Property
Beds
9
Full Baths
None
1/2 Baths
None
Year Built
1904
Sq.Footage
3,346
Excellent income-producing property featuring two separate structures on one lot with mixed-use potential. The front building is a two-story commercial structure currently leased to a child care center paying $7,500 per month, month-to-month, with a tenant ready to sign a long-term lease. The space is well-maintained and ideal for continued use as a preschool, daycare, or educational facility. The rear structure is also two stories, offering a combination of residential and auxiliary space. The upper level includes two residential units: a 1-bedroom/1-bath unit and a studio. The lower level is currently used as a playground area for the daycare. The owner is in the process of constructing a 1-bedroom ADU on the ground floor, which will add significant future income potential. The residential units will be delivered VACANT. Two separate buildings on one lot. Substantial existing income with growth potential. Commercial tenant willing to sign a long-term lease. Additional ADU under construction for added value. Convenient central Los Angeles location near major streets, schools, and public transportation. This C2 zoning property offers a rare combination of stable cash flow, development upside, and flexible use ideal for investors or owner-users seeking a multi-purpose asset in a growing area.
Features & Amenities
Interior
-
Total Bedrooms
9
-
Bathrooms
N/A
-
Heating YN
YES
-
Heating
Wall Furnace
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Parking
Driveway
-
Pool
Yes
-
Pool Features
None
-
View
City Lights
Area & Lot
-
Lot Size(acres)
0.1664
-
Property Type
Residential Income
Price
-
Sales Price
$1,800,000
-
Sq. Footage
3, 346
-
Price/SqFt
$537
HOA
-
Association
NO
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Stories
2
-
Senior Community YN
NO
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Location
County
Los Angeles
Elementary School
Middle School
High School
Listing Courtesy of Shahram Shamounpour , Keller Williams Beverly Hills
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