This exceptional mixed-use property in Los Angeles, CA, presents a compelling investment opportunity. Located at 7217 Geyser Avenue, this 13,085 square foot building sits on a 30,710 square foot lot and boasts a desirable C2 zoning (verification recommended), allowing for both commercial and residential uses. The two-story structure, built in 1964 and renovated in 2010, offers a versatile layout ideal for owner-users. The ground floor encompasses 9,300 square feet, currently featuring 6,750 square feet of owner-occupied space available immediately, along with two tenant-occupied spaces of 2,295 and 2,550 square feet respectively. The second floor provides an additional 3,785 square feet of space. Three apartments, measuring 1,235, 900, and 1,650 square feet, further enhance the property's income potential. The property includes 37 parking spaces and HVAC in the offices. Its prime location adjacent to Sherman Way ensures excellent ingress/egress and benefits from high traffic volume, surrounded by established businesses such as McDonald's, Carl's Jr., AutoZone, and 7-Eleven. The ground floor space is particularly well-suited for automotive repair, truck repair, or retail uses. This property offers a unique blend of commercial and residential income streams, making it an attractive investment for discerning buyers. Asking price: $4,660,000.
Highlights
Owner-user opportunity in a mixed-use building.
Ground floor ideal for auto/truck repair or retail; HVAC in offices.
37 parking spaces.
C2 zoning permits automotive and residential uses; building features 9,300 SF ground floor, 3,785 SF second floor, with 6,750 SF owner-occupied space available, plus two tenant-occupied spaces (2,295 SF and 2,550 SF) and three apartments (1,235 SF, 900 SF, 1,650 SF).
Excellent location near Sherman Way with high traffic counts, surrounded by national retailers.
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Arthur Pfefferman
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7217 Geyser Ave, Los Angeles, California, 91335
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7217 Geyser Ave
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