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$ 1,490,000
Est. payment /mo
Active
3616 W Washington BLVD Los Angeles, CA 90018
7,501 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 25513419
HOA Y/N No
Year Built 1922
Lot Size 7,501 Sqft
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 C16 - Mid Los Angeles
Zoning LACM
Interior
Fireplace No
Others
Tax ID 5060022004
Special Listing Condition Standard
Listed by Collin St Johns • Pinnacle Estate Properties - N