Please see the end disclaimer... Iconic mixed-use property impacts the market for the first time in 75 years. This one-of-a-kind property with rare on-site parking offers a staggering number of possibilities, opening the door for any investor or owner-user.
The building itself features two floors, with a top floor that offers a number of multi-family one- and two-bedroom units. The ground floor includes an estimated 5,000 square feet of retail/commercial space, with expansive floor-to-ceiling elements that significantly enhance the sense of scale for each space. The total building area is estimated at 10,000 square feet.
This property is ideally located at one of the most vibrant, densely traveled intersections in Eagle Rock. The vibrancy creates a lively and active environment, with a mix of activities happening throughout the day and night.
Residents benefit from immediate access to key neighborhood amenities, including Trader Joe's, Vons, Sprouts, Target, restaurants, cafes, coffeehouses, breweries, boutiques, arts venues, schools, parks, public transportation, and major freeways.
The area continues to gentrify, drawing young professionals with its unique character and proximity to Los Angeles’ creative centers. It’s the perfect site!
DISCLAIMER: The sale of this property is unique... NO OFFERING MEMORANDUM. The property has ZERO INCOME. All five 2nd floor multi-family units are tenant occupied with no leases and zero rent paid. Tenants pay utilities excluding water. One or two units will be delivered vacant at a time not yet determined following the close of escrow. The other multi-family units will remain tenant occupied following the close of escrow unless negotiated otherwise. The ground floor store is owner occupied and its delievery date is negotiable. Please submit all offers! All offers will be reviewed and presented upon receipt! DO NOT APPROACH THE TENANTS OR THE EMPLOYEES OF THE STORE IN REFERENCE TO THE SALE!
NOTE: SALE PENDING. BACKUP OFFERS WELCOME.