$2,250,000

2515 E 115th Place, Los Angeles, CA 90059

11,070 sqft

Commercial Property
Built in 1962
0.53acre lot
—— car garage
$203/sqft
Listed 8 months ago

Property Description

Terrific opportunity for an investor to own a commercial property with three long-term tenants, consisting of a kitchen cabinet store, auto mechanic and furniture store. Tenants are well established in the neighborhood and provide stable rental income, with rent increases underway. Rental income and expenses information to be provided soon. This property is divided into three parcels, each consisting of each tenant. The purchase of all three parcels as one commercial property should be a terrific opportunity for an investor looking for stable, stress-free income in a commercial-light industrial area of Los Angeles with steadily increasing property values.

Listing Status:: Active
Date Added:: March 27, 2025 at 05:00AM
Listing Office:: Harcourts Place : 949-307-6322
Listing Agent:: Paul Conti : 949-445-3467
MLS ID:: CRPW25067189

County: Los Angeles

Zoning: 6067024061

This listing courtesy of Paul Conti, Harcourts Place

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Ritter Elementary School

11108 Watts Ave, Los Angeles, CA, 90059

Grades KG-5

0.26 miles away

Southeast Middle School

2560 Tweedy Blvd, South Gate, CA, 90280

Grades 6-8

1.09 miles away

Simon Rodia Continuation

2701 Sequoia Dr, South Gate, CA, 90280

Grades 9-12

0.88 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.