RETAIL FULLY VACANT! SBA Eligible. Mixed use Retail/Apt building in the USC Patrol Zone in Los Angeles, Ca. Just blocks from the USC campus, this investment opportunity is ideal for an owner/user business operator looking for a prime retail space while collecting rents from the Apts for additional income stream. Property qualifies for SBA financing with over 52% vacancy. The property is comprised of two structures totaling 3,592 SF with a fully vacant 1,872sf corner retail building ideal for immediate owner occupancy or divided into 3 retail units with parking in the rear. The separate apartment was built in 1954 is a two story 4 unit property totaling 1,720sf with all 1/1 units fully occupied w/ MTM tenants & upside in the rents. On a corner lot totaling 5,058 SF in size with C2 zoning for multiple use allowed. Centrally Location near USC on Jefferson Blvd within the USC Patrol Zone, near Exposition Park, LA Coliseum, DTLA, Freeways, Restaurants & Shops. 11.3 GRM/6.5% CAP RATE.
Listing courtesy of Listing Agent: Brian Noh (brian@nohco.com) from Listing Office: Nohco Real Estate.
Based on information from California Regional Multiple Listing Service, Inc. as of . 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
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