Listed by Nai Capital - Downtown LA
$5,955,000
1316 S Los Angeles Street
Details
APN 5133-017-009
Property Type Mixed Use, Multifamily
Sub Type Apartment Building
Square Footage 26,000
Price per SqFt $327
Year Built 1915
Year Renovated 1993
Lot Size (SqFt) 6,970
Zoning M2
Mixed Use | 26,000 SqFt
Marketing description
The Property is a Mixed-use ±26,000 Square Foot Building Consisting of ±6,667 Square Feet of Three Ground Floor Retail Units, ±3,000 Square Foot Finished Basement and 24 One Room/one Bathroom Apartments on the 2nd and 3rd Floor (12 Units Per Floor)
Investment highlights
- Developing neighborhood.
- Located on a major thoroughfare.
- Upside rent potential. - 72%
- Multifamily building is unique to the neighborhood.
- Located within Opportunity Zone
- Plate girder I-beam steel construction
- Large retail spaces easily converted to creative office
- Approximately 3,000 square foot completed basement
- Side building advertising
Listing Contacts
Listed by Nai Capital - Downtown LA
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