$2,295,000
Active Under Contract
13 Days Online
0 Beds0 Baths3,657 SQFT
Active Under Contract

7035 N Figueroa Street Los Angeles, CA 90042

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Retail/Residential Mix in the heart of Highland Park at 7035 N Figueroa Ave, currently home to the renowned Discount Mirrors Studio. This unique property blends residential and commercial spaces, perfect for creative professionals, entrepreneurs, and investors. The main building features a professionally designed recording studio, a cozy bachelor studio with a kitchenette, and a prime storefront retail space, ideal for a gallery or boutique.Adding to its allure, the property includes a charming 650 sq ft detached bungalow at 6029 Tipton Way. This bungalow offers versatility as a guest house, rental unit, or private residence, nestled on a quiet street yet just steps from the main building.Located in a vibrant neighborhood, this property is surrounded by popular spots like The York, Kitchen Mouse, Highland Park Bowl, Avenue 50 Studio, The Judson Studios, and Materia. Enjoy trendy cafes, bars, and eateries such as Cafe de Leche, The Hermosillo, and ETA, making it a desirable location for both living and business.With potential rental incomes of $3, 000-$3, 200/month for an 800+ sq ft gallery space and $2, 200-$2, 500/month for the bungalow, this property presents a fantastic investment opportunity. The versatile spaces can be reconfigured to suit your needs, offering multiple income streams.Ample street parking is available for tenants, clients, and visitors. New roof on all structures including garage. Updated electrical. New split system heating/cooling in main structure. Don't miss this incredible chance to own a dynamic property in one of Los Angeles' most sought-after neighborhoods, where creativity and opportunity converge! Delivered vacant! DO NOT DISTURB OCCUPANTS.

  • Property TypeMulti-Family
  • NeighborhoodN/A
  • CountyLos Angeles
  • Taxes$0
  • HOA/Condo/Coop Fees$0
  • Days on Site12 Days
  • MLS StatusActive Under Contract
  • MLS ID Number24394705
  • Home Size Source N/A
  • Year Built1923
  • Lot Size0.1241 Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Style See Remarks
  • Parking Garage - Single DoorDriveway
  • Parking Spaces 2
  • Sewer Other
  • Number of Stories 10
  • Acreage 0.1241
  • Garage Spaces 1
  • Zoning LARD1.5
  • Listing Conditions Standard

Interior Features

  • Cooling Heat Pump
  • Heating Heat Pump
  • Flooring Wood

Community Features

  • Senior Community No
  • MLS Area 632 - Highland Park

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Monthly Payment (Est.)

$12,252
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