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Rare opportunity to purchase 4-unit Mix-use property. The 2 story building is configured into 2-commercial spaces on ground floor level, a 5 bedroom 2 bath on the second level. Two gated driveways allowing parking spaces for 3-4 cars. A detached 3-car garage structure, additional free standing 3 bedroom 1 bath house at rear of property with it's own driveway, parking available. Excellent corner location provides great visibility for heavy traffic. Perfect for Owner occupied or Investment purchase. Newer roof on one of the buildings. All tenants are current on rents. Selling AS-IS, No repairs. Do Not disturb occupants.
Great opportunity to own a rare and vacant church. Remodel it for use or repurpose it as desired. Sold for land value only making it a great deal. With new codes, the property also affords an opportunity for redevelopment to a residential income property with tremendous residential density bonuses. R-4 zoning plus TOC Tier 1, low income housing bonuses, and ADU laws, would allow for an excellent opportunity to build a large multi-family residential project. With both street frontage and alley access along the whole side of the property, makes it more conducive for various development choices and opportunities. Perhaps a 12 unit condo project with 12 separate private tandem 2 car garages with access along the alley? Check with the city and your architect and explore the myriad of opportunities this great property offers and for all the details related to redeveloping it to its highest and best use with the greatest density allowable with all bonuses and things considered. A new law, signed by Gov. Gavin Newsom, rezones land owned by religious institutions, such as churches, mosques, and synagogues, to allow for affordable housing. Starting in 2024, they can bypass most local permitting and environmental review rules that can be costly and lengthy. See SB 4. Extraordinary opportunity for a scarce, unique, and desirable property along a major thoroughfare for high density development. Sold in its present "as is" condition. 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. Property will be delivered tenant free at close of escrow. Because it is being sold for land value only, go directly to the property at any time and view it from the street and alley. Do not enter the property or disturb the tenant. Interior of property will be shown only with proof of funds provided along with loan pre-approval letter or letter of credit if financing is needed. If being purchased for church purposes, the buyer must have adequate funds/financing for both purchase and rehab.
Small business owners take a look at this incredible corner lot buidling. The current business is an auto dealer by the owner. This property has three driveway entrances with one of them accessible from the main street. You might enjoy the the private rear office with its full bathroom and shower. This corner lot offers many possiblities ....
This property consists of two parcels, next to each other. Both parcels sold in one sale. Parcel 6069-012-006 includes two buildings at 1786 E. 110th St, units 1-4 (1 bedroom each), and two detached houses at 11008 and 11010 (2 bedroms each). Lot size is 14,019. Parcel 6069-012-007 includes two detached houses at 11012 and 11014 (1 bedroom in front and 2 bedroom in rear). Lot size is 5,131.12. These two parcels include a sizeable amount of land for renovation or new build, and there is lots of potential. There was a Los Angeles Code Enforcement inspection a few months ago and all passed the inspection by ensuring all health and safety issues are up to code. There was a substantial amount of expenses for repairs as required for the City, which increased the expenses for these properties in 2023. Most of the tenants are long term and have lived at the property for over 15-20 years. There was a 4% rent increase as authorized by City of Los Angeles effective March 2024.
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. Motivated Seller! **Buyer to do own investigation. Owner and Broker do NOT make any warranties or representations regarding the Property.**
Prime Deevolpment Site" C2 Lot suitable for multi-units, Located on Major Public Transit Corridor. Close to Post Office, Library and Shopping Center. Across from " Carver Middle School". DO NOT DISTURB TENANT.
Huge Yard Area w/Wrought Iron Fenced & Electric GatesFunctional Building With Drive Through Capability,Four (4) 5 - Ton Cranes, (3) 2 ton cranes, (12) 1 ton cranes4 GL Doors: 2 - (17'xl4'), 1 - (22'x20') 1- (12'x14')M3 Zoned
Just Listed Great 6 Units Income Producing Units Great Location Opportunity To Add Immediate Value Well Maintained & Operated 9 Gated Parking Spaces New Roof Ect Just A Great property
Fantastic opportunity to acquire a versatile MIXED-USE PROPERTY. The property has 2 different addresses 8308 S Broadway Built in 1935 with 2 distinct commercial spaces, each featuring its own restroom facilities. + storage space. 8310 S Broadway Built in 2001 with a 2 STORY RESIDENT offering 3 bedrooms and 2.5 bathrooms, occupied by the owner, but can be rented at $2600 monthly. One of the business operates as a Herbalife store, currently leased at $1300 on a month-to-month basis, offering flexibility to the new owner. The other business is not being rented. Prospective buyers and their agents are encouraged to conduct thorough due diligence. Great Opportunity to live and have your own business.
This commercial listing is perfect for growing your business, with ample interior and exterior space that allows for limitless expansion. It's ideal for any type of business, from a retail store to a corporate office. The location is excellent, with easy access to the city's main roads and just minutes away from major shopping and business centers. The property measures 2400 sqft and the lot is 5799 sqft, and it has been fully remodeled in 2023. The doors have neon lights, and an alarm system has been installed that can be activated via cell phone. Don't miss out on the opportunity to take your business to the next level with this incredible commercial space. Schedule a visit today!
Owner used as paint manifactoring, check with County ZONED for Industrial LAM3, it has a large warehouse Assessor shows as 1920 Sq Ft, corner lot electric service with a 400 amp panel
Industrial manufacturing building owner as as paint manufacturing check with County ZONED for Industrial LAM3, it has a large warehouse as per assessor 4720 Sq Ft Corner lot location have access from two street electric service a 400 amps panel, also Parcel Number 5192-006-024 it is part of the sale, it being used a parking lot for the building. It won't last!
Two units!!! This mixed-use property presents a rare and valuable opportunity for ambitious entrepreneurs and investors/ developers. This property boasts excellent visibility with significant street signage, perfect for capturing the attention of the high foot traffic in the area.The front unit of the building is currently in shell condition. It needs work / repairs, but open space is an ideal setting for a creative build-out that could cater to a variety of commercial uses (Buyers can verify city or county with regard to their intended use).In contrast, the back unit is currently occupied by a long-term tenant, although the current lease is month-to-month and well below the market rate, it presents a potential for growth in rental income, with the opportunity to renegotiate terms that align more closely with area averages.
Excellent commercial exposure on this main street with high traffic count. Attractive elevation with outstanding sign visibility and good parking. Close to the rapidly redeveloping and attractive downtown area of South Gate. Near the terrific park and close to the High School. Conveniently located between the 710 and 105 freeways. Not far from downtown Los Angeles. M2 zoning (Light Manufacturing) allows for a multitude of uses. In place income as the owner would like to lease back some office space. Other highlights include: On major boulevard in Mid-Cities Minutes from 105 and 710 Freeway Interchange Just over 11 miles to the South to get to Long Beach Just under 14 miles to the North to get to DTLA 16 miles to the West to get to LAX Fronting major boulevard - Atlantic Avenue Private gated parking lot with lighting Occupy a portion of the building and lease out the balance for cash flow Small leaseback by Berkshire Hathaway or the building can be vacant upon COE or soon thereafte Building signage along with a pylon dedicated to this property
Great investment opportunity mixed use 2 retail units on lower with lower level with 8 multi family unit on uper level. 1 detached single family in the rear of the property. Bulilding has 2 floors and is on a busy street with public parking. Property on a corner lot.
We are pleased to present this rare opportunity to purchase a renovated manufacturing/warehouse building near Downtown Los Angeles at only $328/SF. Situated in a designated Qualified Opportunity Zone with great tax benefits. This refurbished building includes a new roof, fresh paint and updated electrical. The interior offers polished concrete flooring, 17' ceiling height, 800 AMP power service and one dock high loading door. Excellent visibility with 80' frontage on Pico Blvd. and 106' frontage on Velasco Street. Great location a the northwest corner of Pico Blvd. and Velasco Street just one block south of Olympic Blvd. and one block east of Lorena Street. Minutes from Downtown Los Angeles and a half mile south of the Golden State Freeway (I-5).
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.
Prime Location with Exceptional Potential: This property offers an unparalleled location, strategically situated adjacent to the freeway, in close proximity to LAX, and providing a direct route to the Port. Boasting two expansive gates, this lot is not only conveniently accessible but holds limitless possibilities.Formerly an auto-dealer, the property features a substantial improvement, comprising a 1400 sqft structure with a remarkable height of 12 ft. Equipped with a bathroom and two car bays, the building also includes the foundation for a potential third bay or additional office areas. Enhancing its functionality, one of the bays features a hydraulic lift, adding valuable utility to the space.Moreover, the property encompasses a two-office trailer, complementing the existing structure. With close to 26,000 sqft of flat, paved space, the property is a canvas for diverse utilization and development possibilities. Whether you are a buyer seeking a strategic investment, a shipping broker in search of an optimal location, or a builder envisioning a project with limitless potential, this property is poised to meet and exceed your expectations. Explore the endless possibilities and envision the future possibilities that this prime location has to offer.
For the first time in over two decades, this prime commercial property is now available for sale. Centrally located to the 105 Freeway, 110 Freeway, BMO Stadium, LA Memorial Coliseum, USC, SoFi Stadium, Crypto.com Arena and more! This commercial space offers a generous 2,970 sqft lot with dimensions of 27 x 110, this property has served as an automotive repair shop and presents a rare opportunity for new ownership. Don't miss out on this unique chance to acquire a property with a rich history and immense potential. Contact us for more details and to schedule a viewing.
This property is ideal for a seasoned business for a stating new owner looking to own your own and never lease again, or looking to expand in greater Los Angeles area. Conveniently located on a main street near major highways, shopping centers, public transportation, and residential neighborhoods.
REDUCED! We are proud to exclusively present for sale a free-standing Retail Property with Development Potential, perfect for owner-user, investor, or developer! This prime retail property is situated on a signalized corner on Broadway at 54th Street. The property benefits from tremendous visibility, featuring 50 feet of frontage on Broadway and 130 feet on 54th St. The property is currently owner-occupied and will be delivered vacant at the close of escrow. The property is currently operating as a Marijuana Dispensary. The site is perfectly suited for an Owner-User and seems well situated for the possibility of housing a Marijuana Dispensary or other Marijuana Use. The property's generous parking provisions is comprised of 9 side-by-side parking spaces, (including one accessible space) as well as a tandem space that can accommodate up to 3 vehicles. The owner has invested in significant capital improvements as the property has undergone thoughtful updates over the years, including the installation of newer windows, electrical system enhancements, and a completely paid-off Solar Panel System. The C2-1VL- CPIO Tier 2 zoning designation and is ED1 Eligible allows for potential development of up to 28 +/- Units, which would translate to just around $36K per door, making the site perfect for Low Income Housing. The property has easy access to the 110 freeway, a Very Walkable designation by Walk Score and lots of restaurants and retail in the area. The building features roll-down doors, protected windows and gated parking, ensuring both safety and convenience for its future occupants.
The building has been a place of Christian Worship, Christ the King Lutheran Church (Cristo Rey Lutheran) since 1973. Main inside areas of this one story building have been remodeled within the past ten years with newer flooring. ceiling, recessed ceiling lighting and many others. The secure building is accessible from a front and rear entry with a side hallway currently used for storage. A large parking lot with ample parking spots is accessible from Eastern Ave and a rear lane connected with Lubec and Loveland. Both entrances are private with electric security gates. The property is high location value in central Bell Gardens with great potential as a worship center or various business or other uses. Adjacent to the property on one side is an open parking lot. This is a prime location and flexible property worthy of your visit. You will not be disappointed, regardless your business plan or vision for the area.
The subject property is a mixed-use retail and residential building sitting at 7,500 SF on an estimated 5,617 SF lot. 5314 S Broadway currently consists of two (2) ground level retail storefronts and two (2) residential units located on the second floor. Additionally, in the rear of the building sits a detached structure that is used for storage/parking. With 75% of the building currently vacant, this presents an excellent opportunity for investors seeking over a 7% pro forma cap rate. Immediate market rents can be attained for both the retail and residential units. Furthermore, this offering is well-suited for owner-users interested in leveraging SBA financing, requiring as little as a 10% down! An owner-user has the option to occupy 51% of the premises while leasing out the remaining space for supplemental income.*Per title, building square footage is 5,869. Buyer to perform own due diligence and verify all information.
Rare residential & commercial Mixed-Use property to be delivered vacant. Owner-user opportunity to live & do business. Business uses automotive repair, Auto tire ship, Tint/stereo shop and Body-Auto repair. Detached is home with 2 bedroom and 1 bathroom. Prime location situated on a busy major street with high traffic and viability.