Description
Incredible Owner-User or Investment opportunity to acquire a beautifully renovated late 19th century mixed use property and the adjacent parking lot (APN: 5492-036-032) in highly desirable Highland Park. Total Land SF is +/-12,013 SF. Approximately $1.5MM invested in this meticulous renovation project. The property consists of two commercial units , tenants are a Med Spa and Hair Salon. The 4 apartments consist of two x singles, one x two bedroom, and one x three bedroom. Three of the four apartments have been completely renovated. The three bedroom is currently used as a vacation rental; the 2 bedroom has a very long term tenant which is subject to city of LA RSO. The commercial space, singles, and three bedroom can be delivered vacant at close of escrow. Additionally, commercial tenants are open to remaining for a year post COE. Conceptual plans for a 4 unit townhome development on the parking lot are included in the sale. Detailed Marketing Brochure can be downloaded from the documents section.
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Listing Agent: Robert Leveen Courtesy of: Robert Leveen The real estate listing information is provided by California Regional MLS, Inc. and/or CARETS® for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing or leasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (IDX) program of the California Regional MLS, Inc. and/or CARETS®. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns the web site. Information is deemed reliable but not guaranteed, and consumer is responsible for verifying the accuracy of all information. Copyright © California Regional MLS, Inc. and/or CARETS®. All Rights Reserved. Updated: 21st March, 2023 9:50 AM (UTC)
