All in one place

Everything to run your Real Estate Business


Listing Agent: Arthur Mangassarian CalDRE: 00751703 - Re/Max Tri-City Realty, 818-636-8899
crmls logo
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this website. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

5628 York Boulevard,  Los Angeles CA, 90042

(Active)
$1,788,500
|
2,655 sqft
|
MLS# GD24067109

Skip Slideshow
Last Updated: 5/1/2024 9:03 PM
Description for 5628 York Boulevard Los Angeles, CA 90042
The Mangassarian Team is excited to present an unparalleled investment opportunity at 5628 York Blvd, Los Angeles, CA 90042. This propertyshowcases a 2,655-square-foot building and a generous 5,595-square-foot land area, complete with an alley. Its diverse layout features two1,000-square-foot commercial shops and a 1-bedroom house.Nestled in the prime location of York Blvd in Eagle Rock, this property offers distinctive features, including a currently rented shop at $4,700, avacant shop open for customization, and an available house for rent at $2,500. Priced attractively at $1,788,500, the property comes with specialfinancing options, including owner carry with a 30% for 5 years at 5.5% interest only.Highlighting its investment appeal, the property boasts a vibrant location on York Blvd, renowned for trendy establishments. Its advantageousproximity to a large grocery store ensures significant foot traffic, enhancing its visibility. The property's versatility is evident, catering to both retailand 1BR residential purposes.Diving into the detailed aspects, the property can be categorized as a Class C retail storefront with integrated residential components. Originallyconstructed in 1947 and subject to a meticulous renovation in 2023, the structure epitomizes a single-tenanted, 1-story configuration. Its FloorArea Ratio (FAR) stands at 0.47, indicating a balanced relationship between the building size and the land area.Strategically positioned within a C2 State Enterprise Zone, the property occupies 0.13 acres, providing a notable foundation for potential growthand development. Noteworthy features include ample on-site parking, comprising 6 spaces, translating to a favorable ratio of 2.26 spaces per1,000 square feet leased. Additionally, the property boasts a substantial 40 feet of frontage on the bustling York Blvd.This investment opportunity is intricately crafted, combining a strategic location with a diverse layout, setting the stage for multifaceted utility
Price
$1,788,500
Los Angeles
2,655 (approx)
GD24067109
Active
Description
The Mangassarian Team is excited to present an unparalleled investment opportunity at 5628 York Blvd, Los Angeles, CA 90042. This propertyshowcases a 2,655-square-foot building and a generous 5,595-square-foot land area, complete with an alley. Its diverse layout features two1,000-square-foot commercial shops and a 1-bedroom house.Nestled in the prime location of York Blvd in Eagle Rock, this property offers distinctive features, including a currently rented shop at $4,700, avacant shop open for customization, and an available house for rent at $2,500. Priced attractively at $1,788,500, the property comes with specialfinancing options, including owner carry with a 30% for 5 years at 5.5% interest only.Highlighting its investment appeal, the property boasts a vibrant location on York Blvd, renowned for trendy establishments. Its advantageousproximity to a large grocery store ensures significant foot traffic, enhancing its visibility. The property's versatility is evident, catering to both retailand 1BR residential purposes.Diving into the detailed aspects, the property can be categorized as a Class C retail storefront with integrated residential components. Originallyconstructed in 1947 and subject to a meticulous renovation in 2023, the structure epitomizes a single-tenanted, 1-story configuration. Its FloorArea Ratio (FAR) stands at 0.47, indicating a balanced relationship between the building size and the land area.Strategically positioned within a C2 State Enterprise Zone, the property occupies 0.13 acres, providing a notable foundation for potential growthand development. Noteworthy features include ample on-site parking, comprising 6 spaces, translating to a favorable ratio of 2.26 spaces per1,000 square feet leased. Additionally, the property boasts a substantial 40 feet of frontage on the bustling York Blvd.This investment opportunity is intricately crafted, combining a strategic location with a diverse layout, setting the stage for multifaceted utility
Listing Information
Property Type: Multi-Family, Business Opportunities, 1 Story
0.13 Acres Assessor 2,655 (approx)
1947 1
Public
Neighborhood
Room Information
In Kitchen
Exterior / Lot Features
0 Covered Parking Spaces,
2-5 Units/Acre
Driving Directions
Eagle rock Blvd to Yok Street
Financial Considerations
5478027003
Listing Price History

Los Angeles Real Estate

Los Angeles is located in California. Los Angeles, California 90042 has a population of 3,956,168.

The median household income in Los Angeles, California 90042 is $67,964. The median household income for the surrounding county is $73,262 compared to the national median of $66,222. The median age of people living in Los Angeles 90042 is 38 years.

Data provided below are primarily sourced from Public Records data.

Nearby Recent Sales (Sourced from Public Records)
Street Address City Beds Baths Sold Price Sold Date
No information is available for recently sold properties within this search.
Price History
Date Event Price Source
4/4/2024 Active $1,788,500  USD  MLS info
Listing Agent: Arthur Mangassarian CalDRE: 00751703 - Re/Max Tri-City Realty, 818-636-8899
crmls logo
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this website. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
This content last refreshed on 5/1/2024 9:03 PM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.
We'll help you find your dream home!
Contact Customer Service
(555) 555-5555