Description

This character-rich property features exposed brick and abundant natural light from skylights, offering a unique and inviting interior. Currently leased below market rent, the property presents significant upside potential. Located on high-traffic Whittier Boulevard, it benefits from strong visibility and foot traffic, just minutes from Downtown LA, the Arts District, and Little Tokyo. The site includes onsite parking, providing convenient access for tenants and customers, and easy connectivity to major freeways including I-5, I-10, I-710, and SR-60. The 12,354 SF building comprises three street-level retail units and 18 residential units, generating a gross annual income of $366,803 with a net operating income of $230,363, offering stable cash flow with growth potential. Built in 1913 and zoned LA C2, the property is close to Metro bus routes and the Soto Light Rail Station (E Line/Gold Line), and is surrounded by thriving local businesses, restaurants, and cultural landmarks. This presents an excellent opportunity for investors seeking diverse income streams and long-term appreciation. Additionally, a 3,234 SF unit (2230) is available for lease at $3,350/month MG, suitable for retail, office, or creative use.