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Property Description

DO NOT WALK THE PROPERTY OR DISRUPT TENANTS. CONTACT LISTING TEAM FOR DETAILS. We are pleased to offer for sale a mixed use two unit commercial building located at 3414 Fowler Street. The subject property is located East of Soto Street and North of the 10 Freeway. The building is within an 8-minute drive to the heart of Downtown Los Angeles, offering a slew of vibrant restaurants, cafes, bars, theaters, grocery stores, gyms, and entertainment choices. The location also provides strong employment drivers like University of Southern California Health Campus, Los Angeles General Medical Center, and East Los Angeles College. Situated on a 4,844 square foot corner lot, the property is comprised of one one-bedroom apartment and a commercial retail unit. The property’s retail component serves a lot of the surrounding businesses through its convenient store tenant. There is more than 71% rental upside through interior renovations. 3414 Fowler St presents investors a unique opportunity to attain a rare mixed-use asset in an up-and-coming pocket of East Los Angeles that is a short distance to the most attractive thoroughfare in the submarket. This area is currently undergoing a burgeoning gentrification that will support continued rental growth for a new investor who is looking to capitalize on the value-add potential this asset offers.

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2
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Additional Information
Marcus & Millichap
0
CLW-C107850
CLW-X7515101
Sean
5224015012
: Standard
Two
32

Multi-Family For Sale

3414 Fowler Street, Los Angeles, California 90063

2,568 Sqft
$750,000
Listing ID #24434885
Basic Details
Status : Active
DaysOnMarket : 8
Property Type : Multi-Family
Listing Type : For Sale
Listing ID : 24434885
Price : $750,000
Living Area : 2,568 Sqft
Lot Size : 4,844 Sqft
Year Built : 1941
Country : US
State : California
County : Los Angeles
City : Los Angeles
Zipcode : 90063
Price Per Square Foot : $292
ModificationTimestamp : 2024-09-11 05:04:51
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