$2,499,000
Prime Mixed-Use Investment with Strong Income & Development Potential. Rare opportunity to own a high-visibility mixed-use property on the busy Las Tunas commercial corridor. Situated on a large 17,727 sq ft lot with 4,287 sq ft of building space, this versatile property features 1 street-front retail store and 4 residential units, offering multiple income streams and long-term upside. The commercial storefront enjoys excellent exposure to both vehicle and foot traffic and is right next to Jefferson MS, creating strong potential for businesses such as a boba tea shop, café, taco shop, or quick-service food concept. The residential portion includes four units: Two 1BD / 1BA; One 2BD / 1BA; One 3BD / 2BA with a large private yard. Recent improvements include two units with brand-new renovated kitchens and the 3-bedroom unit with a newer kitchen, enhancing tenant appeal. Additional highlights: 4 carports + 6 assigned parking spaces. Ample on-site parking. Individual laundry setups for each unit (3 in-unit, 1 in a separate laundry room) The large lot and mixed-use zoning offer excellent potential for future redevelopment or expansion (buyer to verify with city). Ideal for investors or owner-users seeking strong current income with long-term growth potential in a prime location.
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Listed by Joseph Yen with Compass (650) 941-1111
Property Type
Commercial Sale
Status
Active
MLS Number
ML82038866
Year Built
1955
Lot Size
0.41 acres