Description
A MIXED-USE, 36 Apartments, 4 Retails in the corner of E. Florence Ave and Seville Ave, just a block from the vibrant Pacific Ave. The property located in Walnut Park which is an unincorporated area of Los Angeles County but just across the street from the City of Huntinton Park's border. 36 units are majority studios apartment with 5 1/1 and 1 2/1. There are 40 FREE public parking spots behind the building and a bus stop right in the front. The building is well maintain in a great condition over 95% of the apartments units have been updates over the years made the maintenance cost very low. The rent upside is 40+% because the property is under AB1482, the county allow the rent increase up to 10% especially the building didn't have rent raised for 3 years. The two rented retails are paying way below market and once the other 2 retails occupied, the Rent Cap will be 7%
Location
Similar Listings
$535,000
2
2
1,442 Sq ft
ComingSoon
MLS# NDP2307298
$1,500,000
5
4
3,884 Sq ft
ComingSoon
MLS# PTP2304617
$895,000
3
3
1,554 Sq ft
ComingSoon
MLS# NDP2307375
$3,450,000
5
5
4,082 Sq ft
ComingSoon
MLS# NDP2307331
$4,875,000
3
3
2,960 Sq ft
ComingSoon
MLS# PTP2304557
$799,999
2
2
1,473 Sq ft
ComingSoon
MLS# NDP2307294
$579,900
2
2
1,017 Sq ft
ComingSoon
MLS# NDP2307166
$1,399,900
5
5
3,635 Sq ft
ComingSoon
MLS# NDP2307481
No similar listings found
Unfortunately, we don't have any similar listings at the moment. Please remove or change some of the selected filters.
The real estate listing information is provided by California Regional MLS, Inc. and/or CARETS® for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing or leasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (IDX) program of the California Regional MLS, Inc. and/or CARETS®. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns the web site. Information is deemed reliable but not guaranteed, and consumer is responsible for verifying the accuracy of all information. Copyright © California Regional MLS, Inc. and/or CARETS®. All Rights Reserved. Updated: 25th September, 2023 3:55 PM (UTC)
Listing Agent: Miranti Borvornsin
Listing Office: Keller Williams Westside
Attribution contact: 310-482-2500
