234 E Avenue 33 - Schools FOR SALE


Los Angeles, CA 90031- Montecito Heights
$9,995,000 USD
626-676-4230
234 E Avenue 33, Los Angeles, CA for Sale
$9,995,000 USD
Schools - FOR SALE
1/4
null | Request Cap Rate

234 E Avenue 33
Los Angeles, CA 90031
Montecito Heights


OVERVIEW

234 E Avenue 33 is a unique multi-building campus property located in the Lincoln Heights neighborhood of Los Angeles. The main structure is a historically significant 3-story building with a built-out basement. Originally constructed in 1918, the main building encompasses approximately 20,156 square feet and underwent a seismic retrofit in 1993, providing enhanced structural stability while preserving its historic character. Additionally, extensive capital improvements were completed in the last few years, including a comprehensive exterior renovation. A second building was added to the property in 1971, offering almost 7,000 square feet across two floors. Plans were drawn for the addition of an auditorium as a 3rd floor, though this project was not undertaken. In 1985, a recreation pavilion was constructed and is currently utilized as outdoor basketball courts with stunning views of the City and DTLA, further enhancing the property’s utility as an educational and community-oriented campus. This site is well suited for a charter school, infant care, rehabilitation center, or home for the aged. The property was most recently occupied by Los Angeles Leadership Academy High School, which operated its educational public charter program across this campus. Property is currently vacant.

FOR SALE DETAILS

PRICE

$9,995,000 USD

PRICE/SF

$357 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Los Angeles Leadership Academy High School

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Schools

ADD'L SUBTYPES

Lodge/Meeting Hall, Religious Facility

TOTAL BUILDING SIZE

-

STORIES

4

BUILDING CLASS

C

YEAR BUILT

1969

SPRINKLERS

-

PARKING SPACES

24

LAND DETAILS

LAND ACRES

4.85 AC

LAND SF

211,266 SF

ZONING

RE20

APN/PARCEL ID

5206-013-023

ASK ABOUT THIS PROPERTY

Andrew BerkAvison YoungMore Info
626-676-4230

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Andrew BerkAvison YoungMore Info
626-676-4230

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