*** Projected Annual NOI of $430,000***Discover a rare investment opportunity with this 42-unit
historic building, in a prime, high-traffic location. Boasting 38 residential rooming units, 17 of which
having their own private bathrooms and 4 thriving commercial spaces.
The commercial units are anchored by an open and thriving bar, a cozy cafe, a fully equipped kitchen,
and a spacious restaurant/ballroom area ideal for events. In addition to a thrift shop adds to the building's
diverse tenant mix.
Included in the sale is an additional parcel just across the street, featuring a barn with its own parking lot.
With zoning approval, this versatile space could be transformed into additional storage, parking, or even
expanded living quarters, offering further potential to increase value.
This profitable property offers stable income with significant upside for the savvy investor. Additional
financials are available upon request, and all offers are welcome. Don't miss your chance to own a piece
of history with endless possibilities. Schedule your showing today!
The income description goes here to explain
List Price | $2,850,000 |
Property Type | Other |
Usable Sqft | 8,000 |
Number of Stories | 4 stories |
Parking Spots | 0 spots |
Year Built | 1890 |
Last Sold | Unknown |
Sold Price | Unknown |
APN # | 90436611576450 |
MLS # | PABK2046952 |
Property ID | 320753695 |
Lot Sqft | 18,000 |
Zoning | RES |
Total Units | 4 |
Days on Market | 258 |
Original List Price | Unknown |
Date Updated | January 07, 2025 |
Date Created | August 11, 2024 |
Financials not available online. Please inquire with your agent for more details.
Jimmy Thelusca an agent of . Lic #RS333622
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2708 Wilshire Blvd #197
Santa Monica, CA 90403
California ## 01956587
Florida #CQ1065233
Robert Crawford
REAL ESTATE AGENT