Seller Financing Available. Here is the perfect opportunity to add to your investment portfolio in booming Point Breeze. This 2632 sq.ft corner property offers the remainder of a 10 Year Tax Abatement so no need to worry about the reassessments. The entire building is completely renovated and boasts modern finishes throughout. The building is comprised of a commercial first level and two stunning units on the second floor. The commercial space is open concept, has a backyard patio and includes the basement for additional storage needs. Both upper units are 1 bedroom 1 bath and both are currently rented for $1099 and commercial property could be rented at $2500 - total is $4700/month - $56,400 annually.
The income description goes here to explain
List Price | $479,000 |
Property Type | Flex Space |
Usable Sqft | Unknown |
Number of Stories | 0 stories |
Parking Spots | 0 spots |
Year Built | 1920 |
Last Sold | Unknown |
Sold Price | Unknown |
APN # | 882006830 |
MLS # | PAPH2242930 |
Property ID | 318682095 |
Lot Sqft | 1,612 |
Zoning | CMX2 |
Days on Market | 501 |
Original List Price | Unknown |
Date Updated | November 08, 2024 |
Date Created | July 13, 2023 |
Unit # | Beds | Baths | Current Rent | Proforma Rent |
Unit #1 | $56,400 | $0 |
Net Income (Yr) | $ 52,762 |
Cap Rate | 10.00% |
Sharyn Soliman an agent of . Lic #RS330729
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2708 Wilshire Blvd #197
Santa Monica, CA 90403
California ## 01956587
Florida #CQ1065233
Robert Crawford
REAL ESTATE AGENT