$625,000
$675,000
7.4%For more information regarding the value of a property, please contact us for a free consultation.
2 Beds
1 Bath
1,787 SqFt
SOLD DATE : 11/15/2024
Key Details
Sold Price $625,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 1,787 sqft
Price per Sqft $349
MLS Listing ID 23-299995
Sold Date 11/15/24
Style Other
Bedrooms 2
Construction Status Repair Cosmetic
Year Built 1962
Lot Size 6,501 Sqft
Acres 0.1492
Property Description
PRICE REDUCTION! Great opportunity for owner/user! Mixed use property with two commercial retail units in front and a Single Family Residence towards the back of the property. Tenants are currently month to month. The recently remodeled barber shop is leased for $950/mo. The Single Family Residence is leased for $1,250/mo and is in need of cosmetic repairs but has the potential for an ADU. The restaurant is currently vacant and has been recently remodeled with all new restaurant equipment for a takeout style food service operation. The new owner could operate his fast food business from the facility or lease it turnkey to a restaurant owner. Per ZIMAS the lot is Tier 3 TOC which gives the property development potential for the future as the property is in close proximity to the necessary Transit resources enabling greater density if developing affordable residential housing. Seller may be willing to carry financing. Motivated Seller! **Buyer to do own investigation. Owner and Broker do NOT make any warranties or representations regarding the Property.**
Location
State CA
County Los Angeles
Area Metropolitan South
Zoning LAC2
Rooms
Other Rooms Other
Interior
Heating Wall
Cooling Wall/Window
Fireplaces Type None
Equipment None
Exterior
Garage Driveway, Carport
Garage Spaces 1.0
Pool None
Amenities Available None
Waterfront Description None
View Y/N No
View None
Roof Type Tar and Gravel
Building
Lot Description Fenced
Story 1
Architectural Style Other
Level or Stories Ground Level
Structure Type Stucco
Construction Status Repair Cosmetic
Others
Special Listing Condition Standard
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The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2024 The MLSTM/CLAW. All Rights Reserved.
The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.
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