5,083 Sqft Lot
5,083 Sqft Lot
Key Details
Property Type Single Family Home
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID OC26159156
HOA Y/N No
Year Built 1922
Lot Size 5,083 Sqft
Property Sub-Type Mixed Use
Property Description
USC Patrol Zone in Los Angeles, Ca. Just blocks from the USC
campus, this investment opportunity is ideal for an owner/user
business operator looking for a prime retail space while
collecting rents from the Apts for additional income stream.
Property qualifies for SBA financing with over 52% vacancy.
The property is comprised of two structures totaling 3,592 SF
with a fully vacant 1,872sf corner retail building ideal for
immediate owner occupancy or divided into 3 retail units with
parking in the rear. The separate apartment was built in 1954 is
a two story 4 unit property totaling 1,720sf with all 1/1 units
fully occupied w/ MTM tenants & upside in the rents.
On a corner lot totaling 5,058 SF in size with C2 zoning for
multiple use allowed. Centrally Location near USC on Jefferson Blvd within the USC
Patrol Zone, near Exposition Park, LA Coliseum, DTLA,
Freeways, Restaurants & Shops. 11.3 GRM/6.5% CAP RATE.
Location
State CA
County Los Angeles
Area C37 - Metropolitan South
Interior
Heating Wall Furnace
Cooling None
Flooring Carpet, Laminate, Tile
Fireplaces Type None
Fireplace No
Laundry None
Exterior
Parking Features Concrete, Driveway
Fence Wrought Iron, Wire
Pool None
Community Features Curbs, Street Lights, Sidewalks
Utilities Available Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
Roof Type Composition,Flat,Shingle
Total Parking Spaces 6
Private Pool No
Building
Lot Description 6-10 Units/Acre
Faces South
Story 2
Entry Level Two
Foundation Raised, Slab
Sewer Public Sewer
Water Public
Architectural Style Traditional
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 5040022001
Security Features Carbon Monoxide Detector(s),Smoke Detector(s)
Acceptable Financing Cash, Cash to Existing Loan, Cash to New Loan, Conventional, 1031 Exchange
Listing Terms Cash, Cash to Existing Loan, Cash to New Loan, Conventional, 1031 Exchange
Special Listing Condition Standard
NEARBY SCHOOL & BUSINESS
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