$850,000
Discover an incredible investment opportunity in the heart of vibrant Cypress Park! This versatile property features two commercial units at street level, perfect for retail, office, or creative space, offering excellent visibility and foot traffic along Cypress Ave. Above the commercial spaces, you’ll find five residential apartments. The apartments boast a mix of layouts and size. Located in the highly sought-after Cypress Park neighborhood, this property benefits from a thriving local community and proximity to some of Los Angeles’ most exciting attractions. Just minutes away, enjoy the eclectic shops, trendy cafés, and popular eateries of Highland Park, Frogtown, and Glassell Park. Outdoor enthusiasts will love the nearby Los Angeles River Bike Path and access to sprawling parks like Elysian Park and Rio de Los Angeles State Park. With a unique blend of historic charm and a rapidly emerging cultural scene, Cypress Park is quickly becoming one of the city’s most desirable places to live, work, and play. With easy access to major freeways, public transportation, and a steady influx of creative professionals and young families, this multi-use property is ideally positioned to capitalize on the area’s continued growth. A rare find with significant income potential, this is a must-see for savvy investors looking to secure a cornerstone in one of Los Angeles’ most dynamic neighborhoods!
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Listed by Manuel Fierros with Ontrak Real Estate (562) 242-1545
Property Type
Mixed Use
Status
Active
MLS Number
PW25272591
Year Built
1914
Lot Size
5,619 sq ft