New Pricing! We are pleased to present 2306 W. Slauson Avenue in Los Angeles, an ideal owner-user opportunity for storefront retail or showroom/warehouse use.The property is ideally located on a heavily trafficked corridor which sees over 30,000 cars passing by daily. The building benefits from rear alley access and gated, secured parking. Situated near the sought-after Crenshaw District and Leimert Park, the asset is also just 0.7 mile from the Home Depot anchored retail destination at Slauson and Western. With its two entrances on Slauson, the building could be divided into two separate retail spaces. The current tenant is on a month-to-month basis. Owner-users can obtain up to 90% Small Business Administration (SBA) financing.
This mixed-use parcel consists of 3 structures: an 1,136 sq.ft. commercial building (under lease); a 1,504 sq.ft. office building currently used as two residential units (one unit is tenant occupied (under lease), and the other unit is occupied by a family member); a 1,290 sq.ft. duplex (one unit is occupied and one unit is vacant). Property being delivered in as-is condition with current tenants.
Situated in an Opportunity Zone with excellent tax saving potential for investors and owner-users, 4703-4705 Crenshaw Blvd. is an extensively renovated mixed-use storefront retail / residential building in the heart of the Crenshaw District of Los Angeles.The property includes a ground floor retail space of 1,800 SF divided into two units. Each unit benefits from over 15 foot high ceilings, extensive renovations, and has a 350 square foot built-out loft area. Unit 4705 has a loft with interior access, used for additional retail storage, or office use, while Unit 4703 has a 350 square foot loft built-out as a residential studio apartment unit with exterior access via a recently rebuilt wooden staircase. Unit 4705 is used for clothing retail sales, on a month-to-month lease. With its rear exterior access, the studio apartment loft above unit 4703 has the option to be leased out separately. Unit 4705 is vacant. On-site parking of 6 spaces is available at the rear (west) side of the building with secured, gated, alleyway access. The building is wood frame & stucco with a flat roof design. Crenshaw is a historically rich neighborhood that has established itself as an axis of culture, politics, and the arts, specifically within the African American community. Its central location, equidistant from the West Side, Downtown L.A., and Hollywood, makes it a crossroads for the Los Angeles scene. Recently, there have been a spate of large mixed-use development projects within a one mile radius of the subject property, including the Crenshaw Lofts, a 195 unit project in development immediately next door. An owner-user can obtain up to 90% Small Business Administration (SBA) Financing.
Welcome to this exceptional mixed-use property nestled in the vibrant live/work space offering an amazing opportunity for both commercial and residential endeavors. Seamlessly integrating commercial and residential spaces, this property presents endless possibilities for investors or owner-occupiers alike, making it perfect for live-work space. Commercial Space (1st Unit):Step into a spacious 1150 SqFt area primed for diverse business ventures.Featuring a full bathroom for customer convenience or employee needs.Perfectly suited for retail, office use, or professional services, maximizing its commercial potential. Residential Units:Unit (A) - Upstairs:Experience a charming 2-bedroom, 1-bathroom layout spanning 1150 SqFt. Complete with a well-appointed kitchen, inviting living room, and cozy dining area. Crafting a comfortable living space, ideal for relaxation or entertainment.Unit (B) - Downstairs:Discover another delightful 2-bedroom, 1-bathroom layout, also 650 SqFt in size.Offering a spacious living area, well-equipped kitchen, and welcoming dining room.Versatile in design, suitable for residential living or as additional commercial space. (You can combine the two downstairs units into one and make it 1300sqft). Additional Features:Convenient detached 1 car garage & accommodating 2-3 vehicle parking spots, enhancing accessibility.Separate entrances for each unit ensure privacy and seamless access.Back alley entrance adds further convenience and ease of use.Recently installed brand new roof guarantees long-term durability and peace of mind. Prime Location:Strategically positioned on a prime street adjacent to the LA Metro and various commercial retail hubs.Enjoying high visibility and foot traffic, perfect for business endeavors.Additionally, seize the opportunity to rent the sign above, further enhancing visibility and advertising potential.Close proximity to amenities, dining options, and public transportation, enhancing convenience.This remarkable property presents a rare opportunity to own a flexible space in a coveted location. Whether you seek a lucrative investment, a residence with the added bonus of a home-based business, or a perfect live-work space, this property delivers. Don't miss out on claiming this gem for yourself - schedule a viewing today!
This commercial C2 land plot presents a fantastic development opportunity for potential buyers. Not only is the property being delivered vacant, but it also has the potential to build up to 9 residential units by right. This allows for flexibility and potential for multiple streams of income. Additionally, the property has other potential uses such as a carpenter, plumbing, or sheet metal shop, catering, upholstery, paint shop, tire shop, pet shop, animal boarding, or even a restaurant. Its location is also ideal, being a short drive to the USC campus and close to major freeways such as the 110 and 10. This makes it easily accessible and convenient for both residents and customers. Don't miss out on this fantastic opportunity for development and potential growth.
Phenomenal Bel Air Location! Now Approved for Medical - Big Value Add Opportunity. 13,290 SF three-story office building on 7,853 SF lot, ideal for Medical/Surgery, Family Office, Law Firm, Production, or Entertainment. Ground floor is gated & secure parking for 26 cars. Iconic Location and Identity with Building Top Signage, directly across from the Getty Center Museum. Fully gated and secure entry with CCTV security camera system throughout. Steel beam & concrete construction with kitchen & conference amenities on each floor.
On the corner of 5th street and Towne Avenue. This warehouse built in 1978 in the heart of DTLA. Close by the wholesale stores of Toys District. To access to highway I10, I5, 101, and 110 within 5 miles. A building on a lot size of 43,151 SqFt with 31,218 SqFt on ground level plus 3,010 SqFt to be an office/showroom on the second floor. Well-lit natural light in the building. It features with large Ground-Level loading docks which offer seamless access to material handling equipment, enhancing operational efficiency. This is a great opportunity for importer/distributer, or investor/developer.
I am proud to present the Figueroa Flats, a ten unit apartment building located in South Central Los Angeles. With immediate access to the 110 and 105 freeways and numerous metro lines Figueroa Flats are well located and central to everything near Downtown LA, Inglewood, Hawthorne and Gardena. The 10,400 square foot two story building sits on .35 acres and is comprised of (10) Three (3) bedroom Two (2) bathroom units. (10 x 3/2). Each unit is 1040 square feet. The building has benefitted from new exterior remodeling and paint, new roof, new fiberglass walkways and is looking better than ever. 6 of the 10 units are renovated and achieving market rents. Income is strong with only a 13% upside to rents, much of which will be achieved in November 2024. The building is NOT subject to Los Angeles RSO meaning the owner can raise rents 8.8% annually (CPI+5% currently). There is room to add ADUs on the property to increase rental income. There is an assumable $1,453,936 mortgage at 3.29% interest fixed until October 2030. A down payment of approximately $3,039,000 is required and yields a cash on cash return of 7.69% on current rents and 8.19% after November 2024.
Incredible opportunity to purchase an updated 4236 square foot creative studio with private offices located on a signalized corner in rapidly growing Glassell Park. The generous main studio space is currently an impressive professional photography studio and event space featuring a 30 ft. by 20 ft. corner cyc wall with a five ft. floor radius, 12ft. ceilings, and an 11 ft. wide drive-in door. Additional features include a rustic-industrial-style conference/lounge room with a wet bar and an adjacent professional hair and makeup room complete with wardrobe setup and a private dressing area. The property is located next door to Habitat Coffee and is just a few blocks from other neighborhood amenities such as Dunsmoor, Bub and Grandma's, The Grant Bar, Verdugo Bar, Kingsize Soundlabs, and the Wife and the Somm. In addition to the main studio, there are six offices of varying sizes, four of which include loft spaces that add to the overall square footage. The updated office spaces include a common area, bathroom, and lobby. Meticulously maintained and thoughtfully upgraded, this building offers countless possibilities for your most creative endeavors
Industrial Warehouse in a prime Los Angeles location. This expansive industrial warehouse offers over 2000 square feet of prime space equipped to elevate your operations with a 14-foot ceiling clearance. With an electric automatic sliding gate, fully fenced-in perimeter, and additional manual vehicle entrance gate, this space prioritizes security and ease of access. The property has security camera wired connections, and recent safety upgrades including a 5-year sprinkler test report completed in March 2024. Other upgrades include, a fully fire sprinklered systems inside, upgraded 400 amp/3 phase/208v/120v power service, 6-gallon electric hot water heater recently replaced, and a 5-ton AC unit, with another 5-ton AC/Natural Gas Furnace combo unit. There are two extra 5-ton condensers offer future upgrading potential. The property also has a Level-2 vehicle charging station installed on site, recent interior and exterior paint, superior insulation, with the ceiling/roof rafters sprayed with Icynene foam 3.5 " thick.
Church property features: baptismal pool, kitchen area, separate office space with full bath. Needs TLC revival. Has not been in use for several years.Also may be great for Investor / Developer for Tear Down and Re build.
The Mangassarian Team is excited to present an unparalleled investment opportunity at 5628 York Blvd, Los Angeles, CA 90042. This propertyshowcases a 2,655-square-foot building and a generous 5,595-square-foot land area, complete with an alley. Its diverse layout features two1,000-square-foot commercial shops and a 1-bedroom house.Nestled in the prime location of York Blvd in Eagle Rock, this property offers distinctive features, including a currently rented shop at $4,700, avacant shop open for customization, and an available house for rent at $2,500. Priced attractively at $1,788,500, the property comes with specialfinancing options, including owner carry with a 30% for 5 years at 5.5% interest only.Highlighting its investment appeal, the property boasts a vibrant location on York Blvd, renowned for trendy establishments. Its advantageousproximity to a large grocery store ensures significant foot traffic, enhancing its visibility. The property's versatility is evident, catering to both retailand 1BR residential purposes.Diving into the detailed aspects, the property can be categorized as a Class C retail storefront with integrated residential components. Originallyconstructed in 1947 and subject to a meticulous renovation in 2023, the structure epitomizes a single-tenanted, 1-story configuration. Its FloorArea Ratio (FAR) stands at 0.47, indicating a balanced relationship between the building size and the land area.Strategically positioned within a C2 State Enterprise Zone, the property occupies 0.13 acres, providing a notable foundation for potential growthand development. Noteworthy features include ample on-site parking, comprising 6 spaces, translating to a favorable ratio of 2.26 spaces per1,000 square feet leased. Additionally, the property boasts a substantial 40 feet of frontage on the bustling York Blvd.This investment opportunity is intricately crafted, combining a strategic location with a diverse layout, setting the stage for multifaceted utility
Extremely rare opportunity to purchase rectangular shaped parking lot in Downtown LA with development potential (Zoned: C2-2D-O-CPIO). Potential Opportunity Zone. Total of 3 APNs adding up to approximately 16,887 SF (120 x 141). Centrally located with Easy access to 10 FWY and 110 FWY. 1 mile from Metro Blue Line, 1.1 miles from Crypto.com Arena (Formerly Staples Center), 1.4 miles from LA Live, and 1.8 miles from University of Southern California (USC).Option: Adjacent property at 1840 S. Main St (APN: 5127-024-017) is available for a possible assemblage.
Completely renovated industrial warehouse in the heart of Echo Park, ideally suited for any and all creative uses. High ceilings, brick walls and vaulted wooden bow-trusses are just some of the architectural highlights of this approximately 3,600 square foot space. Two large open spaces an be utilized for any number of purposes. A spacious glass enclosed mezzanine looks onto the vastness of the warehouse below. New systems include insulated foam roof, three new HVAC units, all new electrical, updated sewer and copper supply lines, two baths, outdoor patio, large 12 x 12 roll-up door, four skylights, wired for sound, cameras and alarm. Adjacent to the bustling Mohawk junction mall at the corner of Sunset Blvd. and Alvarado St. convenient to downtown, Hollywood and just blocks from the 101 freeway.
Located on corner of Jefferson Blvd and Trinity St. 2 Building in a lot. Main building 3,770 sf and detached building 940 sf. Great for Manufacturing/Warehouse/Industrial. Private, Paved and Fenced, Automatic Gated Parking Lot Space for 6+ Cars. Loading:1 Ground level Idea for Printing Plant/ Machine shops /Sewing Factory/Garment Manufacturing .......... Highpower 240V/3 PHASE/400A
Vacant Duplex with large size building and lot. New constrution add large new balcony on 2nd floor, all new wireing and plumbing. Seller wants to sell togather with 1722 Crenshaw bl.
This is a four unit commercial property which is currently fully leased. All tenants are month to month, providing an excellent owner user opportunity. The rents are far below market, offering the savvy investor an opportunity to raise rents to market level to unlock significant upside potential. The property also has a commercial kitchen in one of the units, making the property an excellent candidate for a restaurant conversion. Small unit sizes of 612 sf each are always easy to rent and demand a high rent per sf.
Incredibly unique opportunity to own a piece of Los Angeles history in the Melrose Art District! Two beautifully reimagined classic brick storefronts are a sizeable 3,338 sq feet with large picture windows. The building currently houses the longest running vinyl record store in all of Los Angeles with over 500,000 recordings inside the retail space (also available for purchase). Internationally known for the vinyl and the famous clientele who it served for over five decades. Here's a chance to continue selling one-of-a-kind recordings in an established location. This location on the north side of Melrose Boulevard, beckons entrepreneurs and enthusiasts alive to make their mark on Melrose Avenue's storied landscape.
FOUR units delivered vacant at COE- right on the Edendale border of Silver Lake and Echo Park. This 5 unit opportunity is comprised of : FRONT BUILDING ( vacant at COE ) - 3/1 owners unit 2nd floor; 2 side x side 1/1 1st floor. Two additional stand-alone bungalows ( Title reflects 1/1 per) , both with formal dining room area with built ins and closet, potentially usable for 2nd bedroom or office- one leased for 2800/month ( March '24) , and the second currently VACANT.
Unique storefront multi-tenant retail investment opportunity located in the heart of the iconic tourist mecca of Hollywood Blvd and the Hollywood Walk of Stars. The property has a long stable history of occupancy and consist of four retail units of approximately 2,000 square feet of leasable area each. Walk of fame stars immediately in front of the property include: Fats Domino, Eva Gabor and Al Jolsen.Situated on the south side of Hollywood Blvd between Highland Ave. and Cahuenga Blvd. the location attracts significant foot and drive by traffic visibility and signage.Traffic counts on Hollywood Blvd. are in excess of 26,000 cars per year. It is unique that the property is supported by an underground parking structure with direct suite access and accommodating eight vehicles on site.Additional paid parking is also available on the street and the adjacent parking lot.The site is also located nearly adjacent to the significant Hollywood Blvd redevelopment revitalization project with expected approval in May of 2024. This two-site project located at 1610-1638 Las Palmas Ave., 6626 W. Hollywood Blvd. 1623-1645 and 1638-1644 N Cherokee Ave. will add significant new retail, office, dinning space and over 600 residential units.
Excellent business opportunity in a well commercial area. It consists of two structures.This property is conveniently located close to the 10 and 710 freeways, downtown Los Angeles and the metro. It offers great potential for rentals.
Back on the Market! Prime location in Silver Lake area. Great visibility for restaurants, Bars, Bakeries, Coffee shops, etc. Free-standing building in corner lot. Ample parking. ABC license is included with the purchase price.
Approximately 12,000 sf building beautiful corner shopping center, perfect for owner user, with existing long term tenets. For sale $2,875,000 only. 50% below replacement cost.
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