A unique opportunity to acquire two contiguous parcels zoned LA-R2 within a designated Opportunity Zone. Comprised of three separate structures totaling 11,686sf in size, it includes a vacant house, a 4 unit multifamily, and a three story industrial building that has rooftop access with unobstructed views of Downtown LA. The entire property sits on a 12,008sf (.27 acres) corner lot w/ 150’ frontage and alley access, providing a tremendous value add opportunity for a local and experienced investor/developer to reposition or redevelop the property. The corner house is a 3bed/1.5 bath craftsman w/ a finished second floor, and is currently vacant. The industrial building is also delivered vacant and available for a potential owner/user. The 4 units are all 1 bedrooms, and one unit will be delivered vacant. The other three are currently occupied w/ MTM tenancy at below market rents. Good Location south of the 10 fwy, east of the 110 fwy, and 2 miles to USC, Exposition Park, Downtown LA, the fashion district, LA Live, Restaurants &' Shops.
Property Details
Price:
$2,200,000
MLS #:
OC25036713
Status:
Active
Baths:
0
Address:
2010 Stanford Avenue
Type:
Commercial
Subtype:
Mixed Use
Neighborhood:
c42downtownla
City:
Los Angeles
Listed Date:
Feb 19, 2025
State:
CA
ZIP:
90011
Year Built:
1912
Schools
Interior
Cooling
None
Heating
Wall Furnace
Exterior
Fencing
Wrought Iron
Parking Spots
8.00
Roof
Composition, Flat
Stories Total
3
Water Source
Public
Financial
Utilities
Cable Available, Electricity Available, Natural Gas Available, Phone Available, See Remarks, Sewer Available, Water Available
Map
Contact Us
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2010 Stanford Avenue
Los Angeles, CA
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