Listed for $4,150,000
Sold for $3,850,000
Bldg Sq ft: 18,350
Lot Size: 26,541
22 On Site Parking Spaces
Represented Buyer
All Cash Deal
Listed for $1,395,000
Amazing development opportunity located on the corner of Melrose and Edgemont. Zoned C2-1D Tier 3 giving a developer the right to build 31 units mixed use. or maximizing density by building up to 70 UNITS 100% low income housing. Beautiful corner lot with 127' of frontage on Melrose Blvd ready to be built. Property is currently occupied by a tenant paying $4,500 a month giving a developer rental income while getting plans and permits. Located in a prime location of Los Angeles just minutes away from Hollywood Blvd.
ED1 (Low Income Housing) and Eligible site for reduced parking.
Listed for $2,650,000
Great opportunity for an investor. Pro Forma Cap rate 8%. 4 of the 6 tenants are on a MTM lease giving a new owner an opportunity to capitalize on tremendous upside immediately. Billboard on site is not allowed on new developments. Billboard is only paying $314 a month..market rate for a billboard of that size is about $4,000. All tenants are on a NNN lease giving an investor true passive income with little management.
Seller is highly motivated!
Listed for $1,395,000
Vacant warehouse for sale in prime Commerce location. Perfect opportunity for an owner user to occupy or redevelop the space to fit their use. Buyer to comply with seller's 1031 exchange.
Motivated Seller
Listed for $4,495,000
Owner User/ Investor
One Retail tenant in the front and five industrial spaces in the back. Industrial tenants are all on a MTM lease. Spray booth on site. Plenty of parking and monument signage on site. Perfect opportunity for an owner user to occupy a portion of the space and benefit from the rental income of the other units.