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New
2600 S Main Street Los Angeles, CA 90007
18,200 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Comm Ind For Sale
Listing Status Active
Purchase Type For Sale
Square Footage 18,200 sqft
Price per Sqft $268
MLS Listing ID CL26985045
HOA Y/N No
Year Built 1905
Lot Size 9,194 Sqft
Acres 0.2111
Property Sub-Type Comm Ind For Sale
Property Description
Three (3) contiguous parcels at the signalized intersection of major arteries Main St & Adams Blvd, only 3 blocks from the Lorenzo Apartments one of USC's largest off-campus student housing communities. Consists of a two-story industrial/flex building of 18,200 SF zoned M1, a single-story 4-unit residential apartment zoned R4, and a parking lot zoned R4. All of the tenants are Month-To-Month the in-place NOI is approximately $175,000 with the Buyer's new tax basis. Situated within a federally designated Opportunity Zone, the properties offer compelling potential for redevelopment, value-add repositioning, or owner-user occupancy. Attached is a feasibility study for the two R4 lots on their own, which show a potential for up to 91 units. The assets may be purchased individually or as a combined portfolio, providing flexibility based on a Buyer's investment or development strategy.
Location
State CA
County Los Angeles
Zoning LAM1
Interior
Fireplace No
Exterior
Total Parking Spaces 16
Building
New Construction No
Others
Tax ID 5128001001
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Listed by Joseph Bolognese • Saxum West