8911 S Western Avenue
Los Angeles, CA 90047
Active for $595,000
Beds: 1 Baths: 1 Structure Size: 2,058 sqft Lot Size: 2,813 sqft
MLS | 24414225 |
Year Built | 1947 |
Property Type | |
County | Los Angeles |
Status | Active |
Active | $595,000 |
Structure Size | 2,058 sqft |
Lot Size | 2,813 sqft |
Beds | 1 |
Baths | 1 |
Description
We are pleased to present a 3-unit mixed-use property located on 8911 S Western Ave in Los Angeles. The property consists of two separate structures, with the front building consisting of two commercial storefront units, 726 SF each, with a 1BD+1BA residential bungalow in the rear with alley access, built in 1947 and 1948, respectively. With 2 VACANT units (1 commercial and 1 residential), the property provides a unique opportunity for multiple strategies. Through a value-add strategy, a new owner will have the ability to operate at a 6+% CAP rate at an affordable purchase price. Contact the listing agent for additional information.
Listing information courtesy of: Casey Lins, Kidder Mathews of California, Inc. 714-333-6768. *Based on information from the Association of REALTORS/Multiple Listing as of 11/22/2024 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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.