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In-PersonVirtual Tour
$ 1,851,000
Est. payment | /mo
7,579 Sqft Lot
$ 1,851,000
Est. payment | /mo
7,579 Sqft Lot
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID SB25007447
HOA Y/N No
Year Built 1927
Lot Size 7,579 Sqft
Property Description
THIS COMMERCIAL PROPERTY OFFERS A UNIQUE INVESTMENT OPPORTUNITY WITH BOTH RESIDENTIAL AND BUSINESS POTENTIAL. THE BUILDING FEATURES: (UPPER LEVEL) THREE BEDROOMS, IDEAL FOR LIVING QUARTERS OR RENTAL INCOME. (LOWER LEVEL) A FULLY OPERATIONAL COIN LAUNDROMAT, EQUIPPED AND READY TO GENERATE STEADY CASH FLOW. (LOCATION) STRATEGICALLY LOCATED IN A HIGH-TRAFFIC AREA, ENSURING VISIBILITY AND ACCESSIBILITY FOR CUSTOMERS AND TENANTS ALIKE. ****ADDITIONAL HIGHLIGHTS: FIVE(5) NAVIEN TANKLESS BOILERS WERE INSTALLED IN OCT.2024, WHICH MAKES THE SAVINGS IN UTILITY BILLS APPROXIMATELY $1,000/MONTH. NEW ROOF WAS INSTALLED 4/2024*****
************REFERENCE MLS#SB24242059 (BUSINESS OPPORTUNITY)*******************
************REFERENCE MLS#SB24242059 (BUSINESS OPPORTUNITY)*******************
Location
State CA
County Los Angeles
Area 4 - Downtown Area, Alamitos Beach
Interior
Fireplace No
Laundry See Remarks
Building
Lot Description Level
Story 2
Water Public
Others
Tax ID 7269009021
Acceptable Financing 1031 Exchange
Listing Terms 1031 Exchange
Special Listing Condition Standard
Listed by Nancy Kim • Berkshire Hathaway HSCP • 310-570-8636
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "