Listed by Rose&Co Group
$1,899,000
2815 S. Western
Details
APN 5053-003-033
Property Type Retail, Mixed Use
Sub Type Commercial/Office/Residential
Square Footage 3,392
Net Rentable (SqFt) 3,392
Units 4
Cap Rate 1.91%
NOI $36,293
Occupancy 100%
Tenancy Multi
Price per SqFt $560
Year Built 1931
Zoning LAC2
Investment Type Stabilized
Ground Lease No
Retail | 1.91% CAP | 3,392 SqFt
Marketing description
2815 S. Western Ave presents a mixed-use investment opportunity in Los Angeles’ historic Jefferson Park neighborhood. The property features multiple commercial tenants along with a rear residential unit generating $1,950/month, providing immediate in-place income. Ownership reports the property has been well maintained, with plumbing in good condition and a roof replacement completed approximately 1 year and 8 months ago, helping reduce near-term maintenance concerns. The current owner is also willing to consider tenant relocation assistance to facilitate a vacancy, offering potential occupancy flexibility for an owner-user, investor, or future tenant, subject to mutually agreeable terms.
Investment highlights
- Rear house currently generates $1,950/month in rental income, providing immediate cash flow potential.
- Property has been well cared for with no known leaks and plumbing reported to be in good condition.
- Roof was replaced approximately 1 year and 8 months ago, offering added value and reduced near-term maintenance.
- Situated within a historical area (Jefferson Park), adding character and long-term neighborhood appeal.
- The current owner is willing to consider a tenant relocation assistance package to facilitate a vacancy, providing an opportunity for an owner-user, investor, or future tenant to occupy the space subject to mutually agreeable terms.
Listing Contacts
Listed by Rose&Co Group
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$36,292.50
$3,024.38/mo
Valuation Metrics
0
DSCR
1.91%
Cap Rate
1.91%
ROI
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