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$ 925,000
Est. payment | /mo
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Est. payment | /mo
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID DW25182169
HOA Y/N No
Year Built 1927
Property Sub-Type Mixed Use
Property Description
EXCELLENT CASH FLOWING ASSET. 7.12% current, in place cap rate! The property consists of 2 commercial units and 2 apartments. The commercial unit is currently being used as a leather goods manufacturer. There is one large apartment unit above the leather goods unit that is 2 bedroom, 2 bath, plus bonus room. There is a second free standing 2 story apartment unit behind the front building with 1 bedroom 1 bathroom, plus a garage. The property is 100% occupied and producing very good income. The leather goods tenant is paying $2,400/mo. The large apartment is paying $2,904/ mo. The rear apartment is paying $1,900 per month. Total $7,204 per month. Tons of upgrades, including electric.
Location
State CA
County Los Angeles
Area 649 - Pico Rivera
Zoning CG
Interior
Fireplace No
Laundry None
Building
Lot Description Rectangular Lot
Story 2
Water Public
Others
Tax ID 6347026007
Special Listing Condition Standard
Listed by Christopher Comfort Apex Properties 818-917-6558
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
Suite 100 25950 Acero, Mission Viejo, California, 92691, USA