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$3,350,000
Est. payment /mo
0.26 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Warehouse
Listing Status Active
Purchase Type For Sale
MLS Listing ID PF26066563
HOA Y/N No
Year Built 1952
Lot Size 0.257 Acres
Property Sub-Type Warehouse
Property Description
Seize a rare opportunity in the heart of the Arts District. Situated on an approximately 11,204 SF LAM3-zoned lot, this property features an existing industrial structure and presents a blank canvas for investors, developers, and owner-users. The property has experienced prior fire damage and is being sold in its current as-is condition, presenting a value-add and redevelopment opportunity.
The property is currently designated for light manufacturing, supporting a range of industrial uses including production, fabrication, and warehousing. Buyers are advised to independently verify all potential uses, redevelopment options, zoning regulations, and requirements with the City of Los Angeles.
Located in one of Los Angeles' most dynamic and culturally rich corridors, the property is in close proximity to notable destinations such as Bavel, Camélia, and Manuela, along with established businesses including Bike Shed Moto Co. and Arts District Brewing. The area continues to attract creative companies, established brands, and ongoing development activity.
Whether repositioning the existing structure or exploring future redevelopment potential, this offering presents an opportunity to capitalize on industrial zoning in a highly desirable urban location.
The property is currently designated for light manufacturing, supporting a range of industrial uses including production, fabrication, and warehousing. Buyers are advised to independently verify all potential uses, redevelopment options, zoning regulations, and requirements with the City of Los Angeles.
Located in one of Los Angeles' most dynamic and culturally rich corridors, the property is in close proximity to notable destinations such as Bavel, Camélia, and Manuela, along with established businesses including Bike Shed Moto Co. and Arts District Brewing. The area continues to attract creative companies, established brands, and ongoing development activity.
Whether repositioning the existing structure or exploring future redevelopment potential, this offering presents an opportunity to capitalize on industrial zoning in a highly desirable urban location.
Location
State CA
County Los Angeles
Area C42 - Downtown L.A.
Zoning LAM3
Interior
Fireplace No
Laundry None
Building
Lot Description 0-1 Unit/Acre
Story 1
Water Public
Others
Tax ID 5166004004
Acceptable Financing Cash, Conventional, 1031 Exchange
Listing Terms Cash, Conventional, 1031 Exchange
Special Listing Condition Standard
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Listed by Adolfo Aguirre Real Broker 3103466380, DRE #02096534
Nearby Locations
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