Listing ID: 46058

Business Overview

Two good income properties in the same location, on the same parcel. One building was previously used as a photography studio, the other unit (facing Sunset Blvd) has multiple uses. Buildings were remodeled inside in 2010 and 2015 and have been well maintained. In recent years, the rear building received a new roof and hot water tank. The front building has received upgrades to the A/C (2020) and furnace and partial roof replacement (2019). Paved parking with garage in the rear building, ideal for storage. The front building has a full basement, office area, and (2) two BR apartments. The rear building has an office, (1) two BR apartments, and (1) two-bedroom apartments. Office units were previously rented for $600 and $550. Great investment opportunity.

Financial

Seller Financing Available

  • Asking Price: $185,000
  • Cash Flow: N/A
  • Gross Revenue: N/A
  • EBITDA: N/A
  • FF&E: N/A
  • Inventory: N/A
  • Inventory Included: No
  • Established: 1948

Detailed Information

  • Property Owned or Leased:Own
  • Property Included:Yes
  • Building Square Footage:7,840
  • Lot Size:N/A
  • Total Number of Employees:N/A
  • Furniture, Fixtures and Equipment:N/A