Description
Great investment opportunity with huge potential, Existing VACANT Mix use 2 unit property, Renovations includes new electrical panels, kitchen, flooring, paint etc, Existing billboard with $200 monthly income, Full set of Plans to add a 2 bedroom 2 bath ADU. Commercial unit in front performa rent of $2000, Existing 2 Bed 1 bath residential unit behind commercial space, fully remodeled, performa rent of $2452 (section 8), total income for existing building $55,824 yearly. Plans for the ADU unit 2 bed + 2 bath has been submitted and will be delivered RTI for at close of Escrow, additional income of $ 2,500 which will bring it to $7152 monthly or $ 85,800 Yearly. Great source of income. ALL VACANT, Choose your own tenant, live and work or other possibilities.
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2BEDS
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0.06ACRES
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0BATHS
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01/2 BATHS
School Ratings & Info
Description
Great investment opportunity with huge potential, Existing VACANT Mix use 2 unit property, Renovations includes new electrical panels, kitchen, flooring, paint etc, Existing billboard with $200 monthly income, Full set of Plans to add a 2 bedroom 2 bath ADU. Commercial unit in front performa rent of $2000, Existing 2 Bed 1 bath residential unit behind commercial space, fully remodeled, performa rent of $2452 (section 8), total income for existing building $55,824 yearly. Plans for the ADU unit 2 bed + 2 bath has been submitted and will be delivered RTI for at close of Escrow, additional income of $ 2,500 which will bring it to $7152 monthly or $ 85,800 Yearly. Great source of income. ALL VACANT, Choose your own tenant, live and work or other possibilities.
Based on information from the Combined LA/Westside Multiple Listing Service as of 2022-08-08T23:42:48.023. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.