Property Detail

2116 54th

Los Angeles CA 90062

$749,000

Status: Active

Property Details

Description

Mixed-Use 5 Unit Commercial Property | Retail + Residential | Owner-User or Investor Opportunity Well-located mixed-use retail and multifamily property offering excellent owner-user and value-add potential. The property consists of a 3,305 square foot building situated on a 3,250 square foot lot and includes two ground-floor retail spaces and three residential units. The residential unit mix includes one studio and two one-bedroom/one-bath units, with two of the residential units renovated. The two ground-floor commercial units have been fully remodeled, including new windows, and are ready for immediate use, providing flexibility for an owner-operator or future leasing. A two-car garage is included and may be used by an owner-user or leased separately for additional income. This property presents a strong opportunity for a buyer seeking a live/work configuration, as well as for an investor looking to lease vacant or underperforming units and increase income over time. Conveniently located in the Chesterfield Square area of Los Angeles, with close proximity to public transportation and easy access to the 110 Freeway, offering direct connectivity to Downtown Los Angeles and surrounding metropolitan areas. Buyer to conduct all due diligence regarding use, zoning, permits, unit count, square footage, and condition. Information deemed reliable but not guaranteed.

Map Location

Stowell & Associates

Stowell & Associates

CA DRE# 01397481
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