
Los Angeles, California 90047
This Versatile Mixed-Use Income Property is a Strong Value Opportunity, listed at $780,000—positioned below the $817,920 Fair Market Value by 4%. This valuation gap provides $37,920 in Instant Equity. Boasting a Condition Rating of 3, the property features four renovated units with stone countertops and modern tiling, ready for immediate occupancy. Its high-visibility location and proximity to the 9/10 rated Middle College High School enhance its long-term appeal. This is a premier "house hack" for Owner-Occupants or Buy-and-Hold Investors seeking immediate cash flow.
Property is move-in ready.
Despite being built in 1923, the property has undergone significant interior renovations. Several units feature modern updates including new kitchen cabinetry with stone countertops, contemporary bathrooms with marble-patterned tiling and black fixtures, updated wood-look tile flooring, and recessed lighting. The property is move-in ready and well-maintained, though some secondary bathrooms show older, functional styles.
High School: Middle College High School (9/10).
This 4-unit mixed-use property offers a significant opportunity for rental income, allowing an owner-user to live in one unit while leasing the others to offset mortgage costs.
Situated on a high-traffic corridor, the property provides excellent visual exposure, which is a major asset for the commercial component and future business ventures.
Built in 1923, the property may require significant ongoing maintenance or capital expenditures to modernize older structural, electrical, and plumbing systems.
The local public schools are rated poorly, with most scoring between 1 and 3 out of 10, which may deter long-term residential families and impact tenant quality.
While the high-traffic location is a benefit for commercial use, the associated noise and congestion on Western Avenue can be a drawback for residential occupants seeking a quiet environment.
GREAT OPPORTUNITY TO OWN THIS 4 MIXED USE COMMERCIAL/RESIDENTIAL MULTI UNIT PROPERTY!. ATTENTION ALL FIRST TIME BUYERS AND INVESTORS!!! DON'T MISS OUT TO OWN THIS GREAT PROPERTY WITH HIGH TRAFFIC AND VISUAL LOCATING. FOR ANY FUTURE BUSINESS OR BUILDING MORE RESIDENTIAL UNITS. ALL UNITS WILL BE READY AND AVAILABLE FOR NEW OWNER OR RENTERS, READY TO GENERATE RENTAL INCOME. FIRST TIME BUYERS THIS PROPERTY PRESENTS AN EXCELLENT OPPORTUNITY TO LIVE IN ONE UNIT AND LEASE THE OTHER THREE UNITS, CREATING MONTHLY RENTAL INCOME. PROPERTY HAS LOTS OF POTENTIAL FOR INVESTMENT OR LARGE FAMILIES LOOKING TO LIVE IN THE SAME PROPERTY. DON'T MISS OUT. ALL SHOWINGS ARE BY APPOINTMENT ONLY.
No exterior & parking available.
Grades K-5 • 0.7 mi
Grades K-5 • 0.8 mi
Grades K-5 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 2,234 | 2,714.5 | 50% |
| Lot Size | 6,001 | 4,407 | 50% |
| Price | $780.0K | $640.0K | 50% |
| Price per sq ft | $349 | $253 | 50% |
| Built year | 1923 | 1939 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 65 | 116 | 50% |
Feb 16, 2026
$780,000
Initial Listing
Jan 3, 2018
$575,000
Public Record
Feb 8, 2011
$9,000
Public Record
Feb 8, 2011
$35,500
Public Record
Feb 8, 2011
$18,500
Public Record
Feb 8, 2011
$19,500
Public Record
Feb 8, 2011
$6,000
Public Record
Feb 8, 2011
$11,000
Public Record
Feb 8, 2011
$7,000
Public Record