324 S Fresno Street, Los Angeles, California 90063

Potential upside income opportunity for this two separate retail and mixed use apartment building located on a corner lot with heavy pedestrian and auto traffic. Single story building facing Fresno has two retail space. The two story building facing 4th Street is a mixed use retail/apartment building. The owner is currently using the two retail space as office and storage. One of the retail space was used as a restaurant and a thrift store at one time. Three residential units are located above the two retail space. There are (2) 1 bedroom/1 bath unit and (1) 3 bedroom/1 bath unit. The property is subject to rent control. Separate meters for electric and gas except the single story building facing Fresno shares one meter. Subject property is located near freeway access and public transportation.