Great Investment Opportunity
Steady Cash Flow
Close to Redevelopment in Downtown LA
Great Location on Busy Street
Property Description
This
light manufacturing commercial property is a tremendous investment
opportunity and it will have great appreciation from the spill over of
all the construction that is going on in downtown Los Angeles right
now. Four of the tenants are month to month and the last tenant's lease
will be up at the end of September. You can use this as an owner
occupant or you can convert to NNN. There is additional income from the
pay phone that is on the property which amounts to about $60-70 a
month. The current rents are below market and there is a great upside
potential in rent. There is room behind the property for 3 cars to park
tandem.
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