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Listed by Matthew Guerra • KW Executive
$ 950,000
Est. payment | /mo
3,157 SqFt
$ 950,000
Est. payment | /mo
3,157 SqFt
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 3,157 sqft
Price per Sqft $300
MLS Listing ID CRAR25037946
HOA Y/N No
Originating Board Datashare California Regional
Year Built 1921
Lot Size 0.337 Acres
Property Sub-Type Other
Property Description
Prime Investment Opportunity with a spacious 14,665 sq. ft lot, this property offers excellent potential for a new multi-family residential development in a high-demand area or use residential financing and add additional ADU's. Significant Rental Upside with one (1) 2 bedroom + 1 bathroom unit delivered vacant, which features views of downtown LA skyline. Short distance from USC Keck, Cal State LA, ELAC, new 6th street bridge, City Terrace, Arts District, Boyle Heights, Chinatown, Monterey Park, and Downtown LA. Surrounded by amenities such as but not limited to: Union Station, Crypto.com Arena, Monterey Park Golf Club, Montebello Country Club, Dodger Stadium, University of Southern California and more. Centrally located near major freeways, including I-710, I-5, I-101, I-10, and CA-60
Location
State CA
County Los Angeles
Interior
Fireplace No
Laundry Gas Dryer Hookup, Other
Building
Water Public
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Adam Shoop
Broker Associate at Exp Realty | Lic# 1782227