2600 Main St Los Angeles, CA 90007

This exceptional Los Angeles investment opportunity presents a unique blend of commercial and residential properties totaling 20,405 square feet on three contiguous parcels (23,774 sq ft total land area). Located at the signalized intersection of Main Street and Adams Boulevard, just three blocks from USC's Lorenzo Apartments, this property offers significant redevelopment potential. The existing structures comprise a two-story, 18,200 square foot industrial/flex building (zoned M1), a single-story four-unit residential apartment building (zoned R4), and a parking lot (zoned R4). Currently 100% occupied by month-to-month tenants, this provides immediate income while allowing a buyer the flexibility to occupy all or part of the buildings, or continue leasing to existing tenants during renovations or redevelopment. The property boasts a current NOI of $181,400, with a pro-forma NOI of $379,935 projected after light renovations, resulting in a pro-forma cap rate of 7.31%. The asking price is $5,200,000, representing a price per square foot of $254.84 and a land value of $219 per square foot. The property features 50 parking spaces and is situated in an Opportunity Zone, offering substantial federal capital gains tax incentives. Built in 1905, the property includes two buildings with two stories, and is zoned M1, R4, and R4 across the three parcels. This is a rare opportunity to acquire a fully occupied, mixed-use property with substantial upside potential in a prime Los Angeles location.