Offered at: $990,000
2712 W Vernon Ave, Los Angeles 90008
Classic Art Deco building in historic Leimert Park. 7480 sq.ft. of mixed use space on walled and gated 7200 sq.ft. street to alley C2 lot with 12+ car parking. Downstairs is officially commercial, with full kitchen (plumbed for 4), 4 1/2 new baths, new electrical, plumbing, water heaters. Last rented for $5000. Upstairs is 4 large apartments. EQ retrofitted, new roof, 2 large skylights, high ceilings, 100% private sunny south facing yard. 5 gas meters, 6 electric meters. A+ location for day care: 2 blocks to 42nd St Elementary and Celerity Nascent Charter Schools and walkable to Audubon Middle School, Crenshaw High and the Leimert stop on the $2 billion Crenshaw/LAX Metro Rail line, which will link LAX to DTLA and Santa Monica (see L.A. Times article in agent remarks). 2 miles from USC, 3 miles from Rams/Chargers NFL stadium and Hollywood Park Tomorrow, 5 miles to LAX. C2 zoning allows myriad uses – see list in supplements. SBA 10% down owner-user loans available, but I suspect we’ll have cash offers by the time you’re reading this.