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4874-4876 Huntington Dr. is a unique opportunity to purchase two retail buildings on 2 separate APNs in the heart of El Sereno, just steps from the highly trafficked intersection of Eastern & Huntington Drive. There is parking behind the buildings which can be accessed via the public parking lot on Navarro St. Excellent owner-user or investment opportunity in a Northeast LA neighborhood seeing huge growth. The average home in El Sereno now sells for $809,060, up over 6% from last year. This is an area in need of good retail options. Directly across from Chase Bank and the US Post Office. 2,225 SF of Retail being held vacant for the new owner to occupy or lease out. Restaurant is an excellent tenant whose lease expires in Oct. 2024
This mixed-use parcel consists of 3 structures: an 1,136 sq.ft. commercial building (under lease); a 1,504 sq.ft. office building currently used as two residential units (one unit is tenant occupied (under lease), and the other unit is occupied by a family member); a 1,290 sq.ft. duplex (one unit is occupied and one unit is vacant). Property being delivered in as-is condition with current tenants.
Building in great condition, Perfect for Cannabis store, Area is zoned for it., buyer and agent to verify and due their due diligence. Building could be used for light manufacturing, retail, warehouse, possibilities are endless. Seller may consider carry back and maybe assume existing loan. Call me if you have any questions. Current use is a boutique, event center, party rentals. Not under lease
This property has 3 addresses; 2 retail spaces upfront and a 2 bedroom, 1 bath home in the rear. There are three long term tenants on month to month rental agreements. 3113 is a retail space upfront and a 1/2 bathroom. 3115 is another retail space upfront and a 1/2 bathroom. 3117 is a 2 bedroom, 1 bathroom home in the rear. There is a living room and a den that is being used as a 3rd bedroom. Additionally, there is a detached 1 car garage along with a small yard. The property is zoned C4 according to the tax assessors office. Buyer(s) to check and verify with the city of Los Angeles for unit square feet, lot size, zoning, permits and potential allowable uses. All measurements are approximately and are derived from the tax assessors records. *The seller reserves the right to offer this property sale subject to a 1031 Tax Deferred Exchange at no cost to the buyer. The property owner is a California licensed real estate agent and is related to the listing agent.
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