2922-2924 E Maple Ave
Los Angeles, CA 90011
Commerce de détail Propriété À vendre

NEW $100,000 PRICE REDUCTION – HIGHLY MOTIVATED SELLER – SUBMIT ALL OFFERS. Now priced to sell at only $294 per square foot! This is a rare opportunity to acquire a well-maintained, income-producing mixed-use property situated on a signalized corner with a strong traffic flow in the heart of Los Angeles. The building features two highly visible ground-floor retail storefronts, ideal for a variety of commercial uses, as well as two spacious and well-appointed apartment units above. The residential unit mix includes one 3-bedroom, 2-bath unit and one 2-bedroom, 1.5-bath unit—each offering expansive layouts, abundant natural light, and attractive city views. Currently operating at a healthy 5.95% CAP rate with an aggressive 10.93 GRM, this property provides immediate cash flow and long-term investment upside. Pride of ownership is evident throughout the property, reflecting consistent maintenance and curb appeal.
Located just minutes from Downtown LA, USC, LA Live, and the Fashion and Flower Districts, this centrally positioned asset benefits from high tenant demand and excellent freeway connectivity with close access to the 10, 110, and 5. With strong fundamentals, a desirable unit mix, and motivated ownership, this is an exceptional opportunity for investors or owner-users seeking a quality asset in a growing LA submarket.