$745,000

1920’s Bricker near the corner of Temple and Alvarado just off the 101 Fwy. The 2 story property features DTLA views, Four Residential Units, Five Retail Units plus a newly paved and gated rear parking lot! The exterior of the building was recently painted. Zoning is LAC2-1VL. Billboard lease is $21/month and the last 4 rents were for the Commercial Stores. Numerous new developments are already under construction along the Temple corridor making this an asset that is poised to increase in value as Temple Blvd undergoes further gentrification in the immediate future. After generating more than 13 offers for the Seller, Dana was able to close the transaction with Cash at 96% of List Price!

• 5.76% CAP
• 9 Units
• Dana Generated More Than 13 Offers!
• Dana Represented the Seller
• DTLA Views
• Mixed Use Property