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1444 E 67th Street
USD 895,000
Property ID: TR24015805
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1444 E 67th Street ,90001
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icon 7243 SqFt
icon Built in 1921
icon USD 124/SqFt
icon 0 Bed
icon 0 Full
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Location Street View
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Interior Details
Bedrooms
0
Bathrooms
0
Interior Size
2591
Construction Details
Property Type --
Property Condition --
Architectural Style --
New Construction --
Year Built 1921
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Detailed Introduction Of This Home
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.
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Contact Development/Agent
Cissy Tang
TEL: (+1)626 9868**** icon
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Contact Development/Agent
icon
Cissy Tang
(+1)626 9868**** icon
Please enter your nationality
+87
Cannot be empty
Email address is invalid Email address not authenticated!
Cissy Tang
(+1)626 9868**** icon
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1444 E 67th Street
USD 895,000 0 Beds
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