Investor opportunity to buy three units on a corner M-1 residential/store combination lot in Boyle Heights. The property has no tenants in the two residential units with two bedrooms, one bathroom each. Each has a front and rear door. Last rents paid by the tenant's were $1200.00 per unit. A restaurant/store operated in the third unit for over 20 years. No restaurant has operated at that location for over 10 years. The rear location accessed from Kearney St. is rented to an auto body repair shop for $1,100.00 per month. Located within an Enterprise Zone, which allows for reduced parking and increased FAR, one block from a large public learning center and metro transit stop, within 10 minutes from the L.A. Civic Center. Per ZIMAS the General plan use is Limited Manufacturing, in a River Improvement Overlay District, East Los Angeles State Enterprise Zone & Adelante Eastside Redevelopment Project. Buyer must verify ALL of the zoning/planning information. SOLD AS IS.
Off market
$918,600
163 N Mission Rd, Los Angeles, CA 90033
3beds
2baths
1,601sqft
SingleFamily
Built in ----
6,357 Square Feet Lot
$918,600 Zestimate®
$574/sqft
$3,639 Estimated rent
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Estimated market value
$918,600