1444 E 67th Street Los Angeles, CA 90001
Due to the health concerns created by Coronavirus we are offering personal 1-1 online video walkthough tours where possible.
Great value-add investment opportunity for Investor or Developer in the Florence-Graham Submarket. 3 Units mixed-use with 2 separate buildings on spacious corner lot 7,241 square feet with three addresses on two streets. The first building features storefront retail and apartment. The second building is a detached single family resident. Window and door facing Compton Ave have been replaced. 2 New water main lines replaced. One from Compton Avenue to barbershop (front building). Another one from 67th Street to the individual unit house. Pro-forma cap rate is 6.39%. Retail Store proforma description: Current barber shop lease is $2,650. Lease will expire on 7/2024. Barbershop Sub-leased the unit next to it to a vitamin shop for $1100. New buyer can sign the new lease with the barber shop for $2,500, vitamin shop for $1,100 and additional storage space can also be rented for approx. $250.
2 weeks ago | Listing updated with changes from the MLS® | |
2 weeks ago | Listing first seen online |
This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
Did you know? You can invite friends and family to your search. They can join your search, rate and discuss listings with you.