Estimated payment $8,206/month
About This Home
Presenting a prime opportunity to invest in a thriving commercial property, this property offers 2 units: one operating as a bakery and the other as a meat market, located in a vibrant neighborhood. Both units are well-equipped and visually appealing, with ample space for operations and customer engagement. With convenient amenities like nearby parking and public transit access, this property presents an attractive investment opportunity for those seeking a solid foothold in a bustling community. With established tenants and prime positioning, it's a promising prospect for long-term success and growth.
Listing Agent
Century 21 A Better Service Brokerage Phone: 323-797-3932 License #02181633 Listed on: 05/20/2025
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1925
Lot Details
- 6,502 Sq Ft Lot
- 1 Common Wall
- Density is 2-5 Units/Acre
Home Design
- Duplex
- Entry on the 1st floor
Interior Spaces
- 4,000 Sq Ft Home
- 1-Story Property
Bedrooms and Bathrooms
- Unit 1 Bedrooms: 0
- Unit 1 Bathroom: 0
Location
- Urban Location
Listing and Financial Details
- Legal Lot and Block 6 / B
- Assessor Parcel Number 6325002006
- $2,641 per year additional tax assessments
Community Details
Overview
- 2 Units
Building Details
- 2 Separate Electric Meters
- 1 Separate Gas Meter
- 1 Separate Water Meter
- Insurance Expense $11,000
- Operating Expense $11,000
- Gross Income $96,000
- Net Operating Income $85,000
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $11,987 | $650,210 | $258,395 | $391,815 |
| 2024 | $11,987 | $637,462 | $253,329 | $384,133 |
| 2023 | $11,782 | $624,963 | $248,362 | $376,601 |
| 2022 | $11,364 | $612,710 | $243,493 | $369,217 |
| 2021 | $11,231 | $600,697 | $238,719 | $361,978 |
| 2019 | $10,909 | $582,883 | $231,640 | $351,243 |
| 2018 | $10,678 | $571,455 | $227,099 | $344,356 |
| 2016 | $10,440 | $549,267 | $218,282 | $330,985 |
| 2015 | $10,318 | $541,018 | $215,004 | $326,014 |
| 2014 | $10,200 | $530,421 | $210,793 | $319,628 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/31/2025 12/31/25 | Price Changed | $1,350,000 | -3.6% | $338 / Sq Ft |
| 05/20/2025 05/20/25 | For Sale | $1,399,999 | -- | $350 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $200,000 | None Available | |
| Individual Deed | $270,000 | First American |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $200,000 | Seller Take Back |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: DW25112816
APN: 6325-002-006
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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