New ListingAn exceptional opportunity awaits with this versatile 3,392 square foot storefront retail and residential property, ideally positioned in the heart of the historic Jefferson Park neighborhood. Rich in character and surrounded by a community known for its architectural heritage and continued growth, this unique investment offers the perfect blend of immediate income and future potential. The rear residence is currently generating $1,950 per month in rental income, creating instant cash flow while leaving room for future possibilities. The property has been well maintained over the years, with a roof replaced approximately one year and eight months ago, no known leaks, and plumbing reported to be in good condition, providing added confidence for the next owner. Tenant relocation assistance may also be considered, offering increased flexibility for investors or owner-users planning future occupancy. Whether you're looking to expand your investment portfolio, establish a business with residential income, or capitalize on the continued growth of this desirable neighborhood, this property presents a rare opportunity with lasting value.
| MLS # | SB26166529 |
|---|---|
| Listing Type | For Sale |
| Style | Business |
| Sub-Type | Resale |
| Status | Active |
| Year | 1931 |
| Days On Site | 7 |
| Listing Provided By | Real Brokerage Technologies, Inc. | Abigail Yeboah |
| SQ Feet | 3,392 |
|---|---|
| Story(s) | 1 |
| Units | 2 |
| Building(s) | 1 |
| Acreage | 0.14 |
| Cooling | Central Air |
|---|---|
| Heating | Central |
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
| Roof | Flat Tile |
|---|---|
| Security Features | Carbon Monoxide Detectors, Smoke Detectors, Security Lights |
| Construction Materials | Drywall, Frame, Glass, Concrete, Plaster |
| Lot Features | Zero To One Unit Acre, Level, Paved |
| Fencing | None |
| Utilities | Cable Available, Electricity Connected, Natural Gas Available, Phone Available, Sewer Connected, Water Connected |
|---|---|
| Electric | Standard |
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90018 |
| Area | PHHT Park Hills Heights |
| Listing VS Median (in 90018) | |
Price: $1,750,000 low | high Med: $1,340,000 sqft: 3,392 low | high Med: 3,144 $ / sqft: $516 low | high Med: $426 On site: 7 low | high Med: 35 | |
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90018 |
| Area | PHHT Park Hills Heights |
| Listing VS Median (in 90018) | |
Price: $1,750,000 low | high Med: $1,340,000 sqft: 3,392 low | high Med: 3,144 $ / sqft: $516 low | high Med: $426 On site: 7 low | high Med: 35 | |