La Moda Beauty Salon, mixed use property on Beverly Blvd in EastLA. The property consists of ground floor retail and a 2nd story 2br + 1ba apartment. Both units are leased to the same tenant for a total income of $1,400/month, which is significantly under market. Luckily, there is no lease in place and the tenant is MTM, making this an excellent opportunity for owner-users and investors! Built in 1961, the property consists of 2,006 SF on a 2,590 SF lot. There is a rear 1 car garage and 4 tandem parking spaces. Both units are separately metered for gas and electric, and have separate hot water heaters. The apartment has an open kitchen with a skylight, in-unit washer and dryer hookups, new carpet, and a large balcony overlooking Beverly. The retail is built out as a beauty salon with 4 stations, 3 sinks, private treatment room & bathroom with shower. This pride of ownership property has significant rental upside and is located in an area of EastLA that is experiencing revitalization!
Sold for $615,000 on 04/05/23
$615,000
5328 E Beverly Blvd, Los Angeles, CA 90022
--beds
--baths
2,006sqft
Unknown
Built in 1961
-- sqft lot
$-- Zestimate®
$307/sqft
$2,843 Estimated rent