$1,600,000
About this home
Excellent income property featuring two separate structures on one lot with mixed-use potential. The front building is a two-story commercial structure with 7 bedrooms and 2 bathrooms. 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 owner is constructing a 1-bedroom ADU on the ground floor, which will add significant future income potential. Two separate buildings on one lot. Substantial existing income with growth potential. Strong tenant is paying $12,500 per month plus all utilities. 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 seeking a multi-purpose asset in a growing area.
Facts & features
- Bedrooms
- 9
- Bathrooms
- 0 full, 0 half
- Living area
- 3,346 sq ft
- Flooring
- Laminate
- Heating
- Wall Furnace
- Laundry
- None
- Levels
- Two
- Spa
- None
- Lot size
- 0.166 acres (7,248 sq ft)
- Pool
- None
- View
- City Lights
- Year built
- 1904
- Parking
- Driveway
- Parking spaces
- 4
- Area
- C 42 - Downtown L.A.
- County
- Los Angeles
- Community features
- Gated
- Status
- Active
- Property type
- Residential Income
- Days on market
- 177
- Listed
- 2025-10-16
- Original price
- $1,800,000
- Parcel #
- 5018033017
- MLS #
- 25607053
