1120 Cypress AVE Los Angeles, CA 90065
4,717 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID OC25031819
HOA Y/N No
Year Built 1948
Lot Size 4,717 Sqft
Property Sub-Type Mixed Use
Property Description
A prime corner property with high visibility in Cypress Park featuring three side-by-side lots with LAR1.5 zoning. This is a unique opportunity for developers, investors, and business owners looking for multi-unit development potential or a turnkey investment with existing rental income.
Key Highlights:
- LAR1.5 zoning, ideal for small-lot subdivisions, multi-unit developments, or a custom-built community
- Three contiguous lots providing a combined footprint for development or mixed-use opportunities
- Income-producing property currently operating as a party supply store, flower shop, and retail space, with a long-term tenant on a month-to-month lease
- Additional business space with one unit used for ice cream bar distribution, with equipment included and sold as-is
- Recently upgraded unit featuring new stainless steel sinks, updated plumbing, industrial freezer, and fresh paint with $21,000 in recent improvements
- Prime location minutes from Highland Park, Frogtown, Downtown LA, Chinatown, and major medical centers
- Easy freeway access near I-5, I-110, and I-2, making it convenient for business operations and commuters
- Rapidly growing neighborhood with strong demand for housing, retail, and mixed-use developments
Whether you're looking to redevelop, expand, or hold as an investment, this rare multi-lot opportunity in an appreciating area offers versatility and strong upside potential.
Location
State CA
County Los Angeles
Area Cypk - Cypress Park
Interior
Fireplace No
Laundry None
Exterior
Community Features Park
Present Use Commercial
Building
Lot Description 0-1 Unit/Acre, 2-5 Units/Acre, Corner Lot, Near Park, Street Level, Value In Land
Story 1
Others
Tax ID 5453002001
Acceptable Financing Cash, Cash to New Loan, 1031 Exchange
Listing Terms Cash, Cash to New Loan, 1031 Exchange
Special Listing Condition Standard
Nearby Locations
- 10
Ivanhoe Elementary
Public | KG - 5
- 9
Gabriella Charter
Public | KG - 8
- 9
Horace Mann Elementary School
Public | PK - 5
- 9
Solano Avenue Elementary School
Public | KG - 6
- 9
Delevan Drive Elementary
Public | KG - 6
- 9
Eagle Rock Elementary & Magnet Center
Public | KG - 6
- 9
Celerity Troika Charter
Public | KG - 8
- 8
Clifford Street Math & Technology Magent
Public | KG - 6
- 8
Allesandro Elementary School
Public | PK - 5
- 8
Puc Milagro Charter
Public | KG - 5
- 7
Equitas Academy Charter #2
Public | 5 - 8
- 7
Celerity Octavia Charter
Public | KG - 8
- 7
Dorris Place Elementary
Public | KG - 6
- 7
Mt. Washington Elementary School
Public | KG - 6
- 7
Arroyo Seco Museum Science
Public | KG - 8
- 7
Latona Elementary School
Public | PK - 6
- 6
Betty Plasencia Elementary
Public | KG - 5
- 6
John Muir Elementary School
Public | KG - 6
- 6
Dahlia Heights Elementary
Public | KG - 6
- 6
Rockdale Visual & Performing Arts Magnet
Public | KG - 6
- 9
Renaissance Arts Academy
Public | 6 - 12
- 7
Eagle Rock Jr. / Sr. High School
Public | 7 - 12
- 6
Theodore Roosevelt Middle School
Public | 6 - 8
- 6
Irving STEAM Magnet
Public | 6 - 8
- 5
Puc Santa Rosa Charter Academy
Public | 6 - 8
- 5
Florence Nightingale Middle School
Public | 6 - 8
- 5
Los Angeles Leadership Academy
Public | 6 - 12
- 5
Luther Burbank Middle School
Public | 6 - 8
- 4
Puc Excel Charter Academy
Public | 6 - 8
- 3
Studio
Public | 6 - 8
- 3
Alliance College-Ready Middle Academy No. 5
Public | 6 - 8
- 1
John Liechty Middle School
Public | 6 - 8
- 1
Sal Castro Middle School
Public | 6 - 8
- 0
Dream Center Academy
Private | 6 - 12
- 0
Los Angeles Unified Alternative Education
Public | 7 - 12
- 0
Cds Secondary School
Public | 6 - 12
- 0
Pacific Ohana Acdemy
Private | 6 - 12
- 0
Academia Avance Charter
Public | 6 - 12
- 0
Optimist Charter
Public | 7 - 12
- 0
Puc California Academy for Liberal Studies
Public | 6 - 8
- 9
Downtown Business High School
Public | 9 - 12
- 9
Francisco Bravo Medical Magnet High School
Public | 9 - 12
- 8
Alliance Environmental Science and Technology High School
Public | 9 - 12
- 7
Alliance College-Ready Academy High No. 16
Public | 9 - 12
- 7
Ramon C. Cortines School of Visual and Performing
Public | 9 - 12
- 7
PUC Early College Academy for Leaders & Scholars (ECALS)
Public | 9 - 12
- 6
Usc Hybrid High School
Public | 9 - 12
- 6
Alliance Susan and Eric Smidt Technology High School
Public | 9 - 12
- 6
Lincoln High School
Public | 9 - 12
- 6
Benjamin Franklin High School
Public | 9 - 12
- 5
Belmont Sh-la Teacher Preparatory Academy
Public | 9 - 12
- 5
Camino Nuevo Charter High School
Public | 9 - 12
- 5
Roybal Learning Center
Public | 9 - 12
- 5
Alliance Tennenbaum Family Technology High School
Public | 9 - 12
- 5
Leadership in Entertainment and Media Arts (Lema)
Public | 9 - 12
- 5
Puc Ca Academy for Liberal Studies Early College H
Public | 9 - 12
- 5
Los Angeles International Charter High School
Public | 9 - 12
- 4
Miguel Contreras Learning Complex - School of Business & Tourism
Public | 9 - 12
- 4
Los Angeles River High School
Public | 9 - 12
- 4
Woodrow Wilson High School
Public | 9 - 12