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1328 S Santa Fe Avenue, Los Angeles, CA

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1328 S Santa Fe Avenue

Los Angeles, CA 90021-2531 - Central Los Angeles Ind Submarket

Property Type:Industrial Sub Type:Warehouse Status:Existing , Renov 1988 Year Built:1923
Building Size:19,000 SF Land Area:.16 AC (7,000 SF)
Ceiling Height:13'0'' Loading Docks:3 ext Rail:- Power:200a/110-240v 3p
For Sale Price:$6,300,000 Price/SF:$331.58
Cap Rate:-
Zoning:M3-2 Sprinklers:- Drive Ins:1 tot./12'0''w x 10'0''h Cranes:-
Parking:Free Surface spaces are available; Ratio of .52/1,000 SF Amenities:Bus Line, Fenced Lot
19,000 SF is available to occupy upon purchase.

9/28/99: Undisclosed buyer purchased the building for an unknown amount. Mark Benjamins of Dorin Realty represented the landlord.

The property offers major street frontage with freeway visibility. It also offers an office, distribution, showroom or loft conversion. It has warehouse restrooms (M - 1, W - 1) and office restrooms (M - 2, W - 1).

Sale Notes:
The Site provides an exciting location in one of the fastest growing urban markets in the country. The Downtown LA retail market is explosive and Santa Fe continues to lead the way for the Arts District.
Downtown LA is currently experiencing a major urban revival. The transformation began in 1999 when the City of Los Angeles passed the Adaptive Reuse Ordinance, making it easier for developers to transform and repurpose existing, historic buildings into creative office space, commercial businesses, apartments and condominiums. As part of this revival, development opportunities are endless in the Arts District. Increasingly more projects including lifestyle amenities are planned for Downtown in coming years which will support the current population and bolster continued growth in this market. Some of these planned projects include the enormous LA River revitalization, the new retail hub At Mateo, massive mixed use creative office conversions like Fourth and Traction, the redeveloped Ford Building on Seventh Street, and the neighboring Soho House is which is currently under construction. Top rated restaurants are located just blocks away such as Church and State and Bestia complimented by a selection of artisan coffee houses and craft cocktail bars. Santa Fe has also served as home to many movie settings, fashion photography, pop-up galleries and celebrity events.

Devin Klein
(310) 595-3641

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