5628 York Boulevard
Los Angeles, CA 90042

The Mangassarian Team is excited to present an unparalleled investment opportunity at 5628 York Blvd, Los Angeles, CA 90042. This propertyshowcases a 2,655-square-foot building and a generous 5,595-square-foot land area, complete with an alley. Its diverse layout features two1,000-square-foot commercial shops and a 1-bedroom house.Nestled in the prime location of York Blvd in Eagle Rock, this property offers distinctive features, including a currently rented shop at $4,700, avacant shop open for customization, and an available house for rent at $2,500. Priced attractively at $1,788,500, the property comes with specialfinancing options, including owner carry with a 30% for 5 years at 5.5% interest only.Highlighting its investment appeal, the property boasts a vibrant location on York Blvd, renowned for trendy establishments. Its advantageousproximity to a large grocery store ensures significant foot traffic, enhancing its visibility. The property's versatility is evident, catering to both retailand 1BR residential purposes.Diving into the detailed aspects, the property can be categorized as a Class C retail storefront with integrated residential components. Originallyconstructed in 1947 and subject to a meticulous renovation in 2023, the structure epitomizes a single-tenanted, 1-story configuration. Its FloorArea Ratio (FAR) stands at 0.47, indicating a balanced relationship between the building size and the land area.Strategically positioned within a C2 State Enterprise Zone, the property occupies 0.13 acres, providing a notable foundation for potential growthand development. Noteworthy features include ample on-site parking, comprising 6 spaces, translating to a favorable ratio of 2.26 spaces per1,000 square feet leased. Additionally, the property boasts a substantial 40 feet of frontage on the bustling York Blvd.This investment opportunity is intricately crafted, combining a strategic location with a diverse layout, setting the stage for multifaceted utility