We are pleased to present a prime mixed-use investment opportunity in Park Mesa Heights, just south of Slauson Avenue between Crenshaw and Arlington. This property includes three separate structures: a recently remodeled retail space, a 3-bedroom, 2-bathroom house, and a 1-bedroom, 1-bathroom unit, all separately metered for gas and electricity.… Read More Situated on a 7,000+ square foot LAC2-zoned lot, it offers future development potential. The buildings currently generate $5,837 per month in rental income, with strong upside upon turnover. Priced competitively similar to duplexes in the area, this opportunity won't last long. All offers must be subject to inspection. Please do not disturb tenants. Read Less
Property listed by McAlpin & Company, Jerome McAlpin 310-437-4172
Listing Snapshot
Days Online
84
Last Updated
Property Type
Other
Beds
2
Square Ft.
2,049
Lot Size
0.16 Acres
Year Built
1923
MLS Number
25492913
Additional Details
Building
Built in 1923, Building area total: 2,049, Levels: One, Living area: 2049, 1 story, 3 buildings
Community
Gated
Cooling
None
Heating
WallFurnace
Income
Gross income: $70,044, Net operating income: $48,644
Lot
0.161 acres, 7,014 square feet, Size: 7,014
Parking
Driveway, Gated
Property
Zoning: LAC2
Security Features
GatedCommunity
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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