2710 W Avenue 34, Glassell Park, CA 90065

$675,000
Sold Price
$675,000
List Price
$650,000
Closing Date
Mar 15, 2016
Status
CLOSED
MLS#
SR15190481
Year Built
1921
Lot Size
5,198
Acres
0.12
Lot Location
11-15 Units/Acre
Days on Market
125
Property Type
Multifamily
Style
Other
Stories
One Level

Property Description

CONVENIENCE STORY, MULTI-TENANT. EXCELLENT OWNER-USER OPPORTUNITY. SINGLE-STORY COMMERCIAL PROPERTY LOCATED IN THE COMING OF GLASSELL PARK. PROPERTY HAS GREAT UPSIDE SINCE ALL TEATS ARE MONTH-TO-MONTH. CURRENT COMMERCIAL TENANTS INCLUDE MUSIC STUDIO $780 AND HOLISTIC WELLNESS STUDIO $1,000, ALSO INCLUDES 1BD + 1BA HOUSE $1,000 LOCATED IN THE REAR OF THE PROPERTY. HIGH CEILINGS. PROPERTY NEEDS WORK. LACM ZONING ALLOWS FOR MULTIPLE USES OF COMMERCIAL AND RESIDENTIAL MIXED-USES. HIGH DEMAND FOR THIS TYPE OF PROPERTIES IN THE AREA. REAR ALLEY ACCESS TO THE PROPERTY, EASY ACCESS TO EAGLE ROCK BLVD AND VERDUGO RD, AND 2 FREEWAY. ALL BUYER ARE URGED TO CONDUCT THEIR DUE DILIGENCE. Please see the agent's remarks.

Additional Information

Pool Description
None
Fireplace Description
Bath, Electric, Gas
Cooling
Yes
Cooling Description
See Remarks
View
None
Roof
Flat, See Remarks
Water
Public
Interior Features
Unfurnished
Attached Structure
Attached
Number Of Units Total
3
Gross Scheduled Income
$33,360
Operating Expense
31692

Listing courtesy of Listing Agent: Julio Pilco (jpilco@buenavista-realty.com) from Listing Office: Buena Vista Real Estate Group.

Listing sold by Julio Pilco from Buena Vista Real Estate Group

Mortgage Calculator

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.