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3414 Fowler Street
Los Angeles, CA 90063
DO NOT WALK THE PROPERTY OR DISRUPT TENANTS. CONTACT LISTING TEAM FOR DETAILS. We are pleased to offer for sale a mixed use two unit commercial building located at 3414 Fowler Street. The subject property is located East of Soto Street and North of the 10 Freeway. The building is within an 8-minute drive to the heart of Downtown Los Angeles, offering a slew of vibrant restaurants, cafes, bars, theaters, grocery stores, gyms, and entertainment choices. The location also provides strong employment drivers like University of Southern California Health Campus, Los Angeles General Medical Center, and East Los Angeles College. Situated on a 4,844 square foot corner lot, the property is comprised of one one-bedroom apartment and a commercial retail unit. The property's retail component serves a lot of the surrounding businesses through its convenient store tenant. There is more than 71% rental upside through interior renovations. 3414 Fowler St presents investors a unique opportunity to attain a rare mixed-use asset in an up-and-coming pocket of East Los Angeles that is a short distance to the most attractive thoroughfare in the submarket. This area is currently undergoing a burgeoning gentrification that will support continued rental growth for a new investor who is looking to capitalize on the value-add potential this asset offers.
PROPERTY INFORMATION
| MLS # | 24434885 | Lot Size | 4,844 Sq. Ft. |
| HOA Fees | $0/Monthly | Property Type | N/A |
| Price | $ 699,000
Price Per SqFt: $ 272 |
DOM | 269 Days |
| Address | 3414 Fowler Street | Type | Residential Income |
| City | Los Angeles | Sq.Ft. | 2,568 Sq. Ft. |
| Postal Code | 90063 | Garage | N/A |
| County | Los Angeles | Year Built | 1941 |
| Bed / Bath | 2 / 0 | Parking | 2 |
| Built In | 1941 | Status | Active |
INTERIOR FEATURES
| Has Appliances | Yes |
EXTERIOR FEATURES
WALKSCORE
MAP
MORTGAGE CALCULATOR
- Principal & Interest:
- Property Tax: $746
- Home Insurance:$119
- HOA Fees:$0
- Mortgage Insurance:
PRICE HISTORY
| Date | Event | Price |
| 09/03/2024 | Listed | $750,000 |
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Listing provided courtesy of Sean Rosenzweig, Marcus & Millichap. Based on information from California Regional Multiple Listing Service, Inc. as of #Date#. This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
