6901 N Figueroa Street,  Highland Park CA, 90042 (Commercial)

Status: Sold
MLS#: WS14213817
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Last Updated: 12/2/2016 5:47 PM
Description for 6901 N Figueroa Street Highland Park, CA 90042
3 Units on 2 Parcels located at 6901 & 6905 N. Figueroa St., Highland Park. Great Investment! Major renovation and updated in 2009 including New Roof, New Electrical, New Plumbing to copper pipes, and part of sewer lines. It is a Commercial & Residential mixed use Income Property. It consists of A Convenience store with a Restaurant on street front with 10 years lease in place; 4 bedrooms/2 baths on second level; a STUDIO on lower level. Convenience Store has Beer and Wine License, lottery. Collecting combined rent of $4900 a month. Tenants pay for their own gas, electricity, water & trash. What a deal! Very well maintained with Owner's pride. Property situates at a signalized corner location in front of bus stop. Centrally located. Close to South Pasadena. Near Downtown Los Angeles, USC Medical Center, Chinatown, LA Union Station, Dodger Stadium, Rose Bowl Stadium etc... Great Income! Huge potential!
Price
Sold Price:
$753,000
Sold Date:12/31/2014
Los Angeles
WS14213817
Closed
Description
3 Units on 2 Parcels located at 6901 & 6905 N. Figueroa St., Highland Park. Great Investment! Major renovation and updated in 2009 including New Roof, New Electrical, New Plumbing to copper pipes, and part of sewer lines. It is a Commercial & Residential mixed use Income Property. It consists of A Convenience store with a Restaurant on street front with 10 years lease in place; 4 bedrooms/2 baths on second level; a STUDIO on lower level. Convenience Store has Beer and Wine License, lottery. Collecting combined rent of $4900 a month. Tenants pay for their own gas, electricity, water & trash. What a deal! Very well maintained with Owner's pride. Property situates at a signalized corner location in front of bus stop. Centrally located. Close to South Pasadena. Near Downtown Los Angeles, USC Medical Center, Chinatown, LA Union Station, Dodger Stadium, Rose Bowl Stadium etc... Great Income! Huge potential!
Listing Information
Property Type: Retail, Other
0.16 Acres 2009
Neighborhood
Room Information
Exterior / Lot Features
None
Financial Considerations
5480001017
Listing Price History

Highland Park Real Estate

Highland Park is located in California. Highland Park, California 90042 has a population of 1,902,251.

The median household income in Highland Park, California 90042 is $49,745. The median household income for the surrounding county is $56,241 compared to the national median of $53,046. The median age of people living in Highland Park 90042 is 34.1 years.

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Courtesy: KO TAI REALTY IRIS SUK-YI LAM
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