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Listed by Manuel Fierros • Ontrak Real Estate
$ 1,100,000
Est. payment | /mo
7,632 SqFt
$ 1,100,000
Est. payment | /mo
7,632 SqFt
Key Details
Property Type Single Family Home
Sub Type Commercial/Residential
Listing Status Active
Purchase Type For Sale
Square Footage 7,632 sqft
Price per Sqft $144
MLS Listing ID PW-25080710
Year Built 1914
Lot Size 5,621 Sqft
Property Sub-Type Commercial/Residential
Property Description
Discover an incredible investment opportunity in the heart of vibrant Cypress Park! This versatile property features two commercial units at street level, perfect for retail, office, or creative space, offering excellent visibility and foot traffic along Cypress Ave. Above the commercial spaces, you'll find five residential apartments. The apartments boast a mix of layouts and size. Located in the highly sought-after Cypress Park neighborhood, this property benefits from a thriving local community and proximity to some of Los Angeles' most exciting attractions. Just minutes away, enjoy the eclectic shops, trendy cafes, and popular eateries of Highland Park, Frogtown, and Glassell Park. Outdoor enthusiasts will love the nearby Los Angeles River Bike Path and access to sprawling parks like Elysian Park and Rio de Los Angeles State Park. With a unique blend of historic charm and a rapidly emerging cultural scene, Cypress Park is quickly becoming one of the city's most desirable places to live, work, and play. With easy access to major freeways, public transportation, and a steady influx of creative professionals and young families, this multi-use property is ideally positioned to capitalize on the area's continued growth. A rare find with significant income potential, this is a must-see for savvy investors looking to secure a cornerstone in one of Los Angeles' most dynamic neighborhoods!
Location
State CA
County Los Angeles
Area Cypk - Cypress Park
Zoning LARD2
Interior
Laundry None
Exterior
Parking Features Gated
Pool None
Community Features Sidewalks, Street Lights
View Y/N No
View None
Building
Lot Description Corner Lot
Sewer Public Sewer
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Marissa Buss & Danny Lampert
Lic# 01770909 | 01834114