121 N Avenue 59 - Office/Residential FOR SALE


Los Angeles, CA 90042- Highland Park
$1,368,000 USD
310-500-9166
121 N Avenue 59, Los Angeles, CA for Sale
$1,368,000 USD
Office/Residential - FOR SALE
1/22
null | Request Cap Rate

121 N Avenue 59
Los Angeles, CA 90042
Highland Park


OVERVIEW

Great owner-user opportunity in the heart of Highland Park. This charming Spanish property offers a flexible layout that can accommodate a variety of office, creative, professional or service-oriented uses. The space can be subdivided in multiple ways depending on an owner’s needs, making it well suited for a single business or a combination of private offices, meeting areas and shared workspace. The property also includes an approximately 400 SF attached garage that is not included in the listed building square footage and provides highly usable additional space for storage, workspace, a studio or other operational needs. The property is centrally located just off Figueroa and Avenue 59 while still feeling slightly tucked away from the activity of the main street. The site can accommodate approximately five cars in addition to the garage, and there is also a large public parking lot directly across the street providing ample parking for clients and customers. Commercial zoning and a relatively straightforward permitting path provide added flexibility for businesses looking to customize the property for their use. With its character, location, parking and adaptable floor plan, this is a unique opportunity for an owner-user looking to establish a long-term home in one of Highland Park’s most desirable commercial neighborhoods.

FOR SALE DETAILS

PRICE

$1,368,000 USD

PRICE/SF

$867 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Office/Residential

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1933

SPRINKLERS

-

PARKING SPACES

4

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.