$753,000
$778,000
3.2%For more information regarding the value of a property, please contact us for a free consultation.
3,558 SqFt
SOLD DATE : 12/31/2014
Key Details
Sold Price $753,000
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
Square Footage 3,558 sqft
Price per Sqft $211
MLS Listing ID WS14213817
Sold Date 12/31/14
HOA Y/N No
Year Built 2009
Annual Tax Amount $2,689
Tax Year 2013
Lot Size 6,969 Sqft
Acres 0.16
Property Description
3 Units on 2 Parcels located at 6901 & 6905 N. Figueroa St., Highland Park. Great Investment! Major renovation and updated in 2009 including New Roof, New Electrical, New Plumbing to copper pipes, and part of sewer lines. It is a Commercial & Residential mixed use Income Property. It consists of A Convenience store with a Restaurant on street front with 10 years lease in place; 4 bedrooms/2 baths on second level; a STUDIO on lower level. Convenience Store has Beer and Wine License, lottery. Collecting combined rent of $4900 a month. Tenants pay for their own gas, electricity, water & trash. What a deal! Very well maintained with Owner's pride. Property situates at a signalized corner location in front of bus stop. Centrally located. Close to South Pasadena. Near Downtown Los Angeles, USC Medical Center, Chinatown, LA Union Station, Dodger Stadium, Rose Bowl Stadium etc... Great Income! Huge potential!
Location
State CA
County Los Angeles
Area 632 - Highland Park
Interior
Fireplace No
Building
Lot Description Item01UnitAcre
Water Public
Others
Tax ID 5480001017
Acceptable Financing Submit
Listing Terms Submit
Financing Cash
Special Listing Condition Standard
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Bought with LOUIE YEH • KO TAI REALTY
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "