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Key Details
Sold Price $1,335,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 5,504 sqft
Price per Sqft $242
MLS Listing ID 21744930
Sold Date 02/02/22
HOA Y/N No
Year Built 1950
Lot Size 5,262 Sqft
Acres 0.1208
Property Description
Huge $100k Price Improvement! Don't miss this unique investment opportunity in rapidly developing Boyle Heights. 324 S. Fresno, a mixed-use asset featuring an attractive brick facade, ripe for revitalization, is well positioned on a corner lot with significant street frontage at signalized corner providing ample foot and auto impressions. The primary building is ground floor retail (and possible restaurant use of corner space), upper story comprises one 2b1b and two 1b1b apartments. Second structure contributes two retail bays, both with back patio space. Property also provides 6 parking spaces in fenced, three tandem stall lot. Excellent location with easy public transit options including 2 Goldline metro stops along with proximity to the Sixth Street Bridge Project, Hollenbeck Park, booming Arts District and DTLA. Property can be delivered with two commercial units vacant, perfect for an owner user. Potential portfolio sale with neighboring 9 unit mixed use property at 3108 E 4th Street, contact listing agent for details.
Location
State CA
County Los Angeles
Area Boyh - Boyle Heights
Zoning LAC2
Rooms
Ensuite Laundry None
Interior
Laundry Location None
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Fireplace No
Laundry None
Exterior
Garage Garage, Tandem
View Y/N Yes
Parking Type Garage, Tandem
Total Parking Spaces 6
Building
Story 2
Architectural Style Traditional
New Construction No
Others
Senior Community No
Tax ID 5179011001
Special Listing Condition Standard
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Bought with Joel Nass • Clint Lukens Realty
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Tracy Thrower Conyers
Broker Associate, JD | License ID: 01712960
Broker Associate, JD License ID: 01712960