1860 Firestone Bl Los Angeles, CA 90001

$1,050,000
Los Angeles, CA   90001
0 Beds, 0.0 Baths, 0 sq ft, 7,165 sq ft lot, Built in 1926
1860 Firestone Bl, Los Angeles, CA 90001 Photo 0
1860 Firestone Bl, Los Angeles, CA 90001 Photo 1
1860 Firestone Bl, Los Angeles, CA 90001 Photo 2
0 Beds,
0.0 Baths,
0 sq ft,
7,165 sq ft lot
Built in 1926

Description

MLS# DW19176025

Dont miss out on this great investment opportunity located on a highly visible street. The property is comprised of 3 units (2 below and 1 above). One unit is owner-occupied and currently being used as an Alternator business. The other 2 units are currently vacant and can be leased out immediately. There is a remarkable value-add proposition for a prospective buyer who would be interested in re-positioning an asset and generate a great return on their investment. Market rates for a fully renovated unit in that area ranges from $15/SF to $18/SF which represents a future value north of $1.6M. The property will be delivered vacant at close of escrow. Please feel free to contact us for more information. Listed by Mayra Nicolas, Keller Williams Realty Downey.

Description

MLS# DW19176025

Dont miss out on this great investment opportunity located on a highly visible street. The property is comprised of 3 units (2 below and 1 above). One unit is owner-occupied and currently being used as an Alternator business. The other 2 units are currently vacant and can be leased out immediately. There is a remarkable value-add proposition for a prospective buyer who would be interested in re-positioning an asset and generate a great return on their investment. Market rates for a fully renovated unit in that area ranges from $15/SF to $18/SF which represents a future value north of $1.6M. The property will be delivered vacant at close of escrow. Please feel free to contact us for more information. Listed by Mayra Nicolas, Keller Williams Realty Downey.

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    Mike Misquez, MBA

    NMLS# 1662824

    Direct: (909) 251-2560
    Email: mike@colonialres.com

Area
AREA: C16 - Mid Los Angeles
COUNTY: LA
Building Info
LAUNDRY: None
Exterior Features
LOT: Lot Shape-Rectangular
Land
WATER: Public
ZONE: C3
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