Currently vacant auto use. Zoning allows for mixed use or other uses. Excellent opportunity in an early gentrification zone. Do not wait until the party is crowded. Get here early and get the best deals. [Q]C2-1-HPOZ Zoning... also allows for fast food...
Price Upon Req.6,042 SF
Auction.com and Le Investment Group present the opportunity to acquire 1547 South Orange Grove. The apartment community is situated on a 0.15 acre lot in the S Fairfax Ave/W Pico Blvd neighborhood of Los Angeles, CA. This eight unit apartment community provides potential investor with an attractive unit mix of 1 studio/bachelor unit, 4 one bedroom/ one bathroom units, and 3 two bedroom/ one bathroom, one and one half bathroom, and two bathroom layouts. The Orange Grove Apartments is located within short driving distance of downtown Los Angeles. The district area boasts a reported 500,000 jobs as of a 2013 study. The property is also centrally located just minutes from both UCLA and USC campuses which jointly employs over 55,000 staff members and have an enrollment of 85,000 students. The situation of the community makes for an ideal fit for business professionals, medical staff and students alike.
Price Upon Req.8,238 SF
Property Tours will be available on the following days from 10am - 12pm. Please RSVP with listing broker Max Delbecq at 310-774-3769.1. Monday, June 1st2. Tuesday, June 2nd3. Wednesday, June 3rdAuction.com present the opportunity to acquire 2622 Brighton Avenue. The property consists of one (1) Class C, 2-story apartment building which total 17 Units located in Los Angeles, CA. The Property is located in the West Adams Multifamily Submarket. The proximate area consists of a mix of local retail, residential and office establishments. Of note is the location of the University of Southern California, Los Angeles Sports Arena, Natural History Museum of Los Angeles County and I-110 in the immediate vicinity. Due to long term tenants moving out there is significant rent upside to be captured by marketing the property for rent to USC students. Two units are currently being rented to USC students. Close of escrow must take place on or before July 10, 2015.
- Existing Improvements include open creative office layouts on both 1st & 2nd floor with storage area on the 3rd floor and rooftop patio. - Office Building zoned LAC2; Surface Parking Lot zoned LAR3. - Direct access provided from the rear secured surface parking lot to the building.
Each Unit has 4 Bedroom, 2 Bath, laundry hook ups, separate water, gas, electricity meters. Built in 2009, has detached 2-car garage + 2 uncovered car parking space. Taking back up offer.
Price Upon Req.16,641 SF
The only pride of ownership, Class A Multifamily property in the Los Feliz/ East Hollywood area. This little gem of a property not only looks great but costs next to nothing to maintain. Built in 2006 with no rent control this building is the only building in the area with the fit and finish of a brand new high end property that still offers its tenants the benefits of a quiet street. All the units are huge approx. 1250 Sqft town home style with 2 bedrooms and 2.5 bathrooms. All units come with complete appliance packages including washers and dryers, refrigerators, ranges, over the range microwaves, and dishwashers. Kitchens are all stainless of course. The current owners put a ton of capital improvements into this already amazing asset to make it look and feel like a first class condo project. Most units have had all three bathrooms updated to include terrazzo floors, new cabinetry, glass tile showers, under-mount sinks, and quartz counter tops. Units include fans, faux wood flooring, new blinds and new carpet. As result rents are up 15% from acquisition. A RUBS program is in place removing the cost of water.
Marcus & Millichap is pleased to present a newly constructed, trophy 7-Eleven investment opportunity located at 11255 South Normandie Avenue in Los Angeles, California. The subject property is a free-standing, 2,400-square foot building situated on a 0.30 acre lot. 7-Eleven opened its doors on January 1, 2015 and the tenant is operating under a 15-year triple-net lease with no landlord responsibilities. There is great visibility of the subject property from both South Normandie Street, as well as the Imperial Highway generating a consistent flow of customers for 7-Eleven. Surrounding retailers in the immediate area include El Pollo Loco, Winchell' s Donuts, Louisiana Fried Chicken, Food 4 Less, Carl' s Jr., Burger King and Del Taco.
Income / Business
Business and Real Estate for Sale consists of a 3923 square foot single family residence on an 8,109 Sq ft lot property. 9 bedroom 6 bath set up into 12 patient boarding care facility. The property is located in a highly desirable and quiet Los Angeles neighborhood not far from Wilshire blvd and the 10 freeway. The business is well established with a potential income of over $20,000 per month. Ernest Boarding Care has been in existence for 37 years and owner/operator is retiring. There are currently 12 patients at the facility. Owner is willing to carry a portion of the note for 5 years and finance to a qualifying buyer.
-Across the street from recently renovated Lincoln Park. Fish in the lake on your lunch break. -Park has new skateboard park, baseball, soccer, basketball, & the famous Plaza de la Raza - amazing place for arts classes for kids. -Murals on front are the first 4 registered under L.A.'s new mural ordinance. -The painting on the left is a 16 ft tall dragon that glows when lit up with black light. -Property currently used as film studio. -Amazing views from the roof of Dodger stadium, downtown L.A., the L.A. County/USC Medical Center, palm trees & hills. Add a roof garden or deck? Check with the City. -Zoned CM-1VL -Large gated parking -Private office, windows facing the entire room. -2 handicapped bathrooms -2 glass doors & 2 large roll-up doors. -Concrete floors -Surrounded on two sides by City land with tons of palm trees -Might be able to be split into two units because of the way it was built. Check with the City. Use one side & rent out the other. -High power 3 phase, 400 amps, 120/240 power -For retail use, there are heavy traffic counts on N. Main St and Mission Rd. -For sale by owner.
The tenant is Apro, LLC, doing business as (dba) United Oil. United or Tenant , is a California based retail petroleum platform that owns and operates 129 strategically located, high volume retail locations throughout Southern California. In addition, an affiliate of tenant operates a wholesale and transportation division servicing other retailers and commercial customers throughout the region. With annual volume of approximately 550 million gallons, United is one of the largest and most strategic networks on the west coast. A majority of United' s retail locations are branded as 76. 76 is a retail petroleum brand operated by Phillips 66, a publically traded investment-grade counterparty (Moody' s Baa1, S&P BBB/Stable).