1851 Logan Ave, Logan Heights, CA 92113
- $1,995,000
- List Price
- $1,995,000
Property Description
After almost 100 years, the iconic "Las Cuatro Milpas" is for sale — a true American Dream! This sale includes TWO parcels, with La Victoria next door included. Las Cuatro Milpas is a mixed-use property featuring a restaurant and a detached single-family home with 2 bedrooms, 1 bathroom, and an optional third bedroom. The second parcel, La Victoria, consists of three buildings. The front building includes a retail store on the ground floor, a four dormitory-style studios upstairs and a full studio unit. The second building is a 3-car warehouse and plenty of parking with alley access. The third building is a duplex, with two 2-bedroom, 1-bath units. This is a unique opportunity in a prime location, a well-established, profitable restaurant with a strong following. HUGE DEVELOPMENT OPPORTUNITY!! Land use is for commercial/residential, 11,565sqft of lot allows you to build up to 28 units. Covered in all the benefits that fall under: the complete communities, Sustainable development, Transit Priority Area. This is a once in a lifetime opportunity to own in the heart of the city!
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Listing courtesy of Listing Agent: Voltaire Lepe (offers@lepetendwell.com) from Listing Office: eXp Realty of California, Inc..
Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.