1521-1525 S Los Angeles Street - Self-Storage Facilities FOR SALE
Los Angeles, CA 90015 |
1521-1525 S Los Angeles Street
Los Angeles, CA 90015
HIGHLIGHTS
- Entitlements Issued by the City of Los Angeles for New Construction Self-Storage Building in the Heart of the Fashion District in Downtown Los Angeles
- Approved Entitlements for for 5-Story, 72-foot high, 47,094 Net Gross SqFt Self-Storage Facility for Household Goods with 14 Parking Spaces
- Unique Opportunity for Developer to Purchase Approved Entitlements | Eliminating 3 Years of Approval Process with City of LA
- Potential to Amend Entitlements to Add Two (2) Additional Subterranean Levels Adding More Rentable SqFt **To be Verified and Confirmed by City of LA*
- Located in Opportunity Zone | Huge Tax Incentives with Potential of No Capital Gains Taxes (Confirm Details with Attorney & CPA)
- Purchasing 2 Adjacent Parcels with a Total Lot Size of 15,729 SqFt (.36 Acres) | Corner Lot on E 16th St and S Los Angeles St with Alley Access
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Approved Self-Storage Redevelopment
PROPERTY TYPE
Specialty
PROPERTY SUBTYPE
Self-Storage Facilities
TOTAL BUILDING SIZE
15394
STORIES
2
BUILDING CLASS
-
YEAR BUILT
2003
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.36 AC AC
LAND SF
15,682 SF
ZONING
-
APN/PARCEL ID
5133-013-010
