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Travis Breton

travisbreton@gmail.com +1(760) 470-2752

Listed by Suzanne Abolhosseini, DRE #02047620 • Innovate Realty, Inc.

$ 1,399,000

Est. payment | -/mo

10,327 Sqft Lot

Save

$ 1,399,000

Est. payment | -/mo

Save

10,327 Sqft Lot

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID CRLG26225283

Year Built 1922

Lot Size 10,327 Sqft

Source California Regional MLS

Property Description

Don't miss this incredible investment opportunity in the heart of Los Angeles! This expansive property is made up of three separate buildings with 7 total units, with potential for 10 units. Five of the current units showcase two bedrooms and one full bathroom while two of the units are made up of one bedroom and one bathroom. Nestled in the desirable Mid-Wilshire area, it's located in a Qualified Opportunity Zone (QOZ) potentially offering powerful tax benefits. The exterior charm boasts the spirit of Los Angeles, alongside a full length concrete driveway serving the back garages and parking spaces. This investment is zoned LAR3-1 and is additionally located within a Tier 3 TOC Area, allowing for potential additional development density bonuses due to its proximity to public transportation. Each of the units features its own washer/dryer hookups that are separately metered, Buyer to verify. Additional property features including a recent $50,000+ interior renovation throughout the units. Ideally located in the Mid-Wilshire corridor near freeways, allowing easy access to downtown Los Angeles, LA City College, Dodger Stadium, and nearby hotspots like Los Feliz, Silver Lake, and Hollywood. Buyers to verify all zones and potential tax benefits. Buyers to verify all potential develop

Location

State CA

County Los Angeles

Area C17 - Mid-Wilshire

Interior

Heating No Heating

Cooling None

Laundry Other

Exterior

Parking Features Garage, Other, Parking Area

Garage Spaces 9.0

Pool 31, None

View Local/Neighborhood

Building

Water District - Public

Others

Tax ID 5520009005

Special Listing Condition Not Applicable

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(760) 470-2752

travisbreton@gmail.com

1902 Wright Place #200, Carlsbad, CA 92008, USA

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525 N Kenmore AVE Los Angeles, CA 90004