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$1,800,000
Est. payment /mo
6,642 Sqft Lot
UPDATED:
Key Details
Property Type Single Family Home, Multi-Family
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID SR26184380
HOA Y/N No
Year Built 1949
Lot Size 6,642 Sqft
Property Sub-Type Mixed Use
Property Description
Exceptional mixed-use investment opportunity near Koreatown, prominently located along the busy Pico Boulevard corridor near Crenshaw Boulevard. The property features two separate two-story buildings with a total of five income-producing spaces, including four residential units and one ground-floor commercial space fronting Pico Boulevard. Three units are currently vacant, offering immediate leasing opportunities at market rents, while two residential units are occupied by long-term, month-to-month tenants. The offering also includes the adjoining commercial address at 4317 W Pico Boulevard, creating a versatile mixed-use setup with residential, retail, office, or service-oriented potential. The commercial space was previously used as a flower shop and, before that, by a plumbing business, giving future occupants and buyers a sense of the property's prior commercial utility and flexibility. Additional highlights include parking for approximately six vehicles, with two tandem spaces in front and approximately four to five side-by-side spaces toward the rear, plus a private courtyard between the buildings. Tenants pay their own electricity and gas, while the owner pays water, helping to keep operating expenses manageable. Conveniently located near restaurants, shops, businesses, public transportation, and major employment centers, this property presents an excellent opportunity for investors, owner-users, or developers seeking income potential and flexibility in a high-visibility Los Angeles location. Buyer to independently verify unit configuration, addresses, permitted uses, zoning, parking, utilities, expenses, and development potential.
Location
State CA
County Los Angeles
Area C16 - Mid Los Angeles
Interior
Fireplace No
Laundry None
Exterior
Parking Features Assigned, Driveway, Gated
Pool None
Community Features Curbs, Street Lights
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 5082022004
Acceptable Financing Cash, Cash to New Loan, Conventional, Submit
Listing Terms Cash, Cash to New Loan, Conventional, Submit
Special Listing Condition Standard
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Listed by Sandro Bononi LPT Realty, Inc sandrobononi@me.com, DRE #01401037
Nearby Locations
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