2600 S Main St, Los Angeles, CA 90007
2600 S Main St, Los Angeles, CA 90007
2600 S Main St, Los Angeles, CA 90007
2600 S Main St, Los Angeles, CA 90007
2600 S Main St, Los Angeles, CA 90007
2600 S Main St, Los Angeles, CA 90007
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$ 4,895,000
Est. payment | /mo

18,200 SqFt


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$ 4,895,000
Est. payment | /mo
Save

18,200 SqFt

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 18,200 sqft

Price per Sqft $268

MLS Listing ID 26985045

Year Built 1905

Lot Size 9,194 Sqft

Acres 0.2111

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

Area Downtown L.A.

Zoning LAM1

Exterior

Garage Spaces 16.0

Others

Special Listing Condition Standard

TheMLS (CLAW)
Listed by Saxum West

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2600 S Main St