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Listed by Brian Noh • Nohco Real Estate
$1,395,000
Est. payment /mo
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID OC-26159154
Year Built 1922
Property Sub-Type Mixed Use
Source California Regional Multiple Listing Service (CRMLS)
Property Description
RETAIL FULLY VACANT! SBA Eligible. Mixed use Retail/Apt building in the
USC Patrol Zone in Los Angeles, Ca. Just blocks from the USC
campus, this investment opportunity is ideal for an owner/user
business operator looking for a prime retail space while
collecting rents from the Apts for additional income stream.
Property qualifies for SBA financing with over 52% vacancy.
The property is comprised of two structures totaling 3,592 SF
with a fully vacant 1,872sf corner retail building ideal for
immediate owner occupancy or divided into 3 retail units with
parking in the rear. The separate apartment was built in 1954 is
a two story 4 unit property totaling 1,720sf with all 1/1 units
fully occupied w/ MTM tenants & upside in the rents.
On a corner lot totaling 5,058 SF in size with C2 zoning for
multiple use allowed. Centrally Location near USC on Jefferson Blvd within the USC
Patrol Zone, near Exposition Park, LA Coliseum, DTLA,
Freeways, Restaurants & Shops. 11.3 GRM/6.5% CAP RATE.
USC Patrol Zone in Los Angeles, Ca. Just blocks from the USC
campus, this investment opportunity is ideal for an owner/user
business operator looking for a prime retail space while
collecting rents from the Apts for additional income stream.
Property qualifies for SBA financing with over 52% vacancy.
The property is comprised of two structures totaling 3,592 SF
with a fully vacant 1,872sf corner retail building ideal for
immediate owner occupancy or divided into 3 retail units with
parking in the rear. The separate apartment was built in 1954 is
a two story 4 unit property totaling 1,720sf with all 1/1 units
fully occupied w/ MTM tenants & upside in the rents.
On a corner lot totaling 5,058 SF in size with C2 zoning for
multiple use allowed. Centrally Location near USC on Jefferson Blvd within the USC
Patrol Zone, near Exposition Park, LA Coliseum, DTLA,
Freeways, Restaurants & Shops. 11.3 GRM/6.5% CAP RATE.
Location
State CA
County Los Angeles
Area Metropolitan South
Zoning C2
Interior
Heating Wall Furnace
Laundry None
Exterior
Utilities Available Sewer Available, Cable Available, Electricity Available, Natural Gas Available, Phone Available
Building
Lot Description Corner Lot, 6-10 Units/Acre, Back Yard
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John R Thompson
Broker/Owner | License ID: 01200900
Broker/Owner License ID: 01200900