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3551 S Western Avenue
USD 3,199,000
Property ID: 25476693
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3551 S Western Avenue ,90018
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icon 12231 SqFt
icon Built in 1957
icon USD 262/SqFt
icon 0 Bed
icon 18 Full
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Location
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Interior Details
Bedrooms
0
Bathrooms
18
Interior Size
8000
Construction Details
Property Type --
Property Condition --
Architectural Style --
New Construction --
Year Built 1957
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Detailed Introduction Of This Home
Excellent incoming producing property sitting on two commercially zoned lots with 22 parking spaces, 14 residential studio units, on the top floor, and three commercial spaces on the bottom floor. Run your business from the bottom floor while the residential tenants pay you for your building! Monthly income of nearly 29K! Incredible CAP and GRM! In a booming pocket of LA in the heart of where the Olympics will take place in 2028. Don't miss this value add property with plenty of upside. All commercial units pay for their electricity. Restaurant can be charged for garbage. 33.3 % of the occupied residential units pay a flat fee for utilities which can be adjusted if needed. Utilities are not included in their lease agreement. 5 units are government subsidized with Section 8 (4 HACLA, 1 HACOLA).
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Contact Development/Agent
Cissy Tang
TEL: (+1)626 9868**** icon
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Contact Development/Agent
icon
Cissy Tang
(+1)626 9868**** icon
Please enter your nationality
+87
Cannot be empty
Email address is invalid Email address not authenticated!
Cissy Tang
(+1)626 9868**** icon
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Photos (38)
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3551 S Western Avenue
USD 3,199,000 0 Beds
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