We are pleased to present this rare opportunity to purchase a renovated manufacturing/warehouse building near Downtown Los Angeles at only $328/SF. Situated in a designated Qualified Opportunity Zone with great tax benefits. This refurbished building includes a new roof, fresh paint and updated electrical. The interior offers polished concrete flooring, 17' ceiling height, 800 AMP power service and one dock high loading door. Excellent visibility with 80' frontage on Pico Blvd. and 106' frontage on Velasco Street. Great location a the northwest corner of Pico Blvd. and Velasco Street just one block south of Olympic Blvd. and one block east of Lorena Street. Minutes from Downtown Los Angeles and a half mile south of the Golden State Freeway (I-5).
Two Story mixed use building with approximately 6 - 8 on site parking spaces and about 50 ft of street frontage. Located in the heart of Hollywood located on the major corridor of Santa Monica Blvd. Within a half mile of the freeway.
We are pleased to present a 5,868 SF retail strip-center located at 2603 Hauser Boulevard in Los Angeles, California. The subject property is located in a prime West Adams location south of West Adams Boulevard and east of Fairfax Avenue. Built in 1929, this property contains eleven (11) retail spaces averaging 516 SF each. The property is situated on a signalized hard corner along West Adams Boulevard, providing excellent traffic counts and solid building frontage. All tenants are on gross month-to-month leases. The property is designated within the commercial corridor subarea per the West Adams CPIO, which is currently promoting a "main street" shopping experience by providing direction for the adaptive reuse of existing structures. The site offers Tier 1 TOC benefits for residential redevelopment, allowing for favorable development standards. In addition to TOC, the site is also eligible for ED1 utilizing State Density Bonus with reduced parking under AB 2097. Tenants will love being within walking distance to incredible West Adams amenities such as Mizlala, Tartine, Vees Cafe, Alta, MIAN West Adams, and many more. Situated in a prime West Adams location in an opportunity zone, this offering presents an excellent opportunity for any investor to capitalize on adding value along a revitalizing main thoroughfare or redeveloping in one of the most up-and-coming markets of Los Angeles.
We are pleased to present this Excellent Los Angeles Location, Great Unit Mix - 13 - 1 Bedroom + 1 Bathroom, 7 - 2 Bedroom + 2 Bathroom Units with 20%+ Rental Upside! 12.15 X GRM, 4.90% CAP at current rents! Soft-Story Retrofit Completed in 2018! Gated Entry with Gated On-Site Parking! Zoned LAR3 on large lot! Spacious Units!
REDUCED! We are proud to exclusively present for sale a free-standing Retail Property with Development Potential, perfect for owner-user, investor, or developer! This prime retail property is situated on a signalized corner on Broadway at 54th Street. The property benefits from tremendous visibility, featuring 50 feet of frontage on Broadway and 130 feet on 54th St. The property is currently owner-occupied and will be delivered vacant at the close of escrow. The property is currently operating as a Marijuana Dispensary. The site is perfectly suited for an Owner-User and seems well situated for the possibility of housing a Marijuana Dispensary or other Marijuana Use. The property's generous parking provisions is comprised of 9 side-by-side parking spaces, (including one accessible space) as well as a tandem space that can accommodate up to 3 vehicles. The owner has invested in significant capital improvements as the property has undergone thoughtful updates over the years, including the installation of newer windows, electrical system enhancements, and a completely paid-off Solar Panel System. The C2-1VL- CPIO Tier 2 zoning designation and is ED1 Eligible allows for potential development of up to 28 +/- Units, which would translate to just around $36K per door, making the site perfect for Low Income Housing. The property has easy access to the 110 freeway, a Very Walkable designation by Walk Score and lots of restaurants and retail in the area. The building features roll-down doors, protected windows and gated parking, ensuring both safety and convenience for its future occupants.
Court is set. The list price is the minimum acceptable bid price. Agents please see private remarks for additional information. Presenting a Commercial property on a prime corner lot on Alameda, offering a substantial land area of 33,500 square feet. This property offers both stability and growth potential, making it an attractive prospect for investors seeking an income-producing asset with built-in annual rent escalations. Don't miss the chance to acquire this well-positioned property. Trust Sale, court confirmation required.
WELCOME TO 4140 EAGLE ROCK BOULEVARD. Multi-Use Property | Multiple Opportunities Perfect, high-visibility, corner location on Eagle Rock Blvd in the centrally-located community of Glassell Park. Previously used as a dance/Pilates studio and event venue space. www.LiveArtsLA.com. This property will be delivered vacant. The main space features a 21-foot tall barrel ceiling with two roll-up doors that lead to the street and to the private, gated yard. Perfect as an outdoor lounge or parking. There are numerous spaces with options for the new owner to earn over $5k per month which will help with cash flow! Don't miss this opportunity to become the proud new steward of this exceptional property.
Great Opportunity to own in Baldwin Village! The gated complex consists of 18 units, including 2 units with 2 bedroom and 1.25 baths, 2 units with 2 bedrooms and 1 bath, and 14 units with 1 bedroom and 1 bath. The complex also features a nice open courtyard and gated parking accessible from the alley.
Commercial Lot with Office Space. This property offers an excellent opportunity for commercial ventures with existing 187 sqft office space. Boasting a spacious lot size of 7,540 square feet, this property provides ample space for various commercial uses.
"Prime Deevolpment Site" C2 Lot suitable for multi-units, Located on Major Public Transit Corridor. Close to Post Office, Library and Shopping Center. Across from " Carver Middle School". DO NOT DISTURB TENANT.
PRICE REDUCTION! Great opportunity for owner/user! Mixed use property with two commercial retail units in front and a Single Family Residence towards the back of the property. Tenants are currently month to month. The recently remodeled barber shop is leased for $950/mo. The Single Family Residence is leased for $1,250/mo and is in need of cosmetic repairs but has the potential for an ADU. The restaurant is currently vacant and has been recently remodeled with all new restaurant equipment for a takeout style food service operation. The new owner could operate his fast food business from the facility or lease it turnkey to a restaurant owner. Per ZIMAS the lot is Tier 3 TOC which gives the property development potential for the future as the property is in close proximity to the necessary Transit resources enabling greater density if developing affordable residential housing. Motivated Seller! **Buyer to do own investigation. Owner and Broker do NOT make any warranties or representations regarding the Property.**
THIS LOT IS PART OF A FOUR LOT PORTFOLIO ON ROBERTSON BOULEVARD LOCATED JUST A FEW BLOCKS FROM BEVERLY HILLS AND IS A DOUBLE LOT OF APPROXIMATELY 7273 SQUARE FEET. IT HAS A FABULOUS LOCATION AND IS PART OF A DEVELOPMENT PORTFOLIO OF 1040, 1044, 1046 AND 1054 SOUTH ROBERTSON BUT CAN BE SEPARATELY PURCHASED FOR $4,750,000. THE LOT IS FABULOUS FOR BUILDING A DREAM OFFICE BUILDING ALONG WITH MANY OTHER USAGES AND HAS GREAT PARKING OFF THE ALLEY. IT HAS THE TOC 2 ADVANTAGE AND THERE MAY BE ADVANTAGES UNDER AB 2097 FOR PARKING EXEMPTIONS....
1605 E 1st St is a fully renovated turnkey creative office/art studio space in Downtown LA. The building offers a generous building-to-land ratio for DTLA standards, 3,698 square foot building sitting on 6,908 square feet of land. The building underwent a full remodel totaling over $700,000 recently, making it an elegant turnkey space for an Owner User. Its extensive tenant improvement facelift was completed just prior the exponential and dramatic costs of materials. The high-end renovations included: new electrical, plumbing, HVAC, roof, alarm system, skylights, ramp/handrail, electric gate, windows/doors, bathroom and light fixtures, exterior lighting, and a custom kitchen installation. The property features two private offices, a spacious conference room, a ventilated art studio, two bathrooms, storage, a 10'x10' roll up door, and gated parking with a total of seven spaces. With its versatile layout, the subject property is ideal for a wide range of artistic Owner-Users seeking an adaptable workspace.
Long term lease signed with National Tenant for a long term lease starting at $4,000 a month gross modified with escalations. Tenant plans to rebuild building and subdivide it into two tenancies. Potential for billboard advertising on busy street corner. Additional information provided with a submitted offer. Listing photo is a proposed rendering of the renovated space. All sales must be approved by the Court.
1st time on the market in several decades. Family owned and operated. Jewel-box commercial and commercially zoned property in the heart of the Westside. Tremendous upside as owner/user or existing office with some rehab. Could have great development potential, as well. Buyer to rely solely on their own investigation of any future development possibilities and potential. Soft story retrofit (if required) shall be the responsibility of Buyer. Truly, a fantastic opportunity.
This property is being sold for land value only. Can be sold alone or together with two other lots 4924 and 4928 Crenshaw Blvd, for a total of 22854 square foot for ($5.700,000 ) Zoning LAC2. Can accommodate up to 85 apartment units, Can also be a mixed-use development. Located in a special opportunity zoning area of Los Angeles with tremendous tax benefits for private long-term investments. Brokers, Investors do your research.Your GoalsAbout UsSolutionsInsightsQualified Opportunity Zones: What Investors Should KnowOctober 2022 Print ShareFacebookTwitterskyscapper buildings and blue skyKey takeaways:The 2017 Tax Cuts and Jobs Act established the Qualified Opportunity Zone program to provide a tax incentive for private, long-term investment in economically distressed communities.Investors in these programs are given an opportunity to defer and potentially reduce tax on recognized capital gains.Tax savings are only available when investors retain the investment in the Qualified Opportunity Fund for the time frame stated.What this may mean for you:If you are facing a significant tax liability as a result of capital gains, investing in a Qualified Opportunity Fund may be worth exploring, provided you invest within a prescribed amount of time.What is an Opportunity Zone?An Opportunity Zone is a community nominated by the state and certified by the Treasury Department as qualifying for this program. The Treasury Department has certified zones in all 50 states; Washington, D.C.; and U.S. territories.1 A list can be found at the U.S. Department of Housing and Urban Development.How does this program work?To defer a capital gain (including net 1231 gains), a taxpayer has 180 days from the date of the sale or exchange of appreciated property to invest the realized capital gain dollars into a Qualified Opportunity Fund, an investment vehicle that files either a partnership or corporate federal income tax return and is organized for the purpose of investing in Qualified Opportunity. The fund then invests in Qualified Opportunity Zone property.The taxpayer may invest the return of principal as well as the recognized capital gain, but only the portion of the investment attributable to the capital gain will be eligible for the exemption from tax on further appreciation of the Opportunity Zone investment, as explained below. The Opportunity Zone program allows for the sale of any appreciated assets, such as stocks, with a reinvestment of the gain into a Qualified Opportunity Fund. There is no requirement to invest in a like-kind property to defer the gain.Note that a taxpayer who receives a reported capital gain from a flow-through entity, such as a partnership, an S-corporation, or a trust/estate, has the option to start the 180 day investment period on any of the following dates:the last day of the entity taxable year;the same date that the entity's 180 day period begins; orthe due date for the entity's tax return, without extensions, for the taxable year in which the entity realized the eligible gain. Qualified Opportunity Fund A Qualified Opportunity Fund is any investment vehicle that is organized as a corporation or a partnership for the purpose of investing in Qualified Opportunity Zone property (other than another Qualified Opportunity Fund) that holds at least 90% of its assets in Qualified Opportunity Zone property.Similar to other investments, an investment in a Qualified Opportunity Fund may increase or decrease in value over the holding period. In addition, income may be paid on this investment. Given that the purpose of the program is to improve particular areas, it is expected that the fund will continue to invest in the improvement of the property in which it is invested. Cash flow may occur once the property improvements are complete and the property is leased or sold to third parties.Because Qualified Opportunity Funds are income tax planning tools and are investment options for taxpayers, these investments may involve ris
This property is being sold for land value only. two lots 4924 and 4928 Crenshaw Blvd, are being sold together for a total of 15236 square foot for ($3.800,000 ) Zoning LAC2. Can accommodate up to 60 apartment units, Can also be a mixed-use development. Located in a special opportunity zoning area of Los Angeles with tremendous tax benefits for private long-term investments. Brokers, Investors do your research.
This is a must-see medical building. Priced to sell immediately. Consists of 2 Doctors Offices (one with handicap access), 1 Waiting Room, 3 Exam Rooms, and 2 Nursing Stations. Men's and Women's toilets with handicap features. Two staff toilets (one with handicap features). Tankless water heater. 10 Parking Spaces with 2 electrical car chargers Recent complete redesign and rebuild as a medical building. Good for many types of medical disciplines: Pediatrics, General Medicine, Dentist's Office, Dialysis Center All will be happy here. Don't just drive by. Demand to see the inside it's like a different world inside. Better than most of the fancy hospitals you see in magazines. Sufficiently equipped with medical equipment and furniture that could be negotiated as part of the purchase. This building could serve as a turnkey operation for a medical professional.
Partners CRE are proud to present for sale a perfect Owner-User opportunity in the El Salvador Community Corridor of Pico Union.Walk Score calls this area a Walker's Paradise with Good Transit and Very Bikeable. The property is perfectly situated to run a business with great street exposure and alley access.Zoned C2-2D-CPIO Tier 3, the building features 1,573 SF of space with a 350 SF parking area in back, with a gate to the alley.The densely populated community is the first and most important step for the success of most businesses! This ideal location allows for instant storefront exposure that will lead curious neighbors to become regular patrons! Do not miss out on instant exposure and a ready-built customer base!
