Los Angeles CA Real Estate & Commercial for Sale

Come take a look at this property located in the heart of Los Angeles. Conveniently located on the corner of two major cross streets of North Gage St. and Downey Rd. Property cash flows immediately with two current tenants. A meat market/grocery store, private warehouse and separate bakery. Property comes with private parking lot to maximize customer traffic.

920 N Bonnie Beach Place is a commercial kitchen, 625 square feet, situated on a 3,444 square foot corner lot with a tenant currently on a month-to-month lease with the desire to stay. With the changing landscape in how we access food, this property is strategically set up to perform for the long term. The asset is located directly across the street from William Anton Elementary School, and is zoned R2/LCK2* while also being in an Opportunity Zone. This provides for future or current tac benefits that are extremely desirable and rare. The neighborhood of City Terrace is part of incorporated East Los Angeles. Metro's E Line (light rail) along with Metro's bus service connects residents and patrons throughout LA with convenient transportation. This deal is perfect for an investor seeking a secure, performing property, with value-add and development potential. An owner-user in the food delivery space could find this to be the best home for their business due to the location's proximity to DTLA, the 10 fwy, 710, 101 and the I5. You don't want to miss this opportunity to own a slice of LA's thriving real estate market!

The current ownership has owned the subject property since 1987. Currently the property is occupied by three (3) tenants & one (1) billboard lease. All the current tenants are on a Month-To-Month lease term. Current annual rental income is estimated to be $53,084.00.The property has an easement or right of way over the neighboring property, making parking in the rear accessible.3009 Wabash Avenue is opportunity to purchase a multi-tenant street retail/commercial single-story building that consist of 3,850+/- square feet located on a lot size of 9,338+/- square feet of semi-improved land zoned C2 Commercial Zone, with 70 linear feet along Wabash Ave. C2 zoning provides a wide range of uses, for example any use permitted in the C1.5, C1 and CR, Carpenter, plumbing or sheet metal shop, Catering shop, Interior decorating or upholstering shop and Restaurant.Retail Repositioning Opportunity: With the potential to construct up to 25 residential units, there is a significant opportunity for retail repositioning. According to the Los Angeles City Planning guidelines, projects considering an affordable housing component can benefit from several incentives allowing for an increase in density without requiring a zone change or a variance. These incentives include the TOC program or the State Density Bonus Program. Under the TOC program, 100% Affordable Housing Projects can potentially elevate their Tier designation. For instance, instead of its current Tier 1 designation, this property might qualify for Tier 2. According to TOC Guidelines, the Tier 2 increase in density could reach up to 40%.Don't let this exceptional investment opportunity slip away. Contact us today to explore the potential of this prime commercial property.Location OverviewLocated just minutes from Downtown L.A., Little Tokyo, and the Arts District, 3009 Wabash Ave, Los Angeles, CA 90063 is situated on a nearly 9,338 SF lot with C2-1-CUGU, Tier 1 T.O.C. Zoning, offering thepossibility of future development. The offering benefits from ample parking, a 94 Walk Score, over 8,494 cars passing by daily, and is situated in the high-density rental market of Boyle Heights.

Fantastic Investment Opportunity: Mix-Use Property with Strong Income PotentialWelcome to this exceptional income property, perfectly suited for savvy investors seeking a lucrative opportunity. Currently configured as four units, this versatile mix-use property offers a range of income streams and potential for expansion.Property Highlights:Fully Renovated Upstairs Apartment: Enjoy modern living in the tastefully renovated 3-bed, 1-bath upstairs apartment, offering spacious accommodations and contemporary amenities.Established Hair Salon: A long-standing anchor tenant, the established hair salon provides steady rental income and adds value to the property.Owner-Occupied Unit: The property includes a comfortable 1-bed, 1-bath unit ideal for an owner-user or as additional rental income.Studio Apartment: A cozy studio apartment completes the current rental offerings, providing diversity in tenant options.Expansion Potential: With ample space on the lot, there's exciting potential to expand the property and add more units, maximizing the income potential.Don't miss out on this exceptional opportunity to own a lucrative income property with endless potential. Schedule a viewing today and unlock the possibilities! Buyer to verify SqFT & units

Excellent business opportunity in a well commercial area. It consists of two structures.This property is conveniently located close to the 10 and 710 freeways, downtown Los Angeles and the metro. It offers great potential for rentals.

Great Investment Opportunity. Mixed Use Property. Current use is a restaurant in the front and residential units but best and approved use is retail/store/offices. Run your business in the front and rent out the other office spaces. All units currently occupied. Seller will do his best to deliver vacant or get a discount if you take them occupied. Ample parking in the rear of the property. Seller is motivated.