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Property Description

Prime Location for a Commercial & Residential Investment. Mixed use property.
Seize this exceptional opportunity to own a versatile property perfect for both an owner-operator and an investor! This property boasts a spacious retail storefront --ideal for retail, service, or professional use--with 7-8 parking spaces to ensure easy access for customers and clients alike. The store alone offers a spacious 1,332 sqft.

Recently remodeled on the exterior and professionally prepared for sale, the building offers incredible curb appeal in a high-traffic area. Upstairs, you'll find a newly renovated, spacious residential unit featuring slightly over 1,000 sqft, three bedrooms, one full bathroom, an AC window unit, and a washer/dryer in the kitchen. The large 18x17 open patio provides stunning views of the city--perfect for relaxing or entertaining guests. Additionally, there's a separate two-car detached garage, a sizable backyard area with a large concrete space, ideal for outdoor activities or additional parking.
The residential unit will be delivered fully vacant, making it an excellent opportunity for an owner-user or an investor looking to maximize rental income at current market rates.

Whether you're looking to establish a thriving business in a high-visibility location or generate steady rental income from the upstairs unit, this property offers unmatched flexibility and potential. The storefront's excellent visibility and traffic flow paired with the upstairs living space can be tailored to meet your needs or rented out to help offset your investment.

Located in the vibrant heart of East Los Angeles--near the Metro E Line, proximity to the 710 and 60 freeways, local shops, restaurants, and community amenities--this is a rare find for entrepreneurs, investors, or anyone wanting to live and work in the city's core.

Don't miss out on this unique opportunity to own a mixed-use property with endless possibilities. Schedule your viewing today!

Overview

Property Status
For Sale
Lot Size
6,845 Sq.Ft.
MLS ID
PW25129435
Property Type
Multi-Family
Year Built
1963

Features & Amenities

Neighborhood
Los Angeles County
View Description
City Lights
Stories
2
Garage Spaces
2.0
Water Source
Private
Utilites
Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Available, Sewer Connected, Water Available, Water Connected
Pool
None
Roof
Shingle
Lot Features
0-1 Unit/Acre
Parking
Door-Multi, Driveway, Garage, On Site
Heat Type
Wall Furnace
Air Conditioning
Wall/Window Unit(s)
Sewer
Public Sewer
Substructure
Slab
Security Features
Carbon Monoxide Detector(s), Fire Detection System, Smoke Detector(s)
Sales Price
$1,150,000
Zoning
LCC2-R2*

Downloads

4620 E 3rd Street

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for your interest in 4620 E 3rd Street, Los Angeles, CA 90022

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4620 E 3rd Street

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