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801 N Marianna Ave
Los Angeles, CA 90063
801 N. Marianna Ave, Los Angeles CA 90063 · Retail Property For Sale
Investment Highlights
- Mixed-use property with both commercial and residential income streams.
- Two updated residential units provide additional rental income potential.
- Covered patio area and on-site parking support tenant and customer use.
- Long-established neighborhood grocery market with decades of operating history.
- Grocery business operates with multiple alcohol licenses in place.
- Convenient access to major Los Angeles freeway corridors.
Executive Summary
Great Investment Opportunity! Mixed-Use Property with Multiple Income Streams! Excellent opportunity to own a mixed-use commercial and residential property in Los Angeles featuring both established retail space and residential rental income. The second floor includes two 1-bedroom, 1-bathroom units, currently rented on a month-to-month basis. Both units have been updated and feature kitchens with dedicated dining areas. The ground floor features a fully operational neighborhood grocery market that has been in business for decades. The business is cash-flow positive and operates with multiple alcohol licenses. Seller may consider selling the grocery business separately for the right price. Additional features include a covered patio area and parking for multiple vehicles. Multiple income streams. One property. Tremendous investment potential. Located in a growing area of Los Angeles with convenient access to major freeways.
Property Facts
Sale Type
Investment or Owner User
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Building Size
1,920 SF
Building Class
C
Year Built
1924
Price
$1,522,400 CAD
Price Per SF
$792.92 CAD
Percent Leased
100%
Building Height
2 Stories
Building FAR
0.41
Lot Size
0.11 AC
Zoning
LCR2YY - Limited Commercial and Two-Family Residence
Parking
2 Spaces (1.04 Spaces per 1,000 SF Leased)
Frontage
Property Taxes
| Parcel Number | 5226-043-024 | Improvements Assessment | $121,839 CAD |
| Land Assessment | $373,861 CAD | Total Assessment | $495,700 CAD |
Property Taxes
Parcel Number
5226-043-024
Land Assessment
$373,861 CAD
Improvements Assessment
$121,839 CAD
Total Assessment
$495,700 CAD
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