$4,895,000
FOR SALEActive2600 S Main Street
Los Angeles CA 90007
18,200
SF
Commercial
Type
1905
Built
$269/SF
Cost/SF
Listing Agent
Location Analysis
About This Property
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 Information
Property Overview
Commercial
Property Type
Active
Status
LAM1
Zoning
0.2111 acres
Lot Size
18,200 SF
Square Footage
$268.96/SF
Price per SF
$175K
NOI
1,905
Year Built
16
Parking Total
0.88
Parking Ratio
Property Highlights
N/A Property
Prime Location with High Visibility
Location Analysis
Building Details
Zoning & Use
Parking & Access
Investment Metrics
$175,000
NOI
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CRMLS
MLS# 26985045
Listed:
Nalren refreshed:
Last updated
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Listed by: Saxum West
Equal Housing Opportunity
Advertising Broker: Nalren Corp (CA DRE #02423715)
Licensed in the state of California
Nalren Corp (CA DRE #02423715) is the Advertising Broker for this IDX display. We are not the listing broker for this property. The listing broker/agent information is shown above. Contact the listing agent for inquiries.