3422 N Broadway - Storefront Retail/Residential FOR SALE


Los Angeles, CA 90031- Lincoln Heights | 
$1,199,900 USD
626-222-4318
3422 N Broadway, Los Angeles, CA for Sale
$1,199,900 USD
Storefront Retail/Residential - FOR SALE
1/9
null | 2.37% Cap Rate

3422 N Broadway
Los Angeles, CA 90031
Lincoln Heights


OVERVIEW

MIXED-USE PROPERTY with a unique presence in Lincoln Heights since 1885. This versatile property features 3 residential units and 3 retail spaces, creating multiple income-producing opportunities. The residential portion includes a duplex and a detached bungalow, while three retail spaces occupy the front of the property. The property has been maintained and repaired as needed over the years, with no major upgrades (approx $43k in repairs to prepare for sale) and now presents an excellent opportunity for upgrading, renovation, and repositioning. With its distinctive mix of residential and retail uses, long-standing presence in Lincoln Heights, and potential for future development, this property offers an exciting opportunity for investors, owner-users, and developers alike. Buyer to verify all permits, zoning, square footage, unit count, development potential, and allowable uses. PLEASE DO NOT DISTURB OR CONTACT OCCUPANTS.

FOR SALE DETAILS

PRICE

$1,199,900 USD

PRICE/SF

$284 USD /SF

CAP RATE

2.37%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1885

SPRINKLERS

-

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.23 AC

LAND SF

10,149 SF

ZONING

LAC4

APN/PARCEL ID

5208-030-018

ASK ABOUT THIS PROPERTY

Samuel TyreT&S Brokers, Inc.More Info
626-222-4318

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Samuel TyreT&S Brokers, Inc.More Info
626-222-4318

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.