Investment opportunity to purchase multiple parcels in the City of Los Angeles, Echo Park Market. CAP Rate 7% Zoned LAC2-1 Uses include a variety of commercial and multifamily residential. Previous uses at this site include Spa, medical office, store and church.
Property consists of 3 parcels with additional addresses of 1517 and 1519 Pizarro Street. Building currently only utilizing the 1525 Pizarro Street
Renovations done in 2011
Located within the Los Angeles Enterprise Zone.
Large parking lot offering 28 parking spaces
Great City Views from roof top with Jacuzzi
Roof top also offers opportunity for juice Bar/Bar Lounge with food service
Kitchen/deck furniture are available; bar/ lounge is not currently in operation
Buildings are primarily owner-occupied, dba Pho Siam Thai Spa (Health/Day Spa)
A portion of the premises is set up a nail salon
Don't miss out on this opportunity!Can be delivered vacant to an owner-user or developer. Listed by Judy Rogers, Pinnacle Estate Properties.