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7035 N Figueroa Street
Courtesy of ACME Real Estate
Sold

7035 N Figueroa Street

7035 N Figueroa Street, Los Angeles, CA 90042

$2,075,000
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.

Studio

3,657 Sq.Ft. LIVING AREA

5,405 Sq.Ft. lot

Courtney Poulos

Courtney Poulos

FEATURES & AMENITIES

Interior

  • total bedrooms0
  • Flooring Wood

Area & Lot

  • Status Sold
  • Date Sold July 23, 2024
  • Living Area3,657 Sq.Ft.
  • Total Area3,657 Sq.Ft.
  • Lot Area5,405 Sq.Ft.
  • MLS® ID24394705
  • TypeResidential
  • YEAR BUILT1923
  • NeighborhoodNortheast Los Angeles
  • Architecture StylesSee Remarks

Exterior

  • STORIES1
  • Garage Space1.0
  • parkingDoor-Single, Driveway, Garage
  • HEAT TYPEHeat Pump
  • AIR CONDITIONINGHeat Pump
  • sewerOther

Financial

  • Sales Price$2,075,000
  • Zoning LARD1.5

Northeast Los Angeles

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