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32816845
32816819

234 E. Avenue 33, Los Angeles, CA 90031 For Sale

CG
CA 01914803
Avison Young - North Los Angeles
Avison Young - North Los Angeles
Listed by Avison Young - North Los Angeles
$9,995,000
57 days on market
Updated 57 days ago

234 East Avenue 33

Details
APN 5206-013-023
Property Type Retail, Special Purpose
Sub Type School
Square Footage 27,104
Price per SqFt $369
Year Built 1914 / 1971
Buildings 2
Acreage 4.290
Zoning LA RE20 (E Occupancy) - Buyer to verify
Parking Spaces 24 spaces
Parking per 1,000 SqFt 0.89

Retail | 27,104 SqFt

Marketing description

234 E Avenue 33 is a unique multi-building campus property located in the Lincoln Heights neighborhood of Los Angeles. The main structure is a historically significant three-story building with a fully built-out basement. Originally constructed in 1918, the main building encompasses approximately 20,156 square feet and underwent a seismic retrofit in 1993, providing enhanced structural stability while preserving its historic character. Additionally, extensive capital improvements were completed in the last few years, including a comprehensive exterior renovation.

A second building was added to the property in 1971, offering approximately 6,948 square feet across two floors. Plans were drawn for the addition of an auditorium as a third floor, though this project was not undertaken. 

In 1985, a recreation pavilion was constructed and is currently utilized as outdoor basketball courts with stunning views of the City and DTLA, further enhancing the property’s utility as an educational and community-oriented campus.

This site is well suited for a charter school, infant care, rehabilitation center, or home for the aged. The property was most recently occupied by Los Angeles Leadership Academy High School, which operated its educational public charter program across this campus. Property is currently vacant.

Investment highlights

  • Campus-Style Property: Historic main building (± 20,156 SF) with seismic retrofit and recent exterior upgrades, plus a two-story secondary building (± 6,948 SF).
  • Large Site: Approximately 4.29 acres in Montecito/Lincoln Heights.
  • Enhanced Amenities: Recreation pavilion currently used as outdoor basketball courts.
  • Flexible Use Opportunity: Former charter school campus, currently vacant and adaptable to a variety of uses.

Listing Contacts

CG
CA 01914803
Avison Young - North Los Angeles
Avison Young - North Los Angeles
Listed by Avison Young - North Los Angeles

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