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Roseann Oesterreich, CRS, GRI
SOLD
$800,000
Date 09/12/2022

1900 E 1st Street
Los Angeles, CA 90033

Mixed Use
Commercial
1,899
Sq. Ft.
0.1135
Acre Lot
Listing Agent: Benjamin Gutierrez CalDRE: 02157302 - Apex Properties;
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We are pleased to present this vacant two bedroom house + occupied commercial unit located in the bustling neighborhood of Boyle Heights in East Los Angeles. The property consists of two completely separate buildings. The first building is a 2 bedroom and 1 bathroom freestanding vacant house. The second building is a small music and guitar store that has been at this location for over 15 years. Each unit has its own parking. The two units are separated by a gate and although they are on the same parcel, they feel like two separate properties. MAJOR UPSIDE POTENTIAL- The vacant house is ready to be renovated and either occupied by the new owner or rented for excellent cash flow. SHORT TERM LEASE- The commercial units lease expires on July 10th, 2023, giving added flexibility. The Tenant would like to stay if the Buyer allows. SEPERATE METERS- All utilities are separately metered including electricity, water, and gas- this keeps operating expenses as landlord extremely low.
DW22129743
Commercial - Mixed Use, Other
1960
Los Angeles
0.1135 Acres
Public
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The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100

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Listing Agent: Benjamin Gutierrez CalDRE: 02157302 - Apex Properties;
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