$4,895,000
2600 S Main Street
Los Angeles, CA 90007
—
Beds
—
Baths
9,196
Square feet
1905
Built
Listing narrative
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.
Property Details
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Price
$4,895,000
Beds
Beds n/a
Type
Commercial
Home Size
9,196 sqft
Baths
Baths n/a
Lot Size
0.21 acres
Year
1905
Status
For Sale
Days on Market
61
$ / Sqft
$532
Courtesy of Saxum West






