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The Warburton Team Brokered By EXp

andreww@gowpnow.com +1(626) 630-2141

$799,000

Est. payment - /mo

4 Beds

2 Baths

2,224 SqFt

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UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 2,224 sqft

Price per Sqft $359

MLS Listing ID 26838659

Bedrooms 4

HOA Y/N No

Year Built 1911

Lot Size 7,649 Sqft

Property Description

This property presents a rare mixed-use investment opportunity featuring 3 units on a single parcel, combining a retail storefront with residential income in a highly desirable East Los Angeles location between the 5 and 60 Freeways. The property consists of a vacant, appx 1,100 SF retail space, a renovated, vacant 2Br+1Ba house of appx. 728 SF, and a 2Br+1Ba apartment that is currently leased at $1,900 per month to a long term tenant. The corner market and the single-family home are currently vacant, offering a new owner the ability to set market rents, reposition the asset, or pursue an ideal owner-user strategy. The store includes a 200 SF walk-in freezer, original shelving, counters, refrigerated cases, small kitchen, storage and bathroom. It presents significant upside potential and flexibility, as this could make a wonderful neighborhood-serving market, or live/work option for a new owner to live in the house and operate their business or creative studio out of the commercial space. The renovated Spanish-style SFR features a charming interior with decorative finishes and a faux fireplace, adding character and warmth that enhances its appeal for either owner occupancy or premium rental potential. The property also includes 4 on-site driveway parking spaces & a detached garage. Positioned in a dense, high-demand rental market with close proximity to major transportation corridors, the asset benefits from strong fundamentals and long-term appreciation potential. Because the property is mixed-use, unfortunately it will not qualify for a FHA or conventional loan.

Location

State CA

County Los Angeles

Area Ela - East Los Angeles

Zoning LCR4*

Interior

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Flooring Tile

Fireplaces Type Decorative, Living Room

Fireplace Yes

Appliance Dishwasher, Disposal, Range Hood

Exterior

Parking Features Concrete, Garage, Gated, Tandem

Garage Spaces 2.0

Garage Description 2.0

Pool None

Community Features Gated

View Y/N No

View None

Roof Type Composition

Porch Covered

Total Parking Spaces 4

Private Pool No

Building

Faces West

Story 1

Entry Level One

Foundation Raised, Slab

Sewer Sewer Tap Paid

Architectural Style Spanish

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 5238010027

Security Features Carbon Monoxide Detector(s),Gated Community,Smoke Detector(s),Window Bars

Special Listing Condition Standard

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Listed by Dana Coronado Compass #01746702

NEARBY SCHOOL & BUSINESS

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600 S Ditman AVE Los Angeles, CA 90023