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Ernie Caponera

ernie@newport-properties.com +1(714) 606-0926

$885,000

Est. payment - /mo

3,001 Sqft Lot

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Key Details

Property Type Single Family Home, Multi-Family

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID DW26130575

Construction Status Updated/Remodeled

HOA Y/N No

Year Built 1940

Lot Size 3,001 Sqft

Property Sub-Type Mixed Use

Property Description

Exceptional Mixed-Use Investment Opportunity! This versatile income-producing property features a remodeled barbershop in the front currently generating $2,500 per month, along with an additional $200 per month in billboard income, creating multiple streams of revenue. Behind the commercial space are two vacant residential units, offering immediate rental income potential or owner-occupancy flexibility.
The residential portion includes a beautifully remodeled 3-bedroom, 1-bath residence and a brand-new 2-bedroom, 1-bath unit, both thoughtfully designed with modern finishes and equipped with central air conditioning and heating for year-round comfort. Each unit features convenient indoor laundry and has been extensively upgraded with new electrical panels, new plumbing, new flooring, recessed lighting, and fresh interior and exterior paint.
This turnkey property presents a rare opportunity for investors seeking strong cash flow and future rental upside, or for owner-users looking to live on-site while benefiting from multiple income streams. With established commercial income, billboard revenue, and two vacant residential units ready for immediate occupancy or leasing, this is a truly unique mixed-use asset with exceptional potential. Don't miss out on this one-of-a-kind investment opportunity!

Location

State CA

County Los Angeles

Area C23 - Metropolitan

Interior

Interior Features Open Floorplan, Quartz Counters, Recessed Lighting, All Bedrooms Down, Jack and Jill Bath

Heating ENERGY STAR Qualified Equipment

Cooling ENERGY STAR Qualified Equipment

Flooring Laminate

Fireplaces Type None

Fireplace No

Appliance ENERGY STAR Qualified Appliances, Gas Range, Trash Compactor, Water Heater

Laundry Washer Hookup, Inside

Exterior

Exterior Feature Rain Gutters

Fence Chain Link, Wrought Iron

Pool None

Community Features Gutter(s), Street Lights, Sidewalks

Utilities Available Sewer Available, Water Available

View Y/N No

View None

Roof Type Composition,Shingle

Private Pool No

Building

Lot Description No Landscaping

Story 1

Foundation Slab

Sewer Sewer Tap Paid

Water Public

Architectural Style Traditional

New Construction No

Construction Status Updated/Remodeled

Others

Senior Community No

Tax ID 6015035009

Security Features Window Bars

Acceptable Financing Cash to New Loan, Contract, Submit

Listing Terms Cash to New Loan, Contract, Submit

Special Listing Condition Standard

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Listed by Mirna Martinez ROA California Inc. 310-483-8904, DRE #01773121

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(714) 606-0926

ernie@newport-properties.com

2747 E COAST HWY Unit 200, CORONA DEL MAR, California, 92625, USA

1649 W Florence Los Angeles, CA 90047

Ernie Caponera

Key Details

Location

Interior

Exterior

Building

Others

Nearby Locations

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1649 W Florence