1319-1321 W 11th St - Loft/Creative Space FOR SALE


Los Angeles, CA 90015- Pico-Union
$5,990,000 USD
310-985-9441
1319-1321 W 11th St, Los Angeles, CA for Sale
$5,990,000 USD
Loft/Creative Space - FOR SALE
1/18
null | Request Cap Rate

1319-1321 W 11th St
Los Angeles, CA 90015
Pico-Union


OVERVIEW

1319-1321 W 11th St, a 12,544 SF creative office complex situated just outside of DTLA proper. The asset, perfect for investors and owner-users, features two 6,272 SF units, each with ancillary parking. 1321 W 11th St will be delivered vacant, while 1319 W 11th St is occupied by Midway Group. Prospective owner-users can utilize SBA financing to purchase the property while also receiving income from a strong Tenant. The fee simple property is ideal for office, showroom or other similar users seeking an easily accessible, secure, and central location. Boasting plenty of surface parking, and exposed brick and wooden bow truss construction, the turn-key and fully equipped investment is a desirable choice for any Buyer. The building is situated where HWY 110 and HWY 10 meet, with easy access to HWY 101 and interstate 5. The property is adjacent to Olympic Blvd, Pico Blvd, Venice Blvd, DTLA and within walking distance to Crypto.com Arena, LA Live & more.

FOR SALE DETAILS

PRICE

$5,990,000 USD

PRICE/SF

$478 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Loft/Creative Space

ADD'L SUBTYPES

undefined, Warehouse, Light Distribution

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1921

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,277 SF

ZONING

C2

APN/PARCEL ID

5137-012-016,5137-012-017

ASK ABOUT THIS PROPERTY

Zoey GranottUrbanlime Real EstateMore Info
310-985-9441

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Zoey GranottUrbanlime Real EstateMore Info
310-985-9441

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