Price slashed! Seller very motivated! The property consists of two buildings totaling 3,952± SF with a small parking area (a bonus third building, approximately 1,848 SF, is not included in the 3,952± square footage. Its permit status is uncertain; buyer to verify with the City and all relevant agencies). Currently occupied by 4 tenants with an annual gross income of $61,400. Value add opportunity! Great Pico/Union commercial location with very heavy vehicle traffic (22,726 vehicles per day). Just minutes west of Downtown Los Angeles, the LA Convention Center, LA LIVE and Crypto.com Arena. The area has good demographics. Located in a Designated Qualified Opportunity Zone, which offers tax benefits. Potential for future development. Western Avenue is situated 3/4-mile to the west, and Hoover Street is 3/4-mile to the east, and the Santa Monica (I-10) Freeway is 3/4-mile to the south. Easy access to Downtown Los Angeles, Koreatown, and USC.