Studio house for sale

Los Angeles CA 90016

Overview

5-Building Portfolio Bankruptcy Sale - Prime owner-user, investment, or development opportunity in one of the most sought after and fastest growing neighborhoods in Los Angeles. 5 buildings on 2 lots totaling 33, 000+/- SF of prime West Adams real estate. 5112-5118 W Jefferson and 3416 S. Orange Dr. are Three (3) warehouse buildings totaling approximately 22, 375 +/- SF. All three buildings are currently occupied by month-to-month tenants and the second story of the rear building is vacant. Again - all tenants are month-to-month. 3409-3421 S La Brea is a 10, 965+/- SF property comprised of 6, 000+/- SF of retail space on La Brea Ave with a separate warehouse building at the rear of the building (3416 1/2 S Orange Dr.) that is 4, 965+/- SF. There are currently two tenants occupying 65% of the retail space. Both/ALL tenants are month-to-month as well and the rear warehouse space (3416 1/2 S. Orange Dr) is vacant.PHASE I and PHASE II Reports are complete and CLEAN - NO ACTION REQUIRED. The properties/portfolio must be purchased together and are subject to Bankruptcy Court Overbid process. THIS RARE OPPORTUNITY IS LISTED AN INCREDIBLY LOW PRICE OF $285.00 PER SQUARE FOOT All Tenants are Month-to-Month -Tier 3 TOC - Opportunity Zone - Steps to the Metro Expo Line that connects Downtown Los Angeles to Santa Monica. Income details are both actual and projected. Income will vary depending on the new owner's usage.

Details

  • Beds: 0
  • Baths: 6
  • Price: $8,995,000
  • Reference No.: 71069847
  • Area: 31,539 sqft

Location

Los Angeles CA 90016

Studio house for sale

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2024-04-25, Viewed 0 times.