Discover an unparalleled investment opportunity in the heart of Los Angeles with this prime commercial property on Fairfax Avenue. Located in a thriving neighborhood known for its dynamic growth and cultural significance, this offering presents the potential to transform two contiguous lots into a development masterpiece.Key Features:Prime Location: Situated in a highly sought-after area, this property enjoys proximity to vibrant dining, shopping, and cultural hotspots. The surrounding community has seen significant growth, making it a desirable destination for both residents and businesses.Development Potential: This unique property consists of two lots side by side, providing ample space for a visionary developer to create a substantial residential complex. Potential to build up to 52 units, catering to the strong demand for housing in the area. Buyer to verify and due their own due diligence. Nearby Developments: The area has witnessed a surge in new apartment developments, making this property a strategic addition to the evolving urban landscape. It aligns perfectly with the ongoing transformation of Fairfax Avenue.Investor's Dream: Savvy investors and developers will recognize the tremendous value and growth potential that this property offers. Take advantage of the opportunity to shape the future of this dynamic neighborhood.Accessibility: Convenient access to major transportation routes and public transit ensures ease of commute for future residents, further enhancing the appeal of this location.Investment Potential:Whether you're an experienced developer looking for your next project or an owner-user with a grand vision, 649-651 N Fairfax represents an exceptional opportunity to contribute to the renaissance of this iconic neighborhood.Seize this chance to be at the forefront of progress and innovation. Contact us today to explore the possibilities, discuss plans, and take the first step toward creating a lasting legacy on Fairfax Avenue.
Masters Realty Eastern Group is excited to bring a truly unique assemblage of properties to the marketfor sale in the prestigious Los Angeles Boyle Heights. The offering includes a collection of brick-and-mortar unit, structures totaling 12,133 square feet, situated on approximately 17,003 squarefeet of land. The properties are located on a highly visible street of Cesar Chavez, Across thestreet a large development unit that was recently completed.Great Developer/Investor Opportunity!- Street Frontage entire front block of commercial property in prime location- 12,133 sqft building, 17,003 sqft land- Great opportunity zoning area with tax benefits- Near Metro station- Supported by the community- Multi-unit with month-to-month leases- located at the heart of Los Angeles I-5, I-10, 101, and 60 freeways providing access- Highly Visible LocationThis is an excellent investment opportunity for anyone looking to get into the commercial realestate market and development. The property is located in a prime location with great visibilityand access to transportation. The zoning was recently changed to opportunity zoning to supportthe community and help developers revitalize the area. The tax benefits are great and allow fora variety of uses, so you can easily adapt the property to meet your needs.
Rare opportunity to purchase 4-unit Mix-use property. The 2 story building is configured into 2-commercial spaces on ground floor level, a 5 bedroom 2 bath on the second level. Two gated driveways allowing parking spaces for 3-4 cars. A detached 3-car garage structure, additional free standing 3 bedroom 1 bath house at rear of property with it's own driveway, parking available. Excellent corner location provides great visibility for heavy traffic. Perfect for Owner occupied or Investment purchase. Newer roof on one of the buildings. All tenants are current on rents. Selling AS-IS, No repairs. Do Not disturb occupants.
Prime Deevolpment Site" C2 Lot suitable for multi-units, Located on Major Public Transit Corridor. Close to Post Office, Library and Shopping Center. Across from " Carver Middle School". DO NOT DISTURB TENANT.
Great Investment opportunity , 4 commercial and 2 residentialmixed use, LAC2 zoning, walking distance to Crenshaw Metro Rail Line, excellent location.close to transportation, schools and much more.New electric panel.Lots of potential to develop
***DO NOT GO DIRECT, DO NOT DISTURB TENANTS***Welcome to 6524 S Central, a value add deal in the up and coming community of Florence - Firestone. This property has a total of 11 existing units (9 upstairs and 2 downstairs). According to Planning department this small lot has very high density and can go up to 14 units. There are multiple metered utilities which will allow the owner to separately charge for those services. Florence - Firestone is a TOD Transit Oriented District Specific Plan that was adopted on 09.03.2019. There may also be funds available through the Los Angeles County Development Authority (LACDA) by way of Notice of Funding Availability (NOFA) to fund substantial rehabilitation of affordable housing in exchange for favorable loan terms through this program. There will be much development here over the next few years which may bring values significantly higher. Buyer and/or buyer's agent to do all inspections and verify all information regarding listing. Private financing available. No information is guaranteed or warranty by listing agent or seller.
PRICE REDUCTION! Great opportunity for owner/user! Mixed use property with two commercial retail units in front and a Single Family Residence towards the back of the property. Tenants are currently month to month. The recently remodeled barber shop is leased for $950/mo. The Single Family Residence is leased for $1,250/mo and is in need of cosmetic repairs but has the potential for an ADU. The restaurant is currently vacant and has been recently remodeled with all new restaurant equipment for a takeout style food service operation. The new owner could operate his fast food business from the facility or lease it turnkey to a restaurant owner. Per ZIMAS the lot is Tier 3 TOC which gives the property development potential for the future as the property is in close proximity to the necessary Transit resources enabling greater density if developing affordable residential housing. Motivated Seller! **Buyer to do own investigation. Owner and Broker do NOT make any warranties or representations regarding the Property.**
THIS LOT IS PART OF A FOUR LOT PORTFOLIO ON ROBERTSON BOULEVARD LOCATED JUST A FEW BLOCKS FROM BEVERLY HILLS AND IS A DOUBLE LOT OF APPROXIMATELY 7273 SQUARE FEET. IT HAS A FABULOUS LOCATION AND IS PART OF A DEVELOPMENT PORTFOLIO OF 1040, 1044, 1046 AND 1054 SOUTH ROBERTSON BUT CAN BE SEPARATELY PURCHASED FOR $4,750,000. THE LOT IS FABULOUS FOR BUILDING A DREAM OFFICE BUILDING ALONG WITH MANY OTHER USAGES AND HAS GREAT PARKING OFF THE ALLEY. IT HAS THE TOC 2 ADVANTAGE AND THERE MAY BE ADVANTAGES UNDER AB 2097 FOR PARKING EXEMPTIONS....
Two separate units with almost 3,000 square feet of office or retail space (2,880) all situated on a a 6,540 sq.ft. lot with off street parking. Bring your imagination and the sky is the limit! There is currently one tenant, but can be delivered vacant.
1605 E 1st St is a fully renovated turnkey creative office/art studio space in Downtown LA. The building offers a generous building-to-land ratio for DTLA standards, 3,698 square foot building sitting on 6,908 square feet of land. The building underwent a full remodel totaling over $700,000 recently, making it an elegant turnkey space for an Owner User. Its extensive tenant improvement facelift was completed just prior the exponential and dramatic costs of materials. The high-end renovations included: new electrical, plumbing, HVAC, roof, alarm system, skylights, ramp/handrail, electric gate, windows/doors, bathroom and light fixtures, exterior lighting, and a custom kitchen installation. The property features two private offices, a spacious conference room, a ventilated art studio, two bathrooms, storage, a 10'x10' roll up door, and gated parking with a total of seven spaces. With its versatile layout, the subject property is ideal for a wide range of artistic Owner-Users seeking an adaptable workspace.
This commercial listing is perfect for growing your business, with ample interior and exterior space that allows for limitless expansion. It's ideal for any type of business, from a retail store to a corporate office. The location is excellent, with easy access to the city's main roads and just minutes away from major shopping and business centers. The property measures 2400 sqft and the lot is 5799 sqft, and it has been fully remodeled in 2023. The doors have neon lights, and an alarm system has been installed that can be activated via cell phone. Don't miss out on the opportunity to take your business to the next level with this incredible commercial space. Schedule a visit today!
Long term lease signed with National Tenant for a long term lease starting at $4,000 a month gross modified with escalations. Tenant plans to rebuild building and subdivide it into two tenancies. Potential for billboard advertising on busy street corner. Additional information provided with a submitted offer. Listing photo is a proposed rendering of the renovated space. All sales must be approved by the Court.
Just Listed Great 6 Units Income Producing Units Great Location Opportunity To Add Immediate Value Well Maintained & Operated 9 Gated Parking Spaces New Roof Ect Just A Great property
1st time on the market in several decades. Family owned and operated. Jewel-box commercial and commercially zoned property in the heart of the Westside. Tremendous upside as owner/user or existing office with some rehab. Could have great development potential, as well. Buyer to rely solely on their own investigation of any future development possibilities and potential. Soft story retrofit (if required) shall be the responsibility of Buyer. Truly, a fantastic opportunity.
This property is ideal for a seasoned business for a stating new owner looking to own your own and never lease again, or looking to expand in greater Los Angeles area. Conveniently located on a main street near major highways, shopping centers, public transportation, and residential neighborhoods.
Introducing 2233 Riverdale Avenue - a prime 8-unit multifamily investment opportunity in the heart of Los Angeles! Nestled in Frogtown, around the corner from Silver Lake, this remarkable building is poised to deliver immediate returns for the savvy investor. The property has undergone a comprehensive renovation (including new electrical systems, plumbing, and roof) and now offers the perfect blend of modern comfort and unmatched location.Each of the eight units offers an inviting and comfortable living space, appealing to a wide range of tenants. The thoughtfully designed floor plans provide an efficient use of space for residents to relax and unwind. The modern finishes incorporated into each unit contribute to an elevated living experience, ensuring high tenant satisfaction and long-term occupancy. Additionally, the property features desirable amenities like secure gated entry and parking, central air conditioning, in-unit laundry, and an electric vehicle charger, further enhancing its appeal and marketability. With an incoming cap rate of nearly 5% and low operating costs bolstered by the recent renovations, buyers can enjoy peace of mind and steady revenue generated by this extremely low-maintenance building. Moreover, with an impending approval for a Tenancy in Common (TIC) structure, the potential for the individual sale of units (like condos) unlocks incredible future value and potential returns! With the demand for housing in Los Angeles higher than ever before, this forthcoming approval makes the property an even more enticing investment.With its strategic location, updated infrastructure, impressive revenue potential, and low-maintenance nature, 2233 Riverdale is poised to deliver exceptional returns for savvy investors. Don't miss out on this chance to acquire a turnkey investment with significant income and upside potential in one of Los Angeles' most desirable areas!
Metropointe North is a 22 unit apartment building built in 2021, with professional management provided by Power Property Management, and occupancy is stable. The units are pristine and the location is excellent, adjacent to the Farmdale light rail metro station. Unit mix includes: 8 one bedroom and one bath, 4 two bedroom and one bath, 9 two bedroom and two bath, and 1 three bedroom and two bath. 3 units are deemed affordable housing. The neighborhood has undergone a major economic boom and the economic outlook is bright considering the ongoing $1 billion redevelopment of nearby 43 acre Crenshaw Plaza over the next seven years. The long term demand for local housing for this area seems robust. The building features a central courtyard and an oversized yard with pavers on the south side of the building. Tenants have access to a bike closet and an elevator for added convenience. All units are equipped with stainless steel appliances, a washer and dryer, central air conditioning and heat.
Commercial lot for sale in an active and busy area of Los Angeles. It is located in a well established mixed commercial and residential area. Great location for a growing business. Includes 12 parking spaces for client accessibility. Close to transportation and main shopping centers. Easy access to 110 Freeway. Current tenants are leasing month to month. Come check out this opportunity priced to sell fast!!!
Perfect live-work space in the Downtown Los Angeles market within a few blocks to Staples Center. The property consists of a ground level office space along with a 2nd story loft. Both units have their own entrance and generate income on their own. The loft space has been updated with high end fixtures along with a number of amenities that the property has to offer.
2,500 square feet total (2 units) Two units with separate addresses. Street and alley access. 400 amps of single-phase power. Zoned LM2 manufacturing. Each unit has a roll up door. GREAT RENTAL INVESTMENT PROPERTY.. call agent for details
There are three units this unique property, 1 2 bedroom, 1 bath house with a garage and a commercial bow truss space split in two. One side is tenant occupied the other is vacant. This property offers an incredible opportunity for live/work, artist studio, small warehouse space with available parking. This building offers plenty of space and features a large open floor plan with lots of natural light and maximum versatility. Convenient to the 2 freeway making commuting to nearby cities a breeze.
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Based on information from CRISNet MLS as of 4/27/2024. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
