La Moda Beauty Salon, mixed use property on Beverly Blvd in EastLA. The property consists of ground floor retail and a 2nd story 2br + 1ba apartment. Both units are leased to the same tenant for a total income of $1,400/month, which is significantly under market. Luckily, there is no lease in place and the tenant is MTM, making this an excellent opportunity for owner-users and investors! Built in 1961, the property consists of 2,006 SF on a 2,590 SF lot. There is a rear 1 car garage and 4 tandem parking spaces. Both units are separately metered for gas and electric, and have separate hot water heaters. The apartment has an open kitchen with a skylight, in-unit washer and dryer hookups, new carpet, and a large balcony overlooking Beverly. The retail is built out as a beauty salon with 4 stations, 3 sinks, private treatment room & bathroom with shower. This pride of ownership property has significant rental upside and is located in an area of EastLA that is experiencing revitalization!
This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.
