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Listed by David Nalbandyan • LA Premier Realty
$1,300,000
Est. payment /mo
2,165 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type OTHER
Listing Status Active
Purchase Type For Sale
Square Footage 2,165 sqft
Price per Sqft $600
MLS Listing ID CRBB24169018
HOA Y/N No
Originating Board Datashare California Regional
Year Built 1942
Lot Size 5,660 Sqft
Property Sub-Type OTHER
Property Description
We are excited to offer an exceptional opportunity to purchase a versatile mixed-use commercial property strategically positioned on the highly sought-after Lankershim Blvd. This property consists of two 3 Bedroom Residential Units and one store-front retail space, currently offering a 6.4% CAP Rate. This property is sold in conjunction with 7444 Lankershim Blvd, which presents a potential for a 40-unit Mixed-use Development Project. In total it would comprise of six units, including three commercial and three residential units, encompassing a total of 4,217 square feet on a spacious 11,284 square feet lot.
Location
State CA
County Los Angeles
Interior
Fireplace No
Laundry Inside, No Hookups
Building
Water Public
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