Detail

Updated on December 12, 2019 at 6:01 pm

  • Land Area: 5,500 sq ft
  • Property Size: 9,223 sq ft
  • Price: $1,700,000
  • Year Built: 1925

Description

• Price reduced! Seller motivated!
• Excellent mixed-use investment opportunity near DTLA
• 2-story retail and residential building
• $91,367 estimated net annual income
• 5.37% cap rate
• Signalized corner of Maple Avenue and 23rd Street
• Located 3 blocks north of Adams Blvd and one-half mile from Harbor (110) and Santa Monica (I-10) Freeways
• Easy access to DTLA, Trade Tech College and USC campus
• Brick construction built in 1925
• Separate gas and electric meters; water paid by owner
• 5 ground floor retail units currently occupied by 4 tenants
• 8 second floor apartment units occupied by 5 tenants (3 units vacant)
• Probate sale subject to court approval

Property Documents

  • Marketing Package for 2301 Maple Ave
  • Address: 2301 Maple Ave
  • City: Los Angeles
  • State/county: CA
  • Zip/Postal Code: 90011
  • Neighborhood: Downtown Los Angeles
  • Country: United States

Contact info

Martin S. Beck
Martin S. Beck
213.222.1202323.314.7729
Linkedin

Inquire about this property

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