Rare Mixed-Use Investment Opportunity – Approximately 4,000+ Sq Ft
Offered for the first time in nearly 40 years, this unique mixed-use commercial and residential property presents an excellent opportunity for investors seeking a value-add asset with strong upside potential. The building consists of four total units, including two vacant commercial storefront… Read More units on the ground floor and two occupied residential units located above.
The residential units include:
• One 2-bedroom / 1-bath unit
• One 1-bedroom / 1-bath unit
The two commercial units:
approximately 1,000 square feet each, providing flexibility for a variety of retail, office, or service-based businesses. Average commercial lease rates in the El Sereno area range from approximately $2.00–$3.00 per square foot, presenting a strong opportunity to establish new leases and increase income.
The property is equipped with four separate electrical meters and one master water meter.
While the building requires improvements and updating, it offers significant upside for investors looking to reposition the asset and capture higher rents. With a flexible mixed-use layout and strong demand for both residential and neighborhood commercial space, this property represents a compelling investment opportunity.
The residential units are currently tenant-occupied, and the property will be sold with tenants in place, making it ideal for investors seeking immediate rental income with long-term growth potential.
For additional information, including financials and lease details, please contact the listing agent. Read Less
Property listed by Las Casas Realty, Inc., David De Anda 310-259-7556
Listing Snapshot
Days Online
20
Last Updated
Property Type
MixedUse
Lot Size
0.08 Acres
Year Built
1962
MLS Number
GD26054047
Additional Details
Building
Built in 1962, 1 building, 2 stories, Entry level: 2, Entry location: 4
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. 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.
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