4,891 Sqft Lot
4,891 Sqft Lot
Key Details
Property Type Single Family Home, Multi-Family
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Subdivision Poly High (Ph)
MLS Listing ID SB26183509
HOA Y/N No
Year Built 1920
Lot Size 4,891 Sqft
Property Sub-Type Mixed Use
Property Description
For the income-focused investor, multiple existing revenue streams create a strong foundation, with three commercial spaces plus residential income and additional upside as rents and occupancy are optimized over time. With several different income sources under one roof, this is the kind of asset that offers diversification, flexibility, and plenty of ways to enhance long-term value.
The original three-bedroom, three-bath residence is currently being used as a two-bedroom, two-bath living area and a one-bedroom, one-bath living area, creating added versatility within the residential portion of the property. Behind it, the recently completed garage-conversion ADU offers approximately 1,200 square feet with two bedrooms plus an office/bonus room, two baths, laminate flooring, quartz countertops, wall-mounted air conditioning, and two parking spaces. Three separate exterior doors provide exceptional access and added flexibility in how the space can be occupied and enjoyed. Freshly finished and currently vacant, it offers an immediate opportunity for additional rental income or owner occupancy.
That flexibility creates several compelling ways to make the property work. An investor can benefit from diversified commercial and residential income. An owner-occupant may choose to live on-site while the remaining income-producing portions help offset ownership costs. A business owner could occupy one of the retail spaces while benefiting from income generated elsewhere on the property. And for the live-work buyer, the ability to live and operate a business from the same property is especially hard to replicate.
Add in the exposure of Atlantic Avenue, three commercial storefronts, multiple existing tenants, a freshly completed ADU, and the ability to combine business, residential, and investment uses in one location, and the opportunity becomes even more compelling.
High visibility. Multiple income streams. Owner-user potential. Live-work flexibility. And more than one way to unlock the value.
This is not a one-size-fits-all property. That is exactly what makes it so interesting.
Location
State CA
County Los Angeles
Area 9 - Poly High
Zoning LBPD25
Interior
Interior Features Ceiling Fan(s), High Ceilings, Quartz Counters, All Bedrooms Down, Bedroom on Main Level
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Fireplace No
Laundry Common Area, Inside
Exterior
Parking Features Assigned, One Space, Uncovered
Pool None
Community Features Curbs, Street Lights, Sidewalks
Roof Type Other
Total Parking Spaces 2
Private Pool No
Building
Lot Description Level
Story 1
Entry Level One
Sewer Public Sewer
Water Public
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 7210016014
Acceptable Financing Cash, Cash to New Loan, Conventional, Contract
Listing Terms Cash, Cash to New Loan, Conventional, Contract
Special Listing Condition Standard
Virtual Tour https://www.zillow.com/view-imx/cd2b7aa6-e410-4253-ad27-8fc2cbd6b23f?wl=true&setAttribution=mls&initialViewType=pano
