We are pleased to offer for sale a 12-unit (9 Residential + 3 Commercial) mixed use property located at 1906 Cimarron Street. The offering presents an investor the opportunity to acquire a vintage style brick building with substantial value-add remaining in an emerging infill neighborhood of Los Angeles. The property consists of two buildings totaling 10,010 square feet on a 7,497 square foot parcel. The unit mix is comprised of four studio units, five one-bedrooms and three commercial units. Five out of the nine residential units have been renovated and three apartments will be delivered vacant. There are four garages serving the rear building for parking. Currently all three commercial spaces are in good condition and vacant. In the last three years current ownership has invested money into a new roof, a new water heater, and a new on-site laundry room.
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
