9918 Greeley St Los Angeles, CA 91042
This exceptional mixed-use property, located at 9918 Commerce Avenue / 7165 Greeley Street in the desirable Old Town Tujunga area of Los Angeles, California (zip code 91042), presents a unique owner-user opportunity. The freestanding, two-story building boasts approximately 3,000 square feet on a 0.09-acre corner lot, offering high visibility along Commerce Avenue. The ground floor, encompassing roughly 1,572 square feet, is ideal for retail, office, or storefront use, while the second floor features a spacious 1,452 square feet, currently configured as a three-bedroom, two-bathroom apartment. This provides an excellent income-generating potential for an owner-occupier. The property includes a fenced parking area and enjoys stunning views of the San Gabriel and Verdugo Mountains. Zoned C2-1L, subject to the Foothill Boulevard Corridor Specific Plan, this building presents a value-add investment opportunity in a revitalizing neighborhood experiencing significant new construction and renovation projects. The asking price is $950,000. APN: 2568-013-007. This property is perfect for those seeking a blend of commercial space and residential income in a highly visible and desirable location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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