Attention 1031 exchange funds and astute investors! An unparalleled investment opportunity awaits in the heart of Los Angeles at 198 S Commonwealth Ave, a well maintained building with pride of ownership, updates and upgrades which include, mini split HVAC in some units, updated units, stainless steel appliances. Presenting a prime commercial property in the thriving Wilshire Center district, where cultural diversity and urban vitality intersect. This strategically located asset offers tremendous potential for savvy investors seeking to maximize their 1031 exchange funds. Embrace the dynamic spirit of this bustling neighborhood, where a myriad of shops, eateries, and businesses flourish, ensuring a steady flow of foot traffic and consumer demand.Set your sights on the endless possibilities this property holds. With its proximity to renowned Korean barbecue restaurants, trendy cafes, and specialty stores, capitalize on the vibrant retail landscape that has made this district a sought-after destination for locals and visitors alike. Transportation convenience further enhances the investment appeal. Multiple bus lines and the Wilshire/Vermont Metro station offer seamless connectivity, facilitating easy access for patrons from across the city. This accessibility, coupled with the neighborhood's central location, ensures strong demand and long-term growth potential. 100% Occupied. Rent Control Rent Increase freeze is being lifted in February 2024 with a 4% allowable rental increase. All tenants are on month to month. Historically low to no vacancies. Pictures are from various units in the building from the recent past. SqFt of units is estimated. Drive by only! DO NOT disturb tenants.
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.
Commercial Lot with Office Space. This property offers an excellent opportunity for commercial ventures with existing 187 sqft office space. Boasting a spacious lot size of 7,540 square feet, this property provides ample space for various commercial uses.
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
Mixed-use opportunity boasts a unique blend of commercial and residential spaces, making it an ideal investment opportunity for those seeking a versatile property in a prime location. On the ground level, there is a neighborhood market with a small warehouse. The upper floor of the property consists of two spacious residential units, each with one bedroom/one bath. The property is conveniently located just steps away from the Heritage Square Gold Line Station, providing easy access to downtown Los Angeles and beyond. It is also located near a variety of shops, restaurants, and other amenities, making it an ideal location for both commercial and residential tenants. Don't miss out on this fantastic investment opportunity!
One of a kind creative space in Frogtown. Perfectly situated as the last industrial building before the major residential section of Elysian Valley, this approx 4500 square foot space has for over 30 years been a place for art and art-making. With Pristine white surfaces and 15 foot ceilings, it was for over 20 years the home and studio of artist Frank Romero, a pioneer of the Los Angeles Chicano movement and pivotal member of the acclaimed art group Los Four. Presently used as a collector's private art gallery and home, it is centered around an immense 29 x 38 foot gallery with 15 foot ceilings, and includes 2 smaller galleries, large art storage area with loading dock, 3 room office/bedroom suite, a principal bedroomwith adjoining office, kitchen, and soaring domestic storage, 2 bathrooms, 2 mezzanine storage areas, a 3 truck garage facility with roll-up doors, and extensive camera security system. The property is zoned LACM Manufacturing (Light) and is 3 doors from the LA River with next street access to the famous L.A. Bikepath. The path provides a direct connection to the gentrified Frogtown delights of the new Loreto Restaurant, LA River Kayak Safari, La Colombe Coffee, and Wax Paper. Frogtown/Elysian Valley is the new LA hub of artists, architects, filmmakers, and high tech, and continues to develop as a much in demand location for commerce and living.
Partners CRE are proud to present for sale a perfect Owner-User opportunity in the El Salvador Community Corridor of Pico Union.Walk Score calls this area a Walker's Paradise with Good Transit and Very Bikeable. The property is perfectly situated to run a business with great street exposure and alley access.Zoned C2-2D-CPIO Tier 3, the building features 1,573 SF of space with a 350 SF parking area in back, with a gate to the alley.The densely populated community is the first and most important step for the success of most businesses! This ideal location allows for instant storefront exposure that will lead curious neighbors to become regular patrons! Do not miss out on instant exposure and a ready-built customer base!
Situated at the signalized corner of Lorena Street and East 4th Street in the dense pocket of the Boyle Heights, the subject property was being used as a 3 bedroom and 2 bath Single Family house for 20+ years (delivered empty no later than 4/30/24). However, all the Certificate(s) of Occupancy, since it was constructed only allow for commercial uses. Prior to its residential dwelling use it was a Cafe and a Store location. The property is situated in a State Enterprise Zone which reduces the parking requirements to: 2 spaces for every 1,000 SF. More specifically, this would be the new parking requirement for Medical/Dental and Restaurant (take-out/sit-down) uses. The property will be vacant April 30th. City Attorney is requiring the subject to be converted back to its original use. SBA and Conventional loans will finance at 85% to 90% loan-to-value, plus finance all Tenant Improvements for an Owner-User Buyer to capitalize.
Property is being sold as is with tenants for land value only. The property has LAMR1 Zoning which may allow for Light Manufacturing uses. Please check with city as agent or owner do not make any representations. The property and its neighboring property are sandwiched between a 7/11 and the fire department station. This property has a great opportunity to be developed into many light manufacturing uses. The LAMR1 Zone is rear in that part of LA as it sits smack in the middle of everything. Think may be a commercial kitchen, a laboratory, or other potential uses.
Two units!!! This mixed-use property presents a rare and valuable opportunity for ambitious entrepreneurs and investors/ developers. This property boasts excellent visibility with significant street signage, perfect for capturing the attention of the high foot traffic in the area.The front unit of the building is currently in shell condition. It needs work / repairs, but open space is an ideal setting for a creative build-out that could cater to a variety of commercial uses (Buyers can verify city or county with regard to their intended use).In contrast, the back unit is currently occupied by a long-term tenant, although the current lease is month-to-month and well below the market rate, it presents a potential for growth in rental income, with the opportunity to renegotiate terms that align more closely with area averages.
Warehouse property located in the City of Los Angeles. This 1-story property features 5,000 sq ft of building space and 5,850 sq ft of Lot size. Zoned in C2, the building can be used as an Art or antique shop, pet shop, carpenter or plumbing related, catering shop, interior decorating shop, tire shop, or restaurant or cafe. This building can also be used for all uses for C1.5 (12.13.5) or C1 Limited Commercial Zone (12.13). Some new features added to the building: a garage door has just been fixed, upgraded with new windows and the Roof has been replaced. Close distance to Los Angeles International Airport and Union Station. Nearby freeways are I-10 and I-110 for convenient commuting.
We are pleased to present an opportunity to own an industrial asset in Vernon. Property is located in the General Industrial zoning of Vernon, which allows a wide range of industrial uses. According to public records, the asset includes a 950 square foot structure and is situated on 5,066 square feet of land. The building was built in 1940, although today the City does not recognize it as a conforming use structure. All prospective Buyers are encouraged to visit the City to investigate requirements of bringing this building up to code for todays requirements and use. For the purposes of this offering, the ownership is selling this property at land value only and makes no guarantees or warranties on the usability of the existing structure.
GREAT LOCATION IN KOREA TOWN, BE OWNER OF YOUR BUILDING, STANDARD SALE!! NEAR DOWNTOWN LOS ANGELES. A WELL-MAINTAINED 5-UNIT BUILDING. ALL UNITS HAVE UPDATED BY THE CURRENT SELLER. PLEASE DO NOT DISTURB THE TENANTS. NO EXCEPTIONS! CALL FOR ANY INFORMATION
Incredible and rare opportunity to acquire income property in a highly sought-after neighborhood. Cypress Park, named one of LA's hottest real estate neighborhoods by The LA Times and LA Weekly. Every unit within this five-unit property has its unique style and character. The front 2-bedroom, 1-bath home is spacious, quaint, and offers a sense of privacy. Surrounded by manicured gardens and separate fencing, it creates a tranquil and independent residence. The remaining four units consist of two separate duplexes, all featuring one-bedroom, one-bath units. Every unit is comfortable and comes with its own front porch and rear access. Step outside to find cozy sitting areas and shady trees with paths that lead you around the property. All units are well-maintained, providing residents with a clean and functional living experience. Each unit is also individually metered for gas and electricity, ensuring efficiency in operating costs. The generously sized lot of 10,401 sq ft offers countless possibilities for developers or investors focused on long-term returns. The backyard includes a detached outbuilding that could be converted into additional living space, presenting great potential to increase the property's value (Buyer to verify with the City of LABS for feasibility). These units are located in a high-demand rental area and have significant upside rent potential. Beyond the property, residents can explore the thriving neighborhood with great shops like Golden Poppy Market, Loquat Coffee, or tasty originals like the first-ever King Taco! Nearby is Rio de Los Angeles State Park with easy access to the LA River Bike Path. Whether you're an artist, a food enthusiast, or someone who appreciates a lively community, this property invites you to experience the best of it all. Located close to public transportation, Downtown Los Angeles, and Dodger Stadium. Come envision the untapped potential of this remarkable investment property!
We are pleased to present this rare opportunity to purchase a renovated manufacturing/warehouse building near Downtown Los Angeles at only $328/SF. Situated in a designated Qualified Opportunity Zone with great tax benefits. This refurbished building includes a new roof, fresh paint and updated electrical. The interior offers polished concrete flooring, 17' ceiling height, 800 AMP power service and one dock high loading door. Excellent visibility with 80' frontage on Pico Blvd. and 106' frontage on Velasco Street. Great location a the northwest corner of Pico Blvd. and Velasco Street just one block south of Olympic Blvd. and one block east of Lorena Street. Minutes from Downtown Los Angeles and a half mile south of the Golden State Freeway (I-5).
Six Figure Producing Business for Sale! In Prime location of City Terrace minutes from major freeways and DTLA. All Equipment, Contracts, licenses (Beer and Wine / Tabacco), Merchandise to be included in sale. Recently remodeled and upgraded cooling system for all product. Newly installed security protective glass and security door. Business is generating $40,000 a month and still climbing for added potential. Rent is $2,000 a month with a 10 year contract. This is an amazing opportunity for any owner operator who wants to generate a 5 figure salary.
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.
Industrial manufacturing building owner as as paint manufacturing check with County ZONED for Industrial LAM3, it has a large warehouse as per assessor 4720 Sq Ft Corner lot location have access from two street electric service a 400 amps panel, also Parcel Number 5192-006-024 it is part of the sale, it being used a parking lot for the building. It won't last!
Owner used as paint manifactoring, check with County ZONED for Industrial LAM3, it has a large warehouse Assessor shows as 1920 Sq Ft, corner lot electric service with a 400 amp panel
Located in the heart of Korea-Town, this apartment offers a vibrant urban lifestyle. Close to Downtown LA and USC, with easy access to Freeways 10, 101, and 110. The area boasts trendy clubs, bars, and restaurants. Currently fully occupied with market-rate tenants, yielding a gross rental income of $16,500.
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.
Currently being used as a gathering place, but has so much potential. A remodel was completed last year and includes New HVAC unit, electrical, plumbing , drywall, stucco, and 2 new restrooms. This locations has plenty of parking space for your needs. Just think on what type of business you would like to establish or currently have as this location has a lot of foot traffic with neighboring residential area and visible traffic on main boulevard.
Build your new property. Currently 2 Units in this lot. 1 Unit on the first floor has 3 bed/1 bath, a totally separated studio unit on the 2nd floor with 1bed/1bath. You can just tear it down and build 4 units new home. The floor plan of this new five level building has five suites on each floor (from 2nd floor to 5th floor) and parking garage on the ground floor. Nice location in Korean Town. Just minutes to Down Town and Hollywood. Easy access to the 101 Fwy. Excellent Investment! Don't miss this nice home!!
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