1359 S Hope St - Warehouse FOR SALE


Los Angeles, CA 90015
$3,897,000 USD
661-619-7335
1359 S Hope St, Los Angeles, CA for Sale
$3,897,000 USD
Warehouse - FOR SALE
1/22
null | Request Cap Rate

1359 S Hope St
Los Angeles, CA 90015


HIGHLIGHTS

  • Versatile Building. MOTIVATED SELLER.
  • Prime DTLA location . Live/Work building
  • Amazing remodel. Fully Air Conditioned / Move in Ready!
  • Less than one mile from Los Angeles Flower Market, LA Live, Los Angeles Convention Center, Crypto.com Arena
  • Excellent Owner-User / Investment Opportunity

OVERVIEW

Welcome to 1359 Hope St, an exceptional investment opportunity located in the vibrant heart of Los Angeles. This industrial Live/Work building is the perfect addition to your real estate portfolio.Situated just a stone's throw from the renowned Crypto Arena, this property provides unparalleled convenience and access to a lively, forward-thinking community. The surrounding neighborhood thrives with energy, drawing a diverse blend of residents, entrepreneurs, and innovators. Currently home to a successful Jean Manufacturing Business, the building's unique R5 zoning allows for a versatile range of uses. Office space has been converted into a Residential Unit. 2 bedroom, 3 bathrooms. Completely gated, rear entry gates for loading/unloading. Whether you're looking to establish a creative workspace, an artist's studio, a tech startup, or a cutting-edge retail space, this property is designed to fit your vision.This property offers tremendous possibilities for growth and success! Ideal DTLA location, lots of upgrades and ready for a new owner. Motivated seller!

FOR SALE DETAILS

PRICE

$3,897,000 USD

PRICE/SF

$565 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

1359 S Hope

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

ADD'L SUBTYPES

Loft/Creative Space, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1927

UTILITIES

-

CLEAR CEILING HT

15 Ft

DOCKS

-

DRIVE INS

2

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.21

LAND SF

9,148

ZONING

R5-2D-8

APN/PARCEL ID

5134-012-020

ASK ABOUT THIS PROPERTY

Carlos VillegaseXp CommercialMore Info
661-619-7335

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Carlos VillegaseXp CommercialMore Info
661-619-7335

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