Property Description

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.

Features
: Fireplace(s)
0
: Curbs, Sidewalks, Storm Drains, Street Lights
Additional Information
Apex Properties
0
DWGUTBEN
YAPX
Benjamin
5174016024
: Standard
32

Multi-Family For Sale

1900 E 1st St, Los Angeles, California 90033

1,899 Sqft
$795,000
Listing ID #DW22129546
Basic Details
Status : Active
DaysOnMarket : 0
Property Type : Multi-Family
Listing Type : For Sale
Listing ID : DW22129546
Price : $795,000
Living Area : 1,899 Sqft
Lot Size : 4,945 Sqft
Year Built : 1960
Country : US
State : California
County : Los Angeles
City : Los Angeles
Zipcode : 90033
Price Per Square Foot : $419
ModificationTimestamp : 2022-06-15 14:33:29
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