Ground floor retail: 7,355 sf, month-to-month tenants. User occupy for creative office/industrial or Convert to 5 to 13 ADU - Accessory Dwelling Units apartments that do not require additional parking - Buyer to confirm.
Second floor: 13 apartments, currently leased, providing income. Located 4 blocks northeast of USC - University of Southern California. Ideal for mixed use, contractors, schools, churches, clinics, art galleries, or industrial manufacturing.
For Sale $4,000,000 or $272/sf! Occupy Up to 7,355 SF Ground Floor Retail with Your Business: Five units. 14,711 SF Building. 8 Parking Spaces.
Apx. 11’ ceiling. Walls can be opened up to connect throughout. Five Month to Month stores. Tenants pay electricity expense.
Collect Additional $14,621/month Apartment Investment Income: 13 units
4 blocks northeast of USC. 100% occupied 18 units.
Mixed use, income producing opportunity. 2-story building.
10,925 sf land. Opportunity zone.
Actual $171,696 annual net operating income. Actual 4.3% capitalization rate of return.
Heavy traffic location. Northwest corner of Grand Avenue and 31st Street.
Projected pro forma $186,335 annual net operating income. Pro forma 4.7% capitalization rate of return. .
109.25' frontage on Grand Avenue and 100' on 31st Street.
Just 3 blocks east of the USC Campus. 1-mile south of the Santa Monica (I-10) Freeway and Downtown Los Angeles — 1-1/2 miles south of Crypto.com Arena and LA LIVE