About 3616 Washington Boulevard
Investor's Opportunity ***Mixed-Use Building with Strong Upside Potential*** Unlock the potential of this income-producing mixed-use property, perfectly positioned for value-add investors. This two-story building features three commercial units on the ground floor- ideal for retail, office, or service-based businesses and eight residential units on the second level, offering a steady stream of rental income. Key property highlights: *New roof (2024) recently replaced, reducing immediate capital expenditures. *New water heater (2023) upgraded for efficiency and tenant satisfaction. *Secured parking lot with 8 dedicated spaces a rare and valuable amenity. *Prime layout for multiple revenue streams diversify your portfolio with both commercial and residential tenants.* While the building needs some work, it presents a tremendous value-add opportunity for the right investor to renovate and increase rents or reposition the asset entirely. Whether you're a seasoned investor or looking for your next project with high return potential, this property delivers on location, flexibility, and long-term upside. Rent roll upon request.
Features of 3616 Washington Boulevard
| MLS® # | 25513419 |
|---|---|
| Price | $899,000 |
| Sold Price | $670,000 |
| Bathrooms | 0.00 |
| Lot Sqft | 7,503 |
| Acres | 0.17 |
| Year Built | 1922 |
| Type | Commercial Sale |
| Status | Closed |
Community Information
| Address | 3616 Washington Boulevard |
|---|---|
| Area | C16 - Mid Los Angeles |
| City | Los Angeles |
| County | Los Angeles |
| Zip Code | 90018 |
Amenities
| Is Waterfront | No |
|---|---|
| Has Pool | No |
Interior
| Has Basement | No |
|---|---|
| Fireplace | No |
Additional Information
| Date Listed | March 18th, 2025 |
|---|---|
| Date Sold | September 30th, 2025 |
| Days on Market | 180 |
| Zoning | LACM |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Collin St Johns |
|---|---|
| Office | Pinnacle Estate Properties - N |