Roseann Oesterreich, CRS, GRI
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Terrific opportunity for an investor to own a commercial property with three long-term tenants, consisting of a kitchen cabinet store, auto mechanic and furniture store. Tenants are well established in the neighborhood and provide stable rental income, with rent increases underway. Rental income and expenses information to be provided soon. This property is divided into three parcels, each consisting of each tenant. The purchase of all three parcels as one commercial property should be a terrific opportunity for an investor looking for stable, stress-free income in a commercial-light industrial area of Los Angeles with steadily increasing property values.
Property use is religious, includes 18 pews, holds a max occupancy of 294, 40 parking spaces, total of 4 restrooms (two men's restrooms and two women's). Sale includes 2 Parcels, additional APN# 6067-006-047, additional address is 10972 Wilmington Ave Los Angeles, CA.**Welcome to the Neighborhood: Wilmington Ave, 90059**Located in the heart of South Los Angeles, the neighborhood around Wilmington Ave offers a diverse and vibrant community for residents to enjoy. Here are some highlights of what makes this area a great place:**Schools:**Compton Avenue Elementary School (1.3 miles away),Grape Street Elementary School (0.8 miles away),Graham Elementary School (1.6 miles away),Animo Leadership Charter High School (1.9 miles away),**Attractions:**Watts Towers Arts Center: A cultural landmark featuring unique sculptures and art exhibitions.Ted Watkins Memorial Park: A spacious park offering sports fields, playgrounds, and picnic areas.Hawkins House of Burgers: A local favorite for delicious burgers and soul food cuisine.South Bay Pavilion: A nearby shopping mall with a variety of stores and dining options.
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