Located at the corner of 22nd Avenue and California Street, this well-established Mixed-Use Triplex offers a unique combination of commercial and residential space in a neighborhood setting. The property has been home to Angelina's Deli-Cafe, a longtime neighborhood gathering place where patrons have enjoyed the cafe and deli for years. The deli-cafe occupies space of approximately 678 square feet with a basement level of approximately 1200 square feet, current rent for the deli-cafe is $4000 per month. The second commercial space is occupied by The Rainbow Laundromat, a family-operated business that has served the community for decades. The sale will include the business and all the operating equipment along with an ADU compliant bathroom. Market rent for the laundromat space is estimated at $2500 per month. The annual profit from the Laundromat business is expected to be approximately $56,000 for 2026. The third unit is a spacious 3-4 Bedroom Top Floor Flat measuring 1590 square feet. Tenant will be vacating in December, market rent for the unit is projected at $6500 per month. This is an Amazing Opportunity with a steady stream of income from monthly rents and business income. Bi-Rite Market opening across the street in 2027.
Listing courtesy of Sotheby's International Realty.