3403 4th Street

Los Angeles, CA 90063

$799,000

Listed Price
N/A

bed Beds

N/A

shower Baths

N/A sqft

straighten $727 / sqft

1950

calendar_month Built

Property Description

Situated at the signalized corner of Lorena Street and East 4th Street in the dense pocket of the Boyle Heights, the subject property was being used as a 3 bedroom and 2 bath Single Family house for 20+ years (delivered empty no later than 4/30/24). However, all the Certificate(s) of Occupancy, since it was constructed only allow for commercial uses. Prior to its residential dwelling use it was a Cafe and a Store location. The property is situated in a State Enterprise Zone which reduces the parking requirements to: 2 spaces for every 1,000 SF. More specifically, this would be the new parking requirement for Medical/Dental and Restaurant (take-out/sit-down) uses. The property will be vacant April 30th. City Attorney is requiring the subject to be converted back to its original use. SBA and Conventional loans will finance at 85% to 90% loan-to-value, plus finance all Tenant Improvements for an Owner-User Buyer to capitalize.

Interior Features

Bedroom Information
Bedrooms N/A
Bathroom Information
Bathrooms N/A

Listing Information

Address 3403 4th Street
City Los Angeles
State CA
Zip 90063
County Los Angeles
Listing Agent Jacqueline Moeller DRE#02074226
Co-Listing Agent Juan Jay Martinez DRE#01367663
Courtesy Of Kidder Mathews of California, Inc.
MLS 24385549
List Price $799,000
Status Active
Type Commercial
Structure Size N/A
Lot Size N/A
Year Built 1950
DOM 1

Exterior Information

Maps

Listing information courtesy of: Jacqueline Moeller, Juan Jay Martinez, Kidder Mathews of California, Inc. . *Based on information from the Association of REALTORS/Multiple Listing as of Apr 29th, 2024 at 12:24 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.