This property presents an exceptional owner-user or investment opportunity in a thriving and diverse neighborhood. This mixed-use retail and office building, constructed in 1951, offers 1,125 square feet of gross building area on a lot size of approximately 2,750 square feet. The property is zoned C2, allowing for a wide range of commercial uses and potential for future expansion or redevelopment.
The property is situated in the heart of Los Angeles, near major attractions and transportation hubs. Nearby points of interest include the iconic Hollywood Park Casino (2.5 miles), and the SoFi Stadium (3.1 miles). The property is easily accessible via the I-110 and I-105 freeways, and is just 3.2 miles from the Los Angeles International Airport, providing convenient access for both local and out-of-town visitors.
The Los Angeles real estate market continues to show robust growth, driven by the city's strong economy, steady job growth, and diverse population. The retail and office sectors, in particular, have seen increased interest from investors and owner-users due to their potential for stable income and long-term appreciation. This property's strategic location and attractive demographics make it a prime target for commercial real estate investment or for an owner-user looking to establish their business in a prime location.