Featuring a fourteen-unit apartment building with a spacious floorplan with laundromat. The property has beautiful curb appeal on a corner lot on West Adams. Great investment opportunity.
Property summary (APN; 5041-035-021(533 Bld Sf), APN:5031-035-022(1,144bld SF), APN:5041-035-023(1,589 Bld SF), Zoning; LAC2 lot size; 9,810 sf,
Amazing creative studio / office / showroom / photo studio space designed as a simple blank canvas. Polished concrete floors, exposed brick and diffused light make this conversion of a 1920's auto repair shop into an amazing work environment.Studio is blackout capable with 10 bay doors, a full kitchen, two restrooms, and 200 amp power. The property is conveniently located near the 10 Freeway between Culver City and USC!
CAP-6.8%...GROSS INCOME-$9866/MONTH...MIXED USE COMMERCIAL/RESIDENTIAL BUILDING WITH A ZONING OF LAC2. TENANT PAYS FOR UTILITIES. PROPERTY IS CONSIST OF 3COMMERCIAL UNITS AND 1 RESIDENTIAL UNIT.
Offered for the 1st time in 21 years, this is a rare opportunity to own a fully occupied 12 unit apartment building situated on slightly more than 1/2 acre lot, with loads of off street parking. The property is within a rent-controlled zone. However, having two separate buildings presents the opportunity to make comprehensive upgrades, one building at a time, bringing rents up to market scale when done. Recent renovations in some units include new flooring, updated kitchens, and modern bathrooms. Mid-City LA is renowned for its historical significance and vibrant cultural scene. As part of the "West Adams" district, this area is home to numerous historic landmarks and has a rich architectural heritage. This neighborhood has been a focal point for cultural development, attracting a diverse community that values both its history and its evolving urban landscape. This property is strategically positioned near key business and cultural hubs. Only 6 miles from Downtown provides easy access to financial and business districts. USC is just over 5 miles away. The close proximity to major transportation routes, including the Metro Expo Line, ensures excellent connectivity across LA. And LAX is just 10 miles away. This property which seldom has vacancies, was tied up in Probate 5 years, missing out on rent price increases that entire time. When a savvy investor rehabs the property, enhancing efficiencies & bringing it to current building standards, there will be tremendous upside in both income and market value.
Built in 1990, the fully occupied 40-unit apartment building at 2420 S Western Avenue sits on a large 35,439 square foot lot, offering plenty of space for future development. The 32,705 square foot building, zoned LARD1.5, provides an excellent opportunity for investors looking to capitalize on a property with both modern construction and significant potential for expansion. Its prime location and generous lot size make it ideal for long-term growth and increased rental income. Offered under a bankruptcy sale, this property presents a rare chance to acquire a significant asset in a high-demand area. Buyers should be aware that the property is subject to various covenants and restrictions that may impact tenant selection, income, and rent levels. Prospective buyers are strongly encouraged to independently verify all information, including square footage and zoning regulations.
The property at 2614 S Western Ave, Los Angeles, is a vacant 2,672 square foot retail commercial building situated in a prime location. Built in 1971 on a 4,917 square foot lot, it is zoned LAC2, offering versatile opportunities for various business uses. The building is currently being used for religious purposes but holds potential for redevelopment or conversion to other commercial uses. Located near the bustling intersection of Western Ave and Adams Blvd, the property enjoys proximity to popular local amenities, including shops, restaurants, and easy access to major freeways. Its central location in Los Angeles makes it an attractive option for future retail or business ventures.
Business that sells necessary supplies for a market, restaurant, and butcher's shop.
Commercial store front opportunity in Jefferson Park!!Property features 2 store fronts. 1 is currently vacant. Property also features a 2 bedroom/ 1 bath detached home in the rear with vehicle access, up to 4 cars. NO rent control. Separate meters for electric and gas. Close to Exposition Metro line and upcoming Crenshaw line, adjacent to Culver City, minutes from DTLA
The median home value in Los Angeles, CA is $912,500. This is higher than the county median home value of $796,100. The national median home value is $338,100. The average price of homes sold in Los Angeles, CA is $912,500. Approximately 33.96% of Los Angeles homes are owned, compared to 58.13% rented, while 7.92% are vacant. Los Angeles real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Los Angeles real estate agent to arrange a tour today!
Los Angeles, California 90018 has a population of 3,902,440. Los Angeles 90018 is less family-centric than the surrounding county with 28.08% of the households containing married families with children. The county average for households married with children is 30.99%.
The median household income in Los Angeles, California 90018 is $69,778. The median household income for the surrounding county is $76,367 compared to the national median of $69,021. The median age of people living in Los Angeles 90018 is 36.2 years.
The average high temperature in July is 83.6 degrees, with an average low temperature in January of 45.9 degrees. The average rainfall is approximately 15.5 inches per year, with 0 inches of snow per year.