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Excellent income property featuring two separate structures on one lot with mixed-use potential. The front building is a two-story commercial structure with 7 bedrooms and 2 bathrooms. The rear structure is also two stories, offering a combination of residential and auxiliary space. The upper level includes two residential units: a 1-bedroom/1-bath unit and a studio.The owner is constructing a 1-bedroom ADU on the ground floor, which will add significant future income potential. Two separate buildings on one lot. Substantial existing income with growth potential. Strong tenant is paying $12,500 per month plus all utilities. Convenient central Los Angeles location near major streets, schools, and public transportation. This C2 zoning property offers a rare combination of stable cash flow, development upside, and flexible use ideal for investors seeking a multi-purpose asset in a growing area.
| DAYS ON MARKET | 162 | LAST UPDATED | 10/21/2025 |
|---|---|---|---|
| YEAR BUILT | 1904 | COMMUNITY | C42 - Downtown L.A. |
| COUNTY | Los Angeles | STATUS | Active |
| PROPERTY TYPE(S) | Residential Income |
| PRICE HISTORY | |
| Prior to Oct 21, '25 | $1,800,000 |
|---|---|
| Oct 21, '25 - Today | $1,600,000 |
| ADDITIONAL DETAILS | |
| AREA | C42 - Downtown L.A. |
|---|---|
| HEAT | Wall Furnace |
| LOT | 7248 sq ft |
| LOT DIMENSIONS | 7248 |
| PARKING | Driveway |
| POOL DESCRIPTION | None |
| STORIES | 2 |
| VIEW | Yes |
| VIEW DESCRIPTION | City Lights |
TOTAL MONTHLY PAYMENT
| SATELLITE VIEW |
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