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2720-2722 W 54th St
Los Angeles, CA 90043
Retail Property For Sale
Investment Highlights
- 7-unit residential building combined with a sizable commercial space offering mixed-use appeal.
- Ground-floor commercial area offers approximately 3,000 square feet for retail, service, or adaptive reuse.
- Located in Park Mesa Heights with strong connectivity to Downtown Los Angeles and major freeways.
- Current monthly residential income of $9,035, with additional $5,000+ potential from retail lease-up.
- Recent upgrades include brand-new electrical meters and earthquake retrofitting for added safety and efficiency.
- Flexible investment profile suitable for long-term income or owner-user use.
Executive Summary
$100K PRICE REDUCTION--An exceptional opportunity to acquire a mixed-use asset with both stability and upside in a high-demand Los Angeles neighborhood. This property features seven total units, including six fully leased residential apartments delivering $9,035 per month, and a ground-floor retail space of approximately 3,000 square feet ready for occupancy. The commercial space provides versatility for an owner-user or additional rental income, with projected monthly revenue exceeding $5,000 once leased.
The property has been upgraded with modern electrical infrastructure and earthquake retrofitting, ensuring compliance and operational efficiency. Situated in Park Mesa Heights, one of Los Angeles’ most connected communities, this property offers excellent walkability, nearby transit access, and convenient routes to Downtown Los Angeles, major freeways, and employment hubs.
This is a rare value-add investment or an ideal owner-user opportunity, priced to sell and positioned for strong long-term returns.
The property has been upgraded with modern electrical infrastructure and earthquake retrofitting, ensuring compliance and operational efficiency. Situated in Park Mesa Heights, one of Los Angeles’ most connected communities, this property offers excellent walkability, nearby transit access, and convenient routes to Downtown Los Angeles, major freeways, and employment hubs.
This is a rare value-add investment or an ideal owner-user opportunity, priced to sell and positioned for strong long-term returns.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
6,138 SF
Building Class
C
Year Built
1923
Price
$1,515,954 CAD
Price Per SF
$246.98 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
1.28
Lot Size
0.11 AC
Opportunity Zone
Yes
Zoning
LAC2 - Commercial - C1.5 Uses; Retail w/ Limited Manufacturing, Service Stations and Garages, Retail Contr. Business, Churches, Schools, Auto Sales, R4 Uses
Property Taxes
| Parcel Number | 5006-026-003 | Improvements Assessment | $71,149 CAD |
| Land Assessment | $498,091 CAD | Total Assessment | $569,241 CAD |
Property Taxes
Parcel Number
5006-026-003
Land Assessment
$498,091 CAD
Improvements Assessment
$71,149 CAD
Total Assessment
$569,241 CAD
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