Price Reduced Listing
904 N Western Avenue,Los Angeles, CA 90029
Los Angeles, CA 90029
Description
SPECTACULAR NEW PRICE REDUCTION PRIME MELROSE HILL MIXED-USE INVESTMENT OPPORTUNITY! Newly Priced to Sell! An exceptional opportunity for savvy investors to acquire a mixed-use income-producing property in the highly desirable Melrose Hill neighborhood of East Hollywood! This property offers an attractive combination of commercial and residential income, featuring three street-facing retail spaces with excellent visibility along busy Western Avenue, plus 10 studio units located at the rear with convenient private alley access. Investors will appreciate the diversified income potential, established neighborhood, and exciting possibilities for future growth and appreciation. Ideally situated near popular dining, shopping, thriving businesses, residential communities, and public transportation, this property is positioned in one of Los Angeles' evolving urban markets. With a spectacular new lower asking price, this is an opportunity worth a closer look! Whether you're expanding your investment portfolio or seeking a well-located mixed-use asset with long-term upside potential, this property deserves your attention. Bring your vision, explore the possibilities, and take advantage of the seller's new pricing!
Details
| MLS # | 26985251 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1930 |
| Days On Site | 49 |
| Listing Provided By | Coldwell Banker Realty | Walter Castillo |
Features
| Bath(s) | 13 |
|---|---|
| SQ Feet | 8,576 |
| Story(s) | 2 |
| Units | 13 |
| Building(s) | 2 |
| Zoning | LAC4 |
| Acreage | 0.18 |
Interior
| Cooling | None |
|---|---|
| Heating | Wall Furnace |
| Heating Yes / No | Yes |
| Cooling Yes / No | No |
| Fireplace Yes / No | No |
Exterior
| Security Features | Gated Community |
|---|
Parking
| Attached Garage Yes / No | No |
|---|---|
| Parking Features | Garage, Gated, Tandem, Uncovered |
| Garage Yes / No | Yes |
Utilities
| Sewer | Other |
|---|
Location
| Community Features | Gated |
|---|
Area Information
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90029 |
| Area | C20 Hollywood |
| Listing VS Median (in 90029) | |
Price: $1,975,000 low | high Med: $1,299,997 sqft: 8,576 low | high Med: 2,885 $ / sqft: $230 low | high Med: $569 On site: 49 low | high Med: 73 | |
Market Activity 90029
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Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90029 |
| Area | C20 Hollywood |
| Listing VS Median (in 90029) | |
Price: $1,975,000 low | high Med: $1,299,997 sqft: 8,576 low | high Med: 2,885 $ / sqft: $230 low | high Med: $569 On site: 49 low | high Med: 73 | |
