PRIME INVESTMENT OPPORTUNITY: MIXED-USE PROPERTY WITH SIGNIFICANT UPSIDE POTENTIAL
This substantial 3,753 sq ft three-story mixed-use property presents a remarkable value for the serious investor. Currently configured with one commercial unit on the ground floor and three residential apartments above, this property offers immediate redevelopment potential.
Property Highlights:
Zoned for multiple units with versatile configuration options
Spacious second and third floors can be configured as 3 residential units per floor
First floor layout suitable for division into two separate commercial spaces
Excellent opportunity to reimagine and maximize rental income
This blank-canvas property is standing by for comprehensive renovation, making it perfect for investors seeking to create value through strategic rehabilitation. Previous ground floor business ceased operations in 2020 due to COVID, and the motivated seller is ready for retirement, creating an advantageous buying opportunity.
Schedule your viewing today with your contractor to envision the possibilities this promising investment holds. Properties with this potential rarely remain available for long.
The income description goes here to explain
List Price | $409,900 |
Property Type | Fourplex (4-units) |
Usable Sqft | 3,753 |
Number of Stories | 3 stories |
Parking Spots | 0 spots |
Year Built | 1915 |
Last Sold | Unknown |
Sold Price | Unknown |
APN # | 871600550 |
MLS # | PAPH2449082 |
Property ID | 321297715 |
Lot Sqft | 2,284 |
Zoning | CMX1 |
Total Units | 4 |
Days on Market | 16 |
Original List Price | Unknown |
Date Updated | February 24, 2025 |
Date Created | February 23, 2025 |
Daniel G Loza an agent of . Lic #RM422588
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2708 Wilshire Blvd #197
Santa Monica, CA 90403
California ## 01956587
Florida #CQ1065233
Robert Crawford
REAL ESTATE AGENT