all infrastructure. and Property Highlights Showroom .Creative Office Space . Ground Floor Retail Frontage with mezzanine . Prime Downtown Los Angeles Fashion District Location . Elevator Serviced Rooftop Parking .Walking distance to the City Market project and San Pedro Wholesale Mart . Within the Enterprise Zone.It is located approximately 5 to 10 minutes away. The #5 unit is 1,640 sf and is built with 2nd floors and a mezzanine. It can be expanded to 3,190 sf by purchasing unit #6 1,550 sf in the building next to the 2-unit together. Buyer can use a wider space. We will help you purchase it at a cheaper price.This great business condo is once again for sale at a very reasonable price. We also help you make purchases easily using SBA loans and commercial personal loans. Invest in an affordable business condo that is an investment with a solid future.It will be a landmark that sets a new milestone for the 921 Crocker Street Business Condominium in the Fashion District.This is a cant-miss investment opportunity for both investors and owner-users that wish to do business in one of the busiest and most profitable districts in Los Angeles. Remember !!! LA Downtown Fashion District continues to grow 24 hours a day , 365 days a year, according to the DTLA 2040 Plan.
This business condo is located at the corner of Crocker Street and 9th Street, so it is a commercial building that can create a variety of businesses through multi-purpose use such as retail, showroom, warehouse, and office. It is also a section 3 area that can be used as a living space.Of course, you can also get a city permit. Because it is located in the downtown area, it has excellent accessibility to the surrounding area with all infrastructure. and Property Highlights Showroom .Creative Office Space . Ground Floor Retail Frontage with mezzanine . Prime Downtown Los Angeles Fashion District Location . Elevator Serviced Rooftop Parking .Walking distance to the City Market project and San Pedro Wholesale Mart . Within the Enterprise Zone.It is located approximately 5 to 10 minutes away. The #5 unit is 1,640 sf and is built with 2nd floors and a mezzanine. It can be expanded to 3,190 sf by purchasing unit #6 1,550 sf in the building next to the 2-unit together. Buyer can use a wider space. We will help you purchase it at a cheaper price.This great business condo is once again for sale at a very reasonable price. We also help you make purchases easily using SBA loans and commercial personal loans. Invest in an affordable business condo that is an investment with a solid future.It will be a landmark that sets a new milestone for the 921 Crocker Street Business Condominium in the Fashion District.This is a cant-miss investment opportunity for both investors and owner-users that wish to do business in one of the busiest and most profitable districts in Los Angeles. Remember !!! LA Downtown Fashion District continues to grow 24 hours a day , 365 days a year, according to the DTLA 2040 Plan.
This business condo is located at the corner of Crocker Street and 9th Street, so it is a commercial building that can create a variety of businesses through multi-purpose use such as retail, showroom, warehouse, and office. It is also a section 3 area that can be used as a living space.Of course, you can also get a city permit. Because it is located in the downtown area, it has excellent accessibility to the surrounding area with all infrastructure. and Property Highlights Showroom .Creative Office Space . Ground Floor Retail Frontage with mezzanine . Prime Downtown Los Angeles Fashion District Location . Elevator Serviced Rooftop Parking .Walking distance to the City Market project and San Pedro Wholesale Mart . Within the Enterprise Zone.It is located approximately 5 to 10 minutes away. The #5 unit is 1,640 sf and is built with 2nd floors and a mezzanine. It can be expanded to 3,190 sf by purchasing unit #6 1,550 sf in the building next to the 2-unit together. Buyer can use a wider space. We will help you purchase it at a cheaper price.This great business condo is once again for sale at a very reasonable price. We also help you make purchases easily using SBA loans and commercial personal loans. Invest in an affordable business condo that is an investment with a solid future.It will be a landmark that sets a new milestone for the 921 Crocker Street Business Condominium in the Fashion District.This is a cant-miss investment opportunity for both investors and owner-users that wish to do business in one of the busiest and most profitable districts in Los Angeles. Remember !!! LA Downtown Fashion District continues to grow 24 hours a day , 365 days a year, according to the DTLA 2040 Plan.
Extremely Versatile Office Building with Studio Apartment and Approved Plans LOCATION LOCATION LOCATION Exceptionally Unique Office Building with Optional Approved Plans for Future Development! Ideally located in an extremely-sought after area just moments from I-10, this approximately 1,914sqft building and 2,730sfqt lot affords excellent visibility with a high traffic count of roughly 100,000 vehicles. Can paint logo or branding on side of the building. (Venice Blvd and La Cienega Blvd- 2-mile radius). Perfect for an investor and/or owner occupant, the two-story building includes approximately 910sqft of office space on each floor, as well as an attached studio apartment. Before exploring the interior, venture to the rear of the building to find a gated parking lot with plenty of paved spaces for both employee parking and personal use. Offering a welcoming aesthetic, the property delights with a desirable corner lot, convenient sidewalks, a classic stucco exterior, and an inviting front door. Step inside to discover a main-level with an openly flowing layout, ample light, neutral paint hues, and a half bath. Head upstairs to review the second-floor with tons of natural light and a sprawling area for communal workspace. Nestled in the back of the building, the studio apartment presents a unique opportunity for an owner occupant to enjoy excellent work/life balance. Ready for new imagination and upgrades, the studio apartment features an open concept kitchen, sizeable living/bedroom area, track lighting, and a full bathroom with a shower. For those seeking a modern edge and uber-chic vibes, the new approved plans ensure fresh possibilities with three floors of cutting-edge office space, employee lounges, and an uncovered rooftop deck. Boasting covered parking for 3+ vehicles, the first-floor has three offices, a gender-neutral bathroom, and a storage closet. The second-floor impresses with five offices, a covered patio, two gender neutral bathrooms, server area, two closets, and a mechanical room. Finally, the third floor dazzles with two offices, supply closet, employee lounge, and an uncovered deck. As a bonus this property is only minutes from restaurants, shopping, cafes, LAX, Union Station Commuter Rail, and Sony Pictures Studios. Get all the advantages of this rarely-available property, and start living your entrepreneurial dreams today. Call now to schedule your private showing!Can be delivered Vacant.Broker & broker's agents do not guarantee accuracy square footage or other information concerning conditions or features of the property. Buyer is advised to independently verify accuracy of all info through personal inspection & with appropriate
6 OF 10 LEGAL UNITS ARE VACANT, 1 NON-CONFORMING UNIT VACANT. Constructed in 1953, 3280 Provon Lane is comprised of one two-bedroom unit, nine spacious one-bedroom units, and one non-conforming one-bedroom unit. Among the 10 legal units, several boast upgraded kitchens, showcasing custom oak cabinets, granite countertops, laminate vinyl plank flooring, and recess lighting. Presently, six of the ten sit unoccupied, with four of these vacancies yet to undergo renovation. ELEVENTH NON-CONFOMRING UNIT HAS BEEN IN OPERATION FOR DECADES AND IS CURRENTLY VACANT. PRIME CANDIDATE FOR CONVERTING INTO AN ADU.
Discover this real estate opportunity just 4 minutes away from the iconic Sofi Stadium! This office building boasts two spacious office spaces, 1.5baths, and kitchen, providing the ideal mixed-use setting for your living/business endeavors. With the convenience of private parking for up to 4vehicles, your clients and employees will enjoy easy access. The expansive lot offers many possibilities, allowing you to tailor the space to yourneeds. Seize the chance to own a property with outstanding potential!
In business for over 35 years and an expansive clientele, this rare investment opportunity presents a thriving mechanic shop strategically located on Broadway, near Manchester. Boasting a coveted position in a high-traffic area, this property offers significant potential for both investors and owner-users alike. An 878 square foot building situated on an expansive 8,507 square foot lot. Currently operated as a successful owner-user auto shop, generating a monthly gross revenue of $20,000 to $25,000. Well-established within the neighborhood with a loyal clientele base. Additional income streams from three included tenants, enhancing the property's cash flow potential. The owner does not intend to continue as a tenant post-sale, providing a seamless transition for a new owner. Property can be delivered vacant or sold in its current condition, offering an opportunity for investors to customize and enhance according to their vision. Prime location ensures enduring value and continued demand in the local market. Don't miss the chance to secure this lucrative investment or owner-user opportunity in one of the most sought-after auto corners. Whether you're an investor seeking reliable income or an entrepreneur looking to establish or expand your business, this property promises exceptional potential and enduring value. Per city, a 20 unit apartment building can be developed. Buyer to verify.
*****NOTE!! PROPERTY TO BE SOLD TOGETHER WITH 2200 WELLESEY (NEXT DOOR), TOTAL PRICE FOR BOTH $5,400,000.00.***** BTRE is pleased to present a prime development opportunity in rapidly changing Olympic/Bundy area, literally right across from the Metro Line, a stone's throw from retail (Trader Joes, Gelsons), entertainment (Bars, restaurants, coffee shops, in re-vitalized Pico/Bundy area, as well as large Westedge mixed-use upscale apartment/retail development) and quite nearby to employment centers (Fox 11; Riot Studios; USC Medical) 2200 Wellesely and 12222 Exposition are 2 contiguous lots, which both benefit from the highly coveted LAR3 TOC Tier 4 Zoning. A recent feasibility study on the property shows a current POTENTIAL OF UP TO 96 UNITS ON THE PROPERTY - based on the new ED1 program, a product of a recent (December 2022) executive order from the City of LA, designed to encourage affordable housing.[Other potential unit mixes are available, but highest/best use is ED-1 by far, see feasibility study in documents folder for full report*]There are homes on both lots, and there are tenants in the homes. Do not disturb tenants; drive by only/contact agent for any further viewing. Property can be delivered vacant. *: Feasibility study obtained by Seller's agent from third party. Seller, Sellers Brokers, Sellers Agents, make no warranties as to the correctness of said information. Buyer to do own due diligence. Buyer's to do own due diligence.
****NOTE!! TO BE SOLD TOGETHER WITH HOUSE NEXT DOOR [CONTIGUOUS LOT] AT 12222 EXPOSITION, TOTAL PRICE FOR BOTH, $5,400,000.00**** BTRE is pleased to present a prime development opportunity in rapidly changing Olympic/Bundy area, literally right across from the Metro Line, a stone's throw from retail (Trader Joes, Gelsons), entertainment (Bars, restaurants, coffee shops, in re-vitalized Pico/Bundy area, as well as large Westedge mixed-use upscale apartment/retail development) and quite nearby to employment centers (Fox 11; Riot Studios; USC Medical) Offering is two Contiguous Lots, 9416 Square Ft total. A recent feasibility study on the property shows a current POTENTIAL OF UP TO 96 UNITS ON THE PROPERTY - based on the new ED1 program, a product of a recent (December 2022) executive order from the City of LA, designed to encourage affordable housing.[Other potential unit mixes are available, but highest/best use is ED-1 by far, see feasibility study in documents folder for full report*]There are homes on both lots, and there are tenants in the homes. Do not disturb tenants; drive by only/contact agent for any further viewing. *: Feasibility study obtained by Seller's agent from third party. Seller, Sellers Brokers, Sellers Agents, make no warranties as to the correctness of said information. Buyer to do own due diligence.
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!
Welcome to a rare gem nestled in the historic heart of Boyle Heights, Los Angeles. This mixed-use property offers a unique investment opportunity at the vibrant intersection of 1st Street and Breed Street, directly accessible from the Soto Station's Gold Line. Linking Boyle Heights to iconic neighborhoods like Arts District, Chinatown, Highland Park, and Pasadena, this location boasts unparalleled connectivity and accessibility.Comprising three retail spacesa market, a beauty salon, and a charming eateryalongside four cozy apartments, each featuring 1 bedroom and 1 bathroom, this property spans 6,840 square feet. Positioned on a generous 6,536 square feet corner lot, zoned LAC2, the potential for development or enhancement is immense. Boyle Heights is experiencing a resurgence, fueled by its strategic position bridging Los Angeles's Eastside and Downtown areas. The existing four-plex and trio of commercial storefronts generate steady income, presenting a solid foundation for future upgrades or construction projects. Investigate the details and permits in tandem with the Boyle Heights Community Plan, designed to foster growth and diversity around transit hubs, supporting local businesses and enhancing public spaces. This is not merely an investment opportunity; it's a chance to become part of Boyle Heights' rich tapestry, steeped in residential charm and cultural significance. Family-owned for generations, this property carries with it a legacy of community stewardship and potential for transformation. Whether you seek to invest, occupy, or embark on a mixed-use development journey, this is your invitation to join the heartbeat of one of Los Angeles's most notable neighborhoods.