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Redevelopment Opportunity-1850 E. 1st St 2 Retail Properties Offered at $3,795,000 in Los Angeles, CA
Investment Highlights
- Redevelopment Opportunity/Mixed-Use Retail Investment - Tier 3 TOC
Executive Summary
This is a redevelopment opportunity of two (2) retail properties with a Tier 3 TOC designation. This provides for specific development incentives like increased density, greater height limits, minimal parking requirements, and others. The site is located in a strong residential area with great access to public transportation and retail amenities. The buyer can leverage incentives under AB 1763 and the City of Los Angele's ED-1 program. This could result in an estimated 79 units, subject to size and other design elements of the project.
Taxes & Operating Expenses (Pro Forma - 2026) Click Here to Access |
Annual |
|---|---|
| Gross Rental Income |
$99,999
|
| Other Income |
$99,999
|
| Vacancy Loss |
$99,999
|
| Effective Gross Income |
$99,999
|
| Taxes |
-
|
| Operating Expenses |
-
|
| Total Expenses |
$99,999
|
| Net Operating Income |
$99,999
|
Taxes & Operating Expenses (Pro Forma - 2026) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Other Income | |
|---|---|
| Annual | $99,999 |
| Vacancy Loss | |
|---|---|
| Annual | $99,999 |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Taxes | |
|---|---|
| Annual | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
Property Facts
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 1854-1858 E 1st St, Los Angeles, CA 90033 | Retail | 6,500 SF | 1917 | - |
| 1850-1852 E 1st St, Los Angeles, CA 90033 | Retail | 3,000 SF | 1890 | - |
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