119 S Bixel St - Loft/Creative Space FOR SALE


Los Angeles, CA 90026- City West
$695,000 USD
310-406-9110
119 S Bixel St, Los Angeles, CA for Sale
$695,000 USD
Loft/Creative Space - FOR SALE
1/13
null | Request Cap Rate

NEW


119 S Bixel St
Los Angeles, CA 90026
City West


HIGHLIGHTS

  • Owner/User Creative Office or Retail Location - Currently Designed as a 3+2 House
  • Adjacent to Echo Park and Downtown LA
  • Updated with Modern Finishes, Loft Style Building

OVERVIEW

1241 W 2nd Street is an excellent owner/user or investment opportunity in a tremendous growth area located just outside Downtown Los Angeles and bordering Echo Park in the developing area of City West. Situated at the corner of Bixel Ave & 2nd Street, the property is walking distance to the Walt Disney Concert Hall, and Dorothy Chandler Pavilion, and short ride to LA Live & Staples Center, and all the amenities of Downtown LA. The subject property is commercial building approximately 1,032 square feet, built in 1950, and situated on one parcel of LACW zoned land totaling approximately 1,510 square feet with two parking spaces. The interior has been completely updated with modern finishes, high ceilings, updated bathrooms, and a new kitchen. Perfect for a creative office user, or retail tenant with excellent exposure on 2nd Street.

FOR SALE DETAILS

PRICE

$695,000 USD

PRICE/SF

$673 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Loft/Creative Space

ADD'L SUBTYPES

Storefront, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1950

SPRINKLERS

-

PARKING SPACES

2

LAND DETAILS

LAND ACRES

0.03 AC

LAND SF

1,511 SF

ZONING

LACW

APN/PARCEL ID

5152-008-020

ASK ABOUT THIS PROPERTY

Tim SteuernolNAI CapitalMore Info
310-406-9110

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Tim SteuernolNAI CapitalMore Info
310-406-9110

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.