Listing provided courtesy of Collin St Johns of Pinnacle Estate Properties - N. Last updated 2025-04-29 08:34:56.000000. Listing information © 2024 Sandicor.
Asking Price: $1,490,000 |
3616 Washington, Los Angeles CA 90018
Community: C16 - Mid Los Angeles
This property was built in 1922 and is priced at $1,490,000. Please see the additional details below.
Investor's Opportunity ***Mixed-Use Building with Strong Upside Potential*** Unlock the potential of this income-producing mixed-use property, perfectly positioned for value-add investors. This two-story building features three commercial units on the ground floor- ideal for retail, office, or service-based businesses and eight residential units on the second level, offering a steady stream of rental income. Key property highlights: *New roof (2024) recently replaced, reducing immediate capital expenditures. *New water heater (2023) upgraded for efficiency and tenant satisfaction. *Secured parking lot with 8 dedicated spaces a rare and valuable amenity. *Prime layout for multiple revenue streams diversify your portfolio with both commercial and residential tenants.* While the building needs some work, it presents a tremendous value-add opportunity for the right investor to renovate and increase rents or reposition the asset entirely. Whether you're a seasoned investor or looking for your next project with high return potential, this property delivers on location, flexibility, and long-term upside. Rent roll upon request.