2836 W 8th St - Office/Residential FOR SALE


Los Angeles, CA 90005- Koreatown
$1,700,000 USD
281-825-1305
2836 W 8th St, Los Angeles, CA for Sale
$1,700,000 USD
Office/Residential - FOR SALE
1/11
null | Request Cap Rate

2836 W 8th St
Los Angeles, CA 90005
Koreatown


HIGHLIGHTS

  • Value-Add Investment Opportunity
  • Perfect for Owner-User
  • 16 Surface Parking Spaces
  • Central Location in Koreatown
  • Many Nearby Korean Restaurants & Entertainments
  • Easy Access to 101, 110, I-10, Bus Lines and Metro Station

OVERVIEW

KW Commercial has been selected to exclusively represent for sale of 2836 West 8th Street, a multi-tenant office building centrally located in Koreatown, CA. The asset is comprised of approximately 5,376 sq ft of building situated on 6,260 sq ft of land. Parcel frontage spans 50 ft along the bustling West 8th Street thoroughfare with a traffic count of more than 17,500 vehicles per day. . The building interior features 9 separate spaces starting from 250 sq ft, conductive to a variety of professional uses. There are 2 current tenants who are on month-to-month leases and occupying approximately 750 sq ft of total space. The property may be delivered vacant at Closing. . This is a perfect opportunity for the Owner-User to occupy the entire building space or investors to reposition the asset.

FOR SALE DETAILS

PRICE

$1,700,000 USD

PRICE/SF

$316 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Office/Residential

ADD'L SUBTYPES

Medical

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1964

SPRINKLERS

-

PARKING SPACES

16

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,098 SF

ZONING

R4-2

APN/PARCEL ID

5077-022-007

ASK ABOUT THIS PROPERTY

Tom ParkKW CommercialMore Info
281-825-1305

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Tom ParkKW CommercialMore Info
281-825-1305

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