1444 E 67th St
- $800,000
- Address:
1444 E 67th Street
Los Angeles, CA 90001 - Location: Los Angeles
- Sq Ft: 2,591
- Lot Sq Ft: 7,243
- Sold
Description
Great value-add investment opportunity for Investor or Developer in the Florence-Graham Submarket. 3 Units mixed-use with 2 separate buildings on spacious corner lot 7,241 square feet with three addresses on two streets. The first building features storefront retail and apartment. The second building is a detached single family resident. Window and door facing Compton Ave have been replaced. 2 New water main lines replaced. One from Compton Avenue to barbershop (front building). Another one from 67th Street to the individual unit house. Pro-forma cap rate is 6.39%. Retail Store proforma description: Current barber shop lease is $2,650. Lease will expire on 7/2024. Barbershop Sub-leased the unit next to it to a vitamin shop for $1100. New buyer can sign the new lease with the barber shop for $2,500, vitamin shop for $1,100 and additional storage space can also be rented for approx. $250.
Details
| Price: | $800,000 |
|---|---|
| Address: | 1444 E 67th Street |
| City: | Los Angeles |
| State: | CA |
| Zip Code: | 90001 |
| MLS: | TR24015805 |
| Year Built: | 1921 |
| Square Feet: | 2,591 |
| Lot Square Feet: | 7,243 |