121 N Avenue 59 - Office FOR SALE


Los Angeles, CA 90042- Highland Park
$1,450,000 USD
310-500-9166
121 N Avenue 59, Los Angeles, CA for Sale
$1,450,000 USD
Office - FOR SALE
1/10
null | Request Cap Rate

NEW


121 N Avenue 59
Los Angeles, CA 90042
Highland Park


OVERVIEW

Be part of the Avenue 59 renaissance just off Figueroa. Located next door to Comet Over Delphi, Made by Pilates, and Planned Parenthood, this owner-user opportunity offers flexibility for a wide range of uses under C4 zoning. Currently leased to a non-profit, the property provides immediate income with future upside. Just up the block from the Metro Gold Line, the location offers convenient access from across Los Angeles, along with 36 public parking spaces across the street. Figueroa has established itself as one of LA’s premier corridors for coffee, dining, retail, and nightlife, making this an ideal setting for a business looking to tap into Highland Park’s continued growth. The property is a charming 1930s Spanish bungalow, built during the early days of Highland Park. With a bit of TLC, it can be transformed into a variety of uses with by right city approvals required. The oversized ~400 SF attached garage includes its own HVAC system and can be leased separately or seamlessly integrated into the main structure. Tours are by appointment only. Please do not disturb tenants.

FOR SALE DETAILS

PRICE

$1,450,000 USD

PRICE/SF

$919 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1933

SPRINKLERS

-

PARKING SPACES

2

LAND DETAILS

LAND ACRES

0.1 AC

LAND SF

4,356 SF

ZONING

LAC4

APN/PARCEL ID

5492-013-027

ASK ABOUT THIS PROPERTY

Myles RoggCompassMore Info
310-500-9166

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Myles RoggCompassMore Info
310-500-9166

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