Value Added Opportunity for a fully vacant Retail/Office/Residential property consisting of 7,824 SF of building and 5,663.SF of land. Potential to remodel the existing building or build new development. Listed at below market prices and has live/work potential. Mid Century Modern Mixed Use 2 Story Building located on Western Avenue, just south of Vernon Avenue.1st Floor has 7 commercial units (retail and office)2nd Floor has 4 one bedroom and one bathroom residential apartment unitsGated parking lot in rear with alley access. Property also features an atrium, front and rear staircases, and a storage room.Located in an Opportunity Zone, Los Angeles State Enterprise Zone , Redevelopment Project Area Western/Slauson, and Urban Agriculture Incentive Zone. Property has some deferred maintenance and needs updating. Various incentives and highly desirable loan programs for owner users are available. Property neighbors several large new developments. Neighborhood has lots of upside and growth potential. Across the Street from Barack Obama Global Preparation Academy & Westbrook Middle School. On Western Avenue Between 46th and 47th Street, South of Vernon Ave and North of Slauson Ave.Located in Transit Oriented Community Tier 3 (TOC 3) with bus stops located at Western/Vernon and Western/48th Ave. The centrally located property is eligible for Reduced Parking Requirements, AB 2334 Density Bonus, and probably AB 2011 Streamlined Approval. Showing by appointment.