1021, 1025 W 101st St & 1026 W Century Blvd
Mixed Use | 6.47% CAP | 2,730 SqFt
Marketing description
PRICE REDUCTION! MOTIVATED SELLER!
This listing is priced for both parcels and presents a rare mixed-use opportunity featuring two adjacent properties with three separate buildings totaling approximately 2,730 SF on a combined lot size of approximately 13,584 SF. Parcels may also be sold separately.
The property at 1026 W Century Blvd (APN 6060-028-017) includes a 582 SF commercial retail building currently operating as a fish market, which can be delivered vacant at closing for owner-user occupancy or leasing. This parcel also includes a separate residential unit located at 1025 W 101st St, featuring 3 bedrooms and 1 bathroom with approximately 1,247 SF.
The adjacent property at 1021 W 101st St (APN 6060-028-016) consists of a separate single-family residence with 2 bedrooms and 2 bathrooms and approximately 901 SF.
All units are separately metered, with tenants responsible for utilities, and owner expenses limited to some landscaping. Additional income includes an on-site billboard generating approximately $1,166/month. The fish market business has been owner-operated for many years; however, the sale does not include any goodwill or income guarantee.
Located in an unincorporated area of Los Angeles County and not subject to the City of Los Angeles RSO, offering added flexibility for rental management.
Buyer and buyer's agent to independently verify all information. Listing agent and seller make no guarantees as to accuracy.
Investment highlights
Rare Mixed-Use Opportunity (2 Parcels)
- Includes two adjacent parcels totaling approximately 13,584 SF lot size
- Three separate buildings with a combined ~2,730 SF of improvements
- Ability to acquire together or separately
Multiple Income Streams
- Residential + retail + billboard income diversification
- Billboard income: approx. $1,166/month (~$14,000/year)
- Strong upside through lease-up or repositioning
Owner-User or Value-Add Potential
- Retail space (fish market) can be delivered vacant
- Ideal for owner-user or new tenant at market rent
- Opportunity to increase rents on residential units
- Favorable Expense Structure
- Separately metered units (tenants pay utilities)
Minimal landlord expenses (primarily landscaping)
Non-Rent Controlled Area
- Located in unincorporated LA County (not subject to LA City RSO)
- Greater flexibility in rent increases and tenant management
Strategic Location with Visibility
- Positioned on Century Blvd (high traffic corridor)
- Strong exposure for retail use and long-term appreciation
Flexible Exit Strategy
- Option to sell parcels individually or as a portfolio
- Appeals to both investors and owner-users
Established Long-Term Use
- Fish market has been owner-operated for many years
- Stable use history (note: no goodwill or income guarantee included)
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