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Property Description
We are pleased to present a 3-unit mixed-use property located on 8911 S Western Ave in Los Angeles. The property consists of two separate structures, with the front building consisting of two commercial storefront units, 726 SF each, with a 1BD+1BA residential bungalow in the rear with alley access, built in 1947 and 1948, respectively. With 2 VACANT units (1 commercial and 1 residential), the property provides a unique opportunity for multiple strategies. Through a value-add strategy, a new owner will have the ability to operate at a 6+% CAP rate at an affordable purchase price. Contact the listing agent for additional information.
Features
: Wall Furnace
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0
Additional Information
Kidder Mathews of California, Inc.
0
CLW-C128038
CLW-X82410
Casey
6036017003
: Standard
One
32
Multi-Family For Sale
8911 Western Avenue, Los Angeles, California 90047
2,058 Sqft
$595,000
Listing ID #24414225
Basic Details
Status : Active
DaysOnMarket : 8
Property Type : Multi-Family
Listing Type : For Sale
Listing ID : 24414225
Price : $595,000
Living Area : 2,058 Sqft
Lot Size : 2,813 Sqft
Year Built : 1947
Country : US
State : California
County : Los Angeles
City : Los Angeles
Zipcode : 90047
Price Per Square Foot : $289
ModificationTimestamp : 2024-07-19 05:12:48