1800 Marengo St - Restaurant FOR SALE


Los Angeles, CA 90033
$2,100,000 USD
714-922-5916
1800 Marengo St, Los Angeles, CA for Sale
$2,100,000 USD
Restaurant - FOR SALE
1/6
null | Request Cap Rate

Feb '25


1800 Marengo St
Los Angeles, CA 90033


HIGHLIGHTS

  • Ideal Owner/User Opportunity perfect for a restaurant or medical operator wanting a location directly across from LA General Medical Center
  • Tremendous Redevelopment Opportunity allowing up to 3.0 FAR under the Boyle Heights Community Plan
  • Freeway Adjacent Location one block from the I-5 on ramp and just minutes to the I-5/1-10 Interchange
  • Immediate Proximity to the LA General Medical Center - one of the largest teaching hospitals in the nation and USC Health Sciences Campus
  • Directly across the street from the planned $1B redevelopment of the Historic General Hospital
  • Infill Los Angeles Demographics with over 314,000 residents having an average household income of $95,660 within 3 miles

OVERVIEW

1800 Marengo Ave/1028 Mark Street presents a tremendous opportunity for an owner/user, value-add investor or developer to acquire a ±10,013 SF site with boundless possibilities given its proximity to LA General Medical Center, major freeways and the transforming landscape within Boyle Heights.

FOR SALE DETAILS

PRICE

$2,100,000 USD

PRICE/SF

$892 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Freestanding, Medical

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1991

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.24 AC

LAND SF

10,367 SF

ZONING

C2

APN/PARCEL ID

5201-017-053

ASK ABOUT THIS PROPERTY

Justin MarloweCBRE, Inc.More Info
714-922-5916

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Justin MarloweCBRE, Inc.More Info
714-922-5916

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