$699,000
For Sale

3414 Fowler Street

Los Angeles, CA 90063
2568 sqft | 2 beds | 0.11 acres | #24434885
Listing OfficeMarcus & Millichap
Browse 4 photos
Type:Multi-Family
Structure:House
Zone:Commercial

Description

DO NOT WALK THE PROPERTY OR DISRUPT TENANTS. CONTACT LISTING TEAM FOR DETAILS. We are pleased to offer for sale a mixed use two unit commercial building located at 3414 Fowler Street. The subject property is located East of Soto Street and North of the 10 Freeway. The building is within an 8-minute drive to the heart of Downtown Los Angeles, offering a slew of vibrant restaurants, cafes, bars, theaters, grocery stores, gyms, and entertainment choices. The location also provides strong employment drivers like University of Southern California Health Campus, Los Angeles General Medical Center, and East Los Angeles College. Situated on a 4,844 square foot corner lot, the property is comprised of one one-bedroom apartment and a commercial retail unit. The property's retail component serves a lot of the surrounding businesses through its convenient store tenant. There is more than 71% rental upside through interior renovations. 3414 Fowler St presents investors a unique opportunity to attain a rare mixed-use asset in an up-and-coming pocket of East Los Angeles that is a short distance to the most attractive thoroughfare in the submarket. This area is currently undergoing a burgeoning gentrification that will support continued rental growth for a new investor who is looking to capitalize on the value-add potential this asset offers.

  • Interior Details
      • Bedrooms2
  • Property Details
      • Stories2
    • Measurements
      • Acres0.1112
      • Square Feet2568
  • Construction Details
      • Property TypeMulti-Family
    • Condition
      • Year Built1941
  • Community and Neighborhood Details
      • CountyLos Angeles
  • Financial Details
      • Original List Price$750,000
  • Other
      • MLS #24434885

Location

Marjorie CrowReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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