Seller may consider carrying a 1st with 25% Down Payment. (Owner User Possible) Fully occupied Residential Reentry Center with a Strong Operator boasting a 7% Cap Rate based on current income. The offering is situated on a large double lot totaling 14,403 Sq. Ft. of CM-1VL Zoning with great future development potential. The Current Land Designation: is Hospitals, Convalescent Homes allowing many uses. The building has a large courtyard and has been recently updated with a pro style kitchen, washer and dryer hookups and a commercial fire alarm system.
3,191 Sq Ft
0.3306 Private Acres Exterior Space
Investment
Built in 1961
MLS/Listing ID 22-211797
2 Units
Listing Courtesy of MARCUS & MILLICHAP, JON EMRANI - 310-909-5478
Source of Data: THE MLS