Listing provided courtesy of Casey Lins of Kidder Mathews of California, Inc.. Last updated 2024-11-24 09:14:51.000000. Listing information © 2024 CRMLS.
Asking Price: $595,000
8911 Western, Los Angeles CA 90047
Community: C36 - Metropolitan Southwest
Status: Active
This property was built in 1947 and is priced at $595,000. Please see the additional details below.
We are pleased to present a 3-unit mixed-use property located on 8911 S Western Ave in Los Angeles. The property consists of two separate structures, with the front building consisting of two commercial storefront units, 726 SF each, with a 1BD+1BA residential bungalow in the rear with alley access, built in 1947 and 1948, respectively. With 2 VACANT units (1 commercial and 1 residential), the property provides a unique opportunity for multiple strategies. Through a value-add strategy, a new owner will have the ability to operate at a 6+% CAP rate at an affordable purchase price. Contact the listing agent for additional information.
