Property Detail

Description

THIS IS A MIX-USE (RMU4 A-Series), consisting of front commercial (1329 Atlantic-currently used as Hair Salon) and recently renovated CRAFTSMAN 4 bedroom, 2 bath home (County shows 3 bedrooms) at the rear (1331 Atlantic). Steps from transportation, shopping, St. Mary’s hospital, schools (Poly Tech), and many other amenities. Close to LB City College, 710 and 405 freeways. Plenty of off street parking House has newer roof, double pane windows, kitchen with quartz countertop, W/D included, newer central furnace, fully fenced, plus many other upgrades. One bedroom has a separate entry and can be used as an office or…. Commercial can be converted to an ADU. Per City, a secondary ADU is also permissible. NOT SUBJECT TO RENT CONTROL. Live in the house and have commercial assist with mortgage payment. Buyer to investigate other uses such as elderly or other type of housing or Airbnb. Fireplace not functional. Commercial has Ductless AC. BONUS 1: Oil and gas royalties are included in the sale. BONUS 2: Recent RMU4 Zoning (Residential Mixed Use) allows for unrestricted density of up to 5 stories + ADU allowances. Parking will be optional for a new development. Buyer must confirm with the City. See also: OC25046753, OC25048259 The information provided here is deemed reliable but is not guaranteed. Buyer is advised to independently verify any and all information related to the property. Owner/Agent