Detailed Introduction Of This Home
We are delighted to introduce this versatile mixed use income property, ideally located on a nicely visible storefront in the heart of Chesterfield Square/Leimert Park in Los Angeles 90062. This property boasts a unique combination of two side by side residential units upstairs, three artists’ studios, in converted storefronts, with an additional 300 square foot outbuilding (converted garage). There is a good parking area behind the building. Recently updated electrical from pole, completely redone plumbing to all units and roof coating restoration. Currently, both residential units are occupied, and all retail and artist studios leased, ensuring a steady and dependable stream of rental income for the prospective owner. Additionally, there is substantial untapped rental potential, as the current rents are month to month and fall below the market averages in the area. This presents an exceptional opportunity for the new owner to maximize their investment returns. Centrally located near LAX, SoFi Stadium and USC. Nice community recreation center one block away and near services and the gold Metro line. Just imagine living upstairs and doing business below.