CA > Los Angeles
Los Angeles, CA 90063,3414 Fowler St
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Los Angeles, CA 90063,3414 Fowler St
Los Angeles, CA 90063,3414 Fowler St
Los Angeles, CA 90063,3414 Fowler St
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Scott Goshorn

Scott Goshorn

+1(323) 251-5479
$ 699,000
Est. payment /mo
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Price Dropped by $51K

3414 Fowler St Los Angeles, CA 90063

2 Beds

2.5 Baths

2,568 SqFt

UPDATED:

11/08/2024 06:53 PM

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,568 sqft

Price per Sqft $272

MLS Listing ID 24-434885

Bedrooms 2

Year Built 1941

Lot Size 4,844 Sqft

Acres 0.1112

Property Description

DO NOT WALK THE PROPERTY OR DISRUPT TENANTS. CONTACT LISTING TEAM FOR DETAILS. We are pleased to offer for sale a mixed use two unit commercial building located at 3414 Fowler Street. The subject property is located East of Soto Street and North of the 10 Freeway. The building is within an 8-minute drive to the heart of Downtown Los Angeles, offering a slew of vibrant restaurants, cafes, bars, theaters, grocery stores, gyms, and entertainment choices. The location also provides strong employment drivers like University of Southern California Health Campus, Los Angeles General Medical Center, and East Los Angeles College. Situated on a 4,844 square foot corner lot, the property is comprised of one one-bedroom apartment and a commercial retail unit. The property's retail component serves a lot of the surrounding businesses through its convenient store tenant. There is more than 71% rental upside through interior renovations. 3414 Fowler St presents investors a unique opportunity to attain a rare mixed-use asset in an up-and-coming pocket of East Los Angeles that is a short distance to the most attractive thoroughfare in the submarket. This area is currently undergoing a burgeoning gentrification that will support continued rental growth for a new investor who is looking to capitalize on the value-add potential this asset offers.

Location

State CA

County Los Angeles

Area East La

Zoning LCM1*

Rooms

Other Rooms Other

Interior

Heating Other

Cooling Other

Equipment Other

Exterior

Garage None

Garage Spaces 2.0

Building

Story 2

Level or Stories Two

Others

Special Listing Condition Standard

TheMLS (CLAW)
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2024 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Marcus & Millichap

Scott Goshorn

Director- Luxury Estates | License ID: 01964409

+1(323) 251-5479

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