A fantastic residential / retail mixed use opportunity exists for the savvy investor located in the Mid City area of Los Angeles at 3406 8th Ave. This building consists of four retail storefronts and a separate two story duplex. The main building has three storefronts facing Jefferson Blvd two having approximately 600 sq ft each and the third having approximately 1,200 sq ft. A fourth storefront facing 8th Ave has approximately 1,000 sq ft and was most recently used as a barber shop. All four of the retail units will be delivered vacant! The separate two story duplex consists of two (2bd/1ba) units with faux fireplaces and a bonus room with each unit having approximately 1,200 sq ft. Both units to be delivered vacant. There is no on site parking and the building has a significant amount of deferred maintenance throughout. This investment opportunity is priced to sell at $499,000 and even when factoring in up to $100,000 in upgrades, you are still buying a great opportunity using today's market rents!
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
