Deal numbers

A cap rate estimate is not available for this property yet. Ask Alex for a pro forma using comparable rent data.

Property details

Type

SingleFamilyResidence

Bedrooms

4

Building size

1,920 sqft

Lot size

4,657 sqft

Year built

1924

Stories

2

Garage spaces

0

Heating

Central

Cooling

Central Air

Pool

None

View

City Lights,Neighborhood,Hills

Status

Active

Days on market

53

MLS #

245773131

About this property

Great Investment Opportunity! Mixed-Use Property with Multiple Income Streams! Excellent opportunity to own a mixed-use commercial and residential property in Los Angeles featuring both established retail space and residential rental income. The second floor includes two 1-bedroom, 1-bathroom units, currently rented on a month-to-month basis. Both units have been updated and feature kitchens with dedicated dining areas. The ground floor features a fully operational neighborhood grocery market that has been in business for decades, along with a full bathroom and an additional room. The business is cash-flow positive and operates with one alcohol license. Seller may consider selling the grocery business separately for the right price. Additional features include a covered patio area and parking for multiple vehicles. Multiple income streams. One property. Tremendous investment potential. Located in a growing area of Los Angeles with convenient access to major freeways.

Location

801 N Marianna

Los Angeles, Los Angeles, CA, 90063