323-302-8282
236 W 15th St, Los Angeles, CA for Sale
Warehouse - FOR SALE
1/11
null | Request Cap Rate

236 W 15th St
Los Angeles, CA 90015
South Park


HIGHLIGHTS

  • Freestanding Building & Gated Parking Lot with 38 Spaces
  • Building Features High-Ceilings, Skylights, Freight Elevator, and Heavy 3-Phase Power
  • Block-to-Block Assemblage Includes Billboard and Corner Cafe
  • Ideal Owner-User Opportunity | SBA Financing Available to Qualified Buyers
  • High Visibility, Exposure, and Signage in Multiple Locations
  • Steps from Dignity Health Hospital, Eisner Health, and Nearby LA Convention Center, and Crypto.com Arena

OVERVIEW

Compass Commercial is pleased to present 236 W 15th St and 231 Venice Blvd — a ±11,010 SF freestanding building and parking lot assemblage located at the corner of Venice Blvd and Olive St in South Park, Downtown Los Angeles. Both high-exposure properties are located within an Opportunity Zone and benefit from TOC Tier 3 zoning under the DTLA 2040 Community Plan (“DTLA 2040”), well-positioned for an owner-user as an investment opportunity with strategic upside for future development. The building features ±5,500 SF per floor (2 stories) with separate meters/entrances, heavy 3-Phase power, five (5) restrooms, and a freight elevator. Character-rich construction includes wood bow-truss ceilings, exposed brick, skylights, and concrete flooring — ideal for commercial, industrial, medical, creative office, showroom, senior or affordable housing, or specialty uses. Delivered vacant at close of escrow and eligible for SBA financing, the asset offers flexibility for immediate occupancy or repositioning. The gated parking lot offers ±38 striped spaces (expandable to ±50+ with tandem configuration) and generates supplemental income via a billboard and existing parking agreements. Together, the assets offer a rare combination of functional space, income potential, and long-term upside in one of the most dynamic submarkets in Los Angeles. ___________________________________________________________________ *Call Broker for Rent Roll & Financial Information. *Buyer to verify any and all accuracy of information.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

South Park Portfolio | Owner-User/Investor

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

ADD'L SUBTYPES

undefined, Freestanding, Medical

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1924

UTILITIES

Lighting, Gas, Water - City, Sewer, Heating

CLEAR CEILING HT

14 Ft

DOCKS

-

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.41

LAND SF

18,010

ZONING

LAC2-2D

APN/PARCEL ID

5134-021-002,5134-021-003

ASK ABOUT THIS PROPERTY

Oliver GhadoushiCompass CommercialMore Info
323-302-8282

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Oliver GhadoushiCompass CommercialMore Info
323-302-8282

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