Description
Incredible Owner-User or Investment opportunity to acquire a beautifully renovated late 19th century mixed use property and the adjacent parking lot (APN: 5492-036-032) in highly desirable Highland Park. Total Land SF is +/-12,013 SF. Approximately $1.5MM invested in this meticulous renovation project. The property consists of two commercial units , tenants are a Med Spa and Hair Salon. The 4 apartments consist of two x singles, one x two bedroom, and one x three bedroom. Three of the four apartments have been completely renovated. The three bedroom is currently used as a vacation rental; the 2 bedroom has a very long term tenant which is subject to city of LA RSO. The commercial space, singles, and three bedroom can be delivered vacant at close of escrow. Additionally, commercial tenants are open to remaining for a year post COE. Conceptual plans for a 4 unit townhome development on the parking lot are included in the sale. Detailed Marketing Brochure can be downloaded from the documents section.
Location
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