2922 -2924 Maple AVE, Los Angeles, CA 90011
$1,150,000
Est. payment /mo
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4,804 Sqft Lot
New

2922 -2924 Maple AVE Los Angeles, CA 90011

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Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID SB26166589

HOA Y/N No

Year Built 1903

Lot Size 4,804 Sqft

Lot Dimensions Assessor

Property Sub-Type Mixed Use

Property Description

Welcome to a rare mixed use investment opportunity that blends immediate income with exciting future potential. Spanning approximately 4,412 square feet, this versatile property features a highly visible storefront retail space paired with residential units, creating multiple streams of value for investors and owner users alike. The commercial space is currently occupied by a tenant with approximately one year remaining on the existing lease, providing dependable near term income while allowing flexibility for future planning. A major capital improvement has already been completed, with the roof fully replaced approximately four years ago, helping reduce future maintenance concerns. Behind the property, gated parking accommodates approximately seven to eight vehicles, offering a valuable convenience for both tenants and customers. The residential component presents an attractive opportunity to enhance returns, with the two bedroom unit offering rental upside of approximately $2,600 per month, while a possible three bedroom vacancy creates additional repositioning and income growth potential. Whether you're looking to expand your investment portfolio or secure a property with both stability and room to increase value, this is an opportunity filled with possibilities.

Location

State CA

County Los Angeles

Area C42 - Downtown L.A.

Zoning LA-R3 mixed use

Interior

Heating Central

Cooling Central Air

Fireplace No

Laundry Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup

Exterior

Fence None

Utilities Available Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected

Roof Type Flat Tile

Total Parking Spaces 7

Building

Lot Description 0-1 Unit/Acre, Level, Paved, Rectangular Lot, Walkstreet

Story 2

Water Public

Others

Tax ID 5128007006

Security Features Carbon Monoxide Detector(s),Smoke Detector(s),Security Lights

Acceptable Financing Cash, Cash to New Loan, Conventional

Listing Terms Cash, Cash to New Loan, Conventional

Special Listing Condition Standard


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Listed by Abigail Yeboah Real Brokerage Technologies, Inc. 562-350-7347, DRE #02207861

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David Swanson

David Swanson

Agent | License ID: 01479626

+1(619) 203-1809

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2922 -2924 Maple AVE