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1900 E 1st St
Los Angeles, CA 90033
Retail Property For Sale
Investment Highlights
- MAJOR UPSIDE POTENTIAL- The vacant house is ready to be renovated and either occupied by the new owner or rented for excellent cash flow.
- SEPERATE METERS- All utilities are separately metered including electricity, water, and gas- this keeps operating expenses as landlord extremely low.
- SHORT TERM LEASE- The commercial units lease expires on July 10th, 2023, giving added flexibility. The Tenant would like to stay if the Buyer allows.
Property Facts
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
1,899 SF
Building Class
C
Year Built/Renovated
1960/1962
Percent Leased
Vacant
Building Height
1 Story
Building FAR
0.40
Lot Size
0.11 AC
Zoning
LAC2 - Commercial Community
Parking
5 Spaces (2.63 Spaces per 1,000 SF Leased)
Frontage
Property Taxes
| Parcel Number | 5174-016-024 | Improvements Assessment | $312,120 |
| Land Assessment | $520,200 | Total Assessment | $832,320 |
Property Taxes
Parcel Number
5174-016-024
Land Assessment
$520,200
Improvements Assessment
$312,120
Total Assessment
$832,320
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