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Diego Magdaleno

diego@1visionproperties.com +1(714) 376-8652

$1,795,000

Est. payment - /mo

6,089 Sqft Lot

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UPDATED:

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID 26633085

HOA Y/N No

Year Built 1904

Lot Size 6,089 Sqft

Property Sub-Type Mixed Use

Property Description

$200k Priced Reduction! Excellent opportunity to own a commercial/residential mixed-use property located at the prime corner of Pico & Hobart Blvd. This two-story building features three retail spaces on the 1st floor, currently occupied by a music school and an electric co., with one vacant retail unit of over 1500 sf - ideal for a restaurant, market, or other retail uses. The property offers long-term tenants and stable monthly income. Approximately 20 years ago, the 2nd floor was converted into a 3-unit residential layout, consisting of three 2-bedroom, 2-bathroom apartments. A rare mixed-use investment with strong income potential and upside value in a high-traffic location.

Location

State CA

County Los Angeles

Area C16 - Mid Los Angeles

Zoning LAC2

Interior

Fireplace No

Others

Tax ID 5074002001

Special Listing Condition Standard

Read Less Info

Listed by Sue Choi Choice 100 Realty, Inc.

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2972 W Pico BLVD Los Angeles, CA 90006