

3 Units Mixed Use on 1 Parcel in East LA!
First Time on the Market in 40 Years!
Marketing description
This property presents a rare mixed-use investment opportunity featuring 3 units on a single parcel, combining a retail storefront with residential income in a highly desirable East Los Angeles location between the 5 and 60 Freeways. The property consists of a vacant, appx 1,100 SF retail space, a renovated, vacant 2Br+1Ba house of appx. 728 SF, and a 2Br+1Ba apartment of appx. 500 SF that is currently leased at $1,900 per month to a long term tenant. The corner market and the single-family home are currently vacant, offering a new owner the ability to set market rents, reposition the asset, or pursue an ideal owner-user strategy. The retail store includes a 200 SF walk-in freezer, original shelving, counters, refrigerated cases, small kitchen, storage and bathroom. It presents significant upside potential and flexibility, as this could make a wonderful neighborhood-serving market, or live/work option for a new owner to live in the house and operate their business or creative studio out of the commercial space. The renovated Spanish-style SFR features a charming interior with decorative finishes and a faux fireplace, adding character and warmth that enhances its appeal for either owner occupancy or premium rental potential. The property also includes two on-site driveway parking spaces & a detached garage. Positioned in a dense, high-demand rental market with close proximity to major transportation corridors, the asset benefits from strong fundamentals and long-term appreciation potential.
Investment highlights
- Incredible trust sale: this property has been in the same family for over 40 years! Louis Market has been a neighborhood staple for decades, until the most recent operators retired. Now, the family is selling the property, which includes 3 fantastic units.
- This is a rare chance to acquire a retail + residential compound with incredible live/work possibilities, as well as a fantastic financial investment!
- Retail Store: ±1,100 SF (VACANT)
- House: 2Br+1Ba, ±728 SF (VACANT, RENOVATED)
- Apartment: 2Br+1Ba, ±500 SF (LEASED at $1,900/mo)
- Located in East Los Angeles between the 60 and 5 Freeways, the property benefits from a dense population base and low vacancy factor, strong rental demand, and close proximity to major transportation corridors
- The renovated Spanish-style home provides strong appeal for either an owner-occupant or a high-quality tenant, adding both charm and premium rental potential to the property
- The retail space presents strong upside potential and can accommodate a range of uses, whether by revitalizing a neighborhood-serving business such as a corner market, or being used as a creative studio or similar (Buyer to verify zoning & CUP, etc).
- The property has 2 curb cuts and 2 separate driveways, one for the commercial side and one for the house
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