Residential and Retail with Detached Bungalow

Pending
7035 N Figueroa St
Los Angeles, CA 90042
retail + studio + bachelor + bungalow  |  
3,657 per tax SQ FT
retail + studio + bachelor + bungalow BATH
3,657 per tax SQ FT

LISTED BY

Courtney Poulos

A state of the art designed recording studio perfect for musicians, producers, and audio engineers.

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.

perfect for a combination of residential, commercial, and creative uses.

multiple income streams with the potential to expand.

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. Visit www.discountmirrorsstudio.com to see more details on the current recording studio space.

Some improvements include:

  • New roof on bungalow, garage, and studio building
  • New split system heat/ac in main building
  • Updated electric
  • Insulation upgrades
  • Shear wall installed
  • Updated bathrooms in main building with new fixtures
  • Interior paint
  • Sealed and painted concrete floors
  • New LVP flooring in the mix room

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.

Los Angeles CA Real Estate & Homes for Sale