1900 E 1st Street, Los Angeles, CA 90033
Commercial property · 2 recorded sales since 2022
Sold September 2022
Listing Agent: Benjamin Gutierrez (DRE #02157302) · Listing Office: Apex Properties · Contact: 424-293-8085 · Bought with: Rene Mexia · Major Properties · MLS #DW22129743 · Source: CRMLS
About this commercial property
We are pleased to present this vacant two bedroom house + occupied commercial unit located in the bustling neighborhood of Boyle Heights in East Los Angeles. The property consists of two completely separate buildings. The first building is a 2 bedroom and 1 bathroom freestanding vacant house. The second building is a small music and guitar store that has been at this location for over 15 years. Each unit has its own parking. The two units are separated by a gate and although they are on the same parcel, they feel like two separate properties. MAJOR UPSIDE POTENTIAL- The vacant house is ready to be renovated and either occupied by the new owner or rented for excellent cash flow. SHORT TERM LEASE- The commercial units lease expires on July 10th, 2023, giving added flexibility. The Tenant would like to stay if the Buyer allows. SEPERATE METERS- All utilities are separately metered including electricity, water, and gas- this keeps operating expenses as landlord extremely low.
Listing description from the September 2022 sale, as reported to CRMLS.
Sale history
