Discover an incredible investment opportunity in the heart of vibrant Cypress Park! This versatile property features two commercial units at street level, perfect for retail, office, or creative space, offering excellent visibility and foot traffic along Cypress Ave. Above the commercial spaces, you’ll find five residential apartments. The apartments boast a mix of layouts and size. Located in the highly sought-after Cypress Park neighborhood, this property benefits from a thriving local community and proximity to some of Los Angeles’ most exciting attractions. Just minutes away, enjoy the eclectic shops, trendy cafés, and popular eateries of Highland Park, Frogtown, and Glassell Park. Outdoor enthusiasts will love the nearby Los Angeles River Bike Path and access to sprawling parks like Elysian Park and Rio de Los Angeles State Park. With a unique blend of historic charm and a rapidly emerging cultural scene, Cypress Park is quickly becoming one of the city’s most desirable places to live, work, and play. With easy access to major freeways, public transportation, and a steady influx of creative professionals and young families, this multi-use property is ideally positioned to capitalize on the area’s continued growth. A rare find with significant income potential, this is a must-see for savvy investors looking to secure a cornerstone in one of Los Angeles’ most dynamic neighborhoods!
Property Details
Price:
$1,400,000
MLS #:
PW25017146
Status:
Active Under Contract
Baths:
0
Address:
3304 Pepper Avenue
Type:
Residential Income
Subtype:
Commercial/Residential
Neighborhood:
cypkcypresspark
City:
Los Angeles
Listed Date:
Jan 17, 2025
State:
CA
ZIP:
90065
Lot Size:
5,621 sqft / 0.13 acres (approx)
Year Built:
1914
Schools
Interior
Cooling
None
Fireplace Features
None
Heating
Forced Air
Exterior
Community Features
Sidewalks, Street Lights
Garage Spaces
0.00
Lot Features
Corner Lot
Parking Features
None
Parking Spots
0.00
Pool Features
None
Sewer
Public Sewer
Spa Features
None
Stories Total
2
View
None
Water Source
Public
Financial
Association Fee
0.00
Tenant Pays
Cable T V, Electricity, Gas
Map
Contact Us
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3304 Pepper Avenue
Los Angeles, CA
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