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Key Details
Sold Price $695,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
MLS Listing ID DW21049323
Sold Date 09/28/21
HOA Y/N No
Year Built 1910
Lot Size 6,307 Sqft
Property Description
Live/Work Opportunity! The subject property features a spacious 3 bedroom, 2 bathroom home, a manager's office, and a parking lot that accommodates approximately 15-18 mid-size vehicles. The large lot is commercially zoned LCM2 Heavy Manufacturing. It is currently being used as an Automobile Repair Service Shop. This property produces steady income from the residential rental building, the parking lot, and the body shop. 100% leased; month-to-month tenants with low maintenance costs. Commercial tenants have good visibility from Alameda Ave. Great opportunity for Investor/Owner operator to increase investment return with additional income. Situated in the fast-growing neighborhood of Huntington Park, close to city transportation, shopping areas, restaurants, schools, stores.
Location
State CA
County Los Angeles
Area T5 - Walnutpk, Huntpk, Bell N Of Florence, And Cud
Zoning LCM2
Interior
Fireplace No
Laundry In Kitchen
Exterior
Fence Block, Brick
Total Parking Spaces 15
Building
Lot Description 0-1 Unit/Acre
Water Public
Others
Tax ID 6202040022
Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange
Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange
Financing Private
Special Listing Condition Standard
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Bought with General NONMEMBER • NONMEMBER MRML