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Listed by Marisa Tranquilli of Keller Williams Larchmont
Extraordinary Investment Opportunity for Thrilling Mixed-Use Ownership with Limitless Potential. Brace yourself for this captivating Victorian treasure, meticulously reenergized and reimagined by acclaimed interior designer Joshua Cain. Tucked within the vibrant Highland Park HPOZ, a hub buzzing with LA's trendiest retail hotspots. Among the six existing units, the ground floor hosts 2 radiant commercial spaces, tailor-made for bustling retail activity or a dynamic office setup. Currently home to a thriving medi spa and a hair salon, this area is a playground for innovation, ready to accommodate legal practices, art studios, boutique ventures, and beyond. As if that's not enough, there are four rental units that can remain residential or turned into office space. This meticulously refurbished late 19th-century gem beckons both daring owner-occupiers and astute investors to seize an extraordinary opportunity in the coveted Highland Park scene. With an investment of approximately $1.5 million, this restoration project has infused the property with unparalleled value and quality. As mentioned this property boasts two dynamic commercial units. Coupled with these are four residential apartments: two inviting studio bedroom units, and two airy three-bedroom units which can be used as a 30 day+ Airbnb immediately. A triumphant transformation has revitalized these residential units, breathing new life into their very core. All units can be delivered vacant at COE. Additionally, commercial tenants and occupants of the studio-bedroom units are open to staying after COE, adding more appeal to this amazing investment. The adjacent parking lot address 116 S. Ave. 64, APN - 5492036032 is included in this sale.

Property Details of 120 S Avenue 64

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Based on information submitted to CRMLS as of April 18, 2024 10:53 PM EDT . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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