3616 W Washington Blvd Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90018
Key Details
Property Type Commercial
Sub Type Specialty
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 6,320 sqft
Price per Sqft $142
MLS Listing ID 25513419
Year Built 1922
Lot Size 7,503 Sqft
Acres 0.1722
Property Sub-Type Specialty
Property Description
Investor's Opportunity ***Mixed-Use Building with Strong Upside Potential*** Unlock the potential of this income-producing mixed-use property, perfectly positioned for value-add investors. This two-story building features three commercial units on the ground floor- ideal for retail, office, or service-based businesses and eight residential units on the second level, offering a steady stream of rental income. Key property highlights: *New roof (2024) recently replaced, reducing immediate capital expenditures. *New water heater (2023) upgraded for efficiency and tenant satisfaction. *Secured parking lot with 8 dedicated spaces a rare and valuable amenity. *Prime layout for multiple revenue streams diversify your portfolio with both commercial and residential tenants.* While the building needs some work, it presents a tremendous value-add opportunity for the right investor to renovate and increase rents or reposition the asset entirely. Whether you're a seasoned investor or looking for your next project with high return potential, this property delivers on location, flexibility, and long-term upside. Rent roll upon request.
Location
State CA
County Los Angeles
Area Mid Los Angeles
Zoning LACM
Others
Special Listing Condition Standard
Virtual Tour https://my.matterport.com/show/?m=aNF4D2YBzE8&mls=1