1262 N EVERGREEN AVENUE, LOS ANGELES CA 90033

  • 1,704 sq.ft.
  • 3,592 sq.ft. lot
offered at $585,000
MLS#:SB19032158
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
FOR MORE INFORMATION, PLEASE CONTACT AGENT:
  • raj qsar
    CEO | Owner |
    CalBRE# 01744847
    • cell 714.412.5019
    • office 949.612.2535
    email Raj

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