2922-2924 E Maple Ave - Storefront Retail/Residential FOR SALE
Los Angeles, CA 90011- Southeast Los Angeles |
$1,299,999 USD
424-421-4241
2922-2924 E Maple Ave
Los Angeles, CA 90011
Southeast Los Angeles
HIGHLIGHTS
- Roof was completely redone approximately four years ago, and the property includes gated parking for approximately 7–8 vehicles
- Downstairs commercial space of approximately 1,800–2,000 SF is currently leased at $5,000/month with a scheduled increase to approximately $5,500/mo
- Commercial tenant has approximately one year remaining on the current lease term, providing near-term income security
- Existing residential units include a 3-bedroom unit rented at $3,100/month and a 2-bedroom unit rented at $1,950/month
- 2-bedroom unit offers upside to approx. $2,600/month, while possible 3-bedroom vacancy creates repositioning potential
FOR SALE DETAILS
PRICE
$1,299,999 USD
PRICE/SF
$295 USD /SF
CAP RATE
6.16%
% LEASED
-
TENANCY
Multiple
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Storefront Retail/Residential
TOTAL BUILDING SIZE
-
STORIES
2
YEAR BUILT
1903
SPRINKLERS
-
PARKING SPACES
7
LAND DETAILS
LAND ACRES
0.11 AC
LAND SF
4,800 SF
ZONING
LA-R3
APN/PARCEL ID
5128-007-006
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424-421-4241
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424-421-4241
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