Investor’s Opportunity ***Mixed-Use Building with Strong Upside Potential*** Unlock the potential of this income-producing mixed-use property, perfectly positioned for value-add investors. This two-story building features three commercial units on the ground floor- ideal for retail, office, or service-based businesses and eight residential units on the second level, offering a steady stream of rental income. Key property highlights: *New roof (2024) recently replaced, reducing immediate capital expenditures. *New water heater (2023) upgraded for efficiency and tenant satisfaction. *Secured parking lot with 8 dedicated spaces a rare and valuable amenity. *Prime layout for multiple revenue streams diversify your portfolio with both commercial and residential tenants.* While the building needs some work, it presents a tremendous value-add opportunity for the right investor to renovate and increase rents or reposition the asset entirely. Whether you’re a seasoned investor or looking for your next project with high return potential, this property delivers on location, flexibility, and long-term upside. Rent roll upon request.
Property Details
Price:
$899,000
MLS #:
25513419
Status:
Active
Baths:
0
Address:
3616 W Washington Boulevard
Type:
Commercial
Neighborhood:
c16midlosangeles
City:
Los Angeles
Listed Date:
Mar 18, 2025
State:
CA
ZIP:
90018
Year Built:
1922
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3616 W Washington Boulevard
Los Angeles, CA
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