The opportunities abound for this mixed use property! Built in 1905, this 3,422 SF property consists of (1) 4 Bed + 1 Bath Apt, (1) 2 Bed + 1 Bath Apt, (2) Ground Floor Retail Units, and a bonus commercial studio. The two ground floor retail units are on a month to month lease giving a buyer immediate rental upside potential! The 4 Bed + 1 Bath unit has a balcony w/view, attic, and is in remodeled condition with granite countertops, tile floors & cherry cabinets. Property features include new exterior paint, new asphalt in parking lot, new low maintenance and eco-friendly landscaping, private yard & patio for 2br bungalow, and excellent signage opportunity. THIS PROPERTY IS EXTREMELY CLOSE TO THE NEW UP-AND-COMING SHOPS, RESTAURANTS, BARS AND MORE ALONG FIGUEROA. Highland Park is on the rise! Many new retailers slated to open within the next 2-7 blocks of this property will probably even further improve the income potential and thus investment value of this property.
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