• 1,704 sq.ft.
  • 3,592 sq.ft. lot
offered at $585,000
Status: Active // Property Type:
County: Los Angeles // Year Built: 1938

Property Description

We are pleased to present 1262 & 1266 N Evergreen Avenue in Ramona Gardens, just east of Downtown Los Angeles. The properties consist of a retail store, single-family house, and an empty lot. The corner lot is comprised of a fully remodeled convenience store and one newly renovated single family 2 bed/2 bath house, while the adjacent lot is empty and could be used to develop a single-family house. Since both buildings are being sold fully remodeled and vacant, this offers a perfect owner/user investment opportunity, or for a developer to rent out the retail store and single-family house and build on the empty lot. The unique location provides easy access to the 10, 5 and 710 Freeways. Additionally, the properties are minutes away from Downtown Los Angeles, which continues to experience rapid growth. CAP Rate and GRM based on proforma rents - Lot, House and Retail Space are all currently vacant.

Listing Courtesy of Nico Rosmarin, Lyon Stahl Investment Real Estate, Inc.

Exterior Features

Exterior Features: Curbs, Urban
  • raj qsar
    CEO | Owner |
    CalBRE# 01744847
    • cell 714.412.5019
    • office 949.612.2535
    email Raj

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Based on information from California Regional Multiple Listing Service, Inc. as of February 28, 2019. 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. 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, 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.