Description
The subject is a mixed-use, commercial and residential property located in Los Angeles. It consists of one office, currently used as a beauty shop, containing 371 square feet and three one-bedroom apartments of approximately 600 square feet each. The investment is producing $4,981 per month and there is significant upside in the rents. The structures were built in 1945 and 1953, respectively. The site is located on the corner of Slauson and Keniston, in the popular and highly sought after, Windsor Hills submarket. It is in the County and is zoned LCC2YY. There is garage parking with alley access and one of the apartments is located above the garage. The property is listed at an attractive 5.43% CAP with a Market CAP of 7.09%. This one will not last.
-
3BEDS
-
0.08ACRES
-
0BATHS
-
01/2 BATHS
-
2,171SQFT
-
$368$/SQFT
School Ratings & Info
Description
The subject is a mixed-use, commercial and residential property located in Los Angeles. It consists of one office, currently used as a beauty shop, containing 371 square feet and three one-bedroom apartments of approximately 600 square feet each. The investment is producing $4,981 per month and there is significant upside in the rents. The structures were built in 1945 and 1953, respectively. The site is located on the corner of Slauson and Keniston, in the popular and highly sought after, Windsor Hills submarket. It is in the County and is zoned LCC2YY. There is garage parking with alley access and one of the apartments is located above the garage. The property is listed at an attractive 5.43% CAP with a Market CAP of 7.09%. This one will not last.
Based on information from California Regional Multiple Listing Service, Inc. as of 2023-03-31T00:28:44.623. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Zia Group | eXp Realty. Licensed in the State of California, USA.