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4159 -4163 S Central Avenue S

Los Angeles (City), CA 90011
  • $999,000
  • STATUS: Active
  • ON SITE: 302 Days
  • ID#: IN21022186
UPDATED: 61 min ago
$999,000
  • 0
    BEDS
  • 0.17
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,892
    SQFT
  • $204
    $/SQFT
Type:
Commercial
Built:
1901
County:

School Ratings & Info

Listing Agent: Ron Green of Berkshire Hathaway


Description

Great investment opportunity! Located a block away from the Historic Dunbar Hotel in a bustling area full of small businesses and activities, a Mixed use property containing 3 store fronts and 3 apartments, 2 above the store fronts and 1 stand alone in the rear of the building. We estimate that the building could produce $11,700 in income there are 2 billboards above the building which the owner hasn't received any income from in several years the right buyer should be able to command $2000 monthly from those, also the rents on the store fronts could be increased to market value and command about $1500 monthly each and the 3 apartments should be able to command $1800, $1800 and $1600

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Based on information from California Regional Multiple Listing Service, Inc. as of 2021-12-03T14:38:34.29. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Fox Real Estate Team | HomeSmart Realty West. Licensed in the State of California, USA.
www.thefoxfactor.com/homes/113895783
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4159 -4163 S Central Avenue S Los Angeles (City), CA 90011

  • Price: $999,000
  • Status: Active
  • On Site: 302 Days
  • Updated: 61 min ago
  • ID#: IN21022186
0
Beds
0
Baths
0
½ Baths
0.17
Acres
4,892
SQFT
$204
$/SQFT
1901
Built
Neighborhood:
C34 - Los Angeles Southwest
County:
Los Angeles
Area:
C34 - Los Angeles Southwest
Property Description
Great investment opportunity! Located a block away from the Historic Dunbar Hotel in a bustling area full of small businesses and activities, a Mixed use property containing 3 store fronts and 3 apartments, 2 above the store fronts and 1 stand alone in the rear of the building. We estimate that the building could produce $11,700 in income there are 2 billboards above the building which the owner hasn't received any income from in several years the right buyer should be able to command $2000 monthly from those, also the rents on the store fronts could be increased to market value and command about $1500 monthly each and the 3 apartments should be able to command $1800, $1800 and $1600
Exterior Features

Construction Materials BrickPlasterStucco Fencing Average ConditionChain Link Lot Features 2-5 Units/Acre Other Structures Living Quarters Roof Flat Sign On Property YN No

Interior Features

Cooling None Cooling YN No Heating Wall Furnace Heating YN Yes

Property Features

Additional Parcels YN No Business Type Barber/BeautyChurchMixed Common Interest None Contingency Subject To Buyers Inspection Exclusions Any And All Personal items Belonging To Tenants Inclusions Billboard Contract For Sign Company On Top Of Building. Land Lease YN No Laundry Features None Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Cash To Existing Loan Number Of Units Leased 5 Property Sub Type Mixed Use Special Listing Conditions Standard Water Source Public Zoning Lac2



Based on information from California Regional Multiple Listing Service, Inc. as of 2021-12-03T14:38:34.29. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Fox Real Estate Team | HomeSmart Realty West. Licensed in the State of California, USA.
 
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Fox Real Estate Team | HomeSmart Realty West
300 Carlsbad Village Drive #217
Carlsbad CA, 92008
Listing Agent: Ron Green of Berkshire Hathaway