Commercial Property — 2922 -2924 Maple Avenue, Los Angeles, CA
$1,150,000
2922 -2924 Maple Avenue, Los Angeles, CA
About this property
Welcome to a rare mixed use investment opportunity that blends immediate income with exciting future potential. Spanning approximately 4,412 square feet, this versatile property features a highly visible storefront retail space paired with residential units, creating multiple streams of value for investors and owner users alike. The commercial space is currently occupied by a tenant with approximately one year remaining on the existing lease, providing dependable near term income while allowing flexibility for future planning. A major capital improvement has already been completed, with the roof fully replaced approximately four years ago, helping reduce future maintenance concerns. Behind the property, gated parking accommodates approximately seven to eight vehicles, offering a valuable convenience for both tenants and customers. The residential component presents an attractive opportunity to enhance returns, with the two bedroom unit offering rental upside of approximately $2,600 per month, while a possible three bedroom vacancy creates additional repositioning and income growth potential. Whether you're looking to expand your investment portfolio or secure a property with both stability and room to increase value, this is an opportunity filled with possibilities.
Property details
Location
2922 -2924 Maple Avenue • Los Angeles, CA 90011
Listed by
Abigail Yeboah · Real Brokerage Technologies, Inc.