Property Detail

Description

Mixed-use vacant retail/residential/warehouse asset in the West Adams/Pico-Union area of central Los Angeles. The property is comprised of two attached buildings sharing a common wall: a two-story mixed-use building with ground floor retail and a 3-bed, 1-bath owner/proprietor apartment upstairs (accessible only through the retail space below), and a single-story retail/warehouse building. Both buildings are 100% vacant. The single story unit benefits from 11-14 foot clearance in a generous open warehouse design, with several skylights, a small kitchen and two 1/2 bathrooms and one 3/4 bathroom.The property is ideally suited for an owner-user buyer, who can obtain an SBA loan with as little as 10% down payment, provided they occupy at least 51% of the building's commercial space. 3 parking spaces accessible by the alley and with a security gate.