2341-2345 E Olympic Blvd - Warehouse FOR SALE


Los Angeles, CA 90021
$12,950,000 USD
213-225-7229
2341-2345 E Olympic Blvd, Los Angeles, CA for Sale
$12,950,000 USD
Warehouse - FOR SALE
1/20
null | Request Cap Rate

2341-2345 E Olympic Blvd
Los Angeles, CA 90021


HIGHLIGHTS

  • BEST OPPORTUNITY in the Arts District- Owner will Carry Financing at 3.875%- Call Broker
  • 400 PERSON occupancy events permit and 4 Artist in Residence Live/Work Units, and a Coffee Shop (All Separately Metered)
  • BEAUTIFUL BRICK STRUCTURE and Soaring Wood Trusses
  • LOCATED within proximity to DTLA Studio Production Sites (Call Broker for Details)
  • STRUCTURE is Clear Span with +/- 16 Foot Minimum Clearance
  • ENTERTAINMENT and Show Permit from the city of Los Angeles

OVERVIEW

EXTREMELY RARE entitlements in place. STYLISHLY IMPROVED multi-use events and production facility with capacity for up to 400 guests, 4 Artist in Residence Live/Work Units, and a coffee shop. GREAT CREATIVE SPACE in the Heart of Downtown LA. CLEAR SPAN BUILDING with no interior columns. TWO STREET FRONTAGE - Olympic Boulevard and Porter Street. CONVENIENT ALLEY ACCESS for loading as well as pedestrian traffic. BEAUTIFUL EXPOSED BRICK structure and soaring wood trusses throughout. FULLY POWERED and sprinklered facility. This property is also being offered as a portfolio sale with 1505-1515 South Santa Fe Ave.

FOR SALE DETAILS

PRICE

$12,950,000 USD

PRICE/SF

$579 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Seller Financing Available at 3.875%

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

ADD'L SUBTYPES

Freestanding, Loft/Creative Space, Industrial Live/Work Unit

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1923

UTILITIES

Lighting, Gas, Water, Sewer

CLEAR CEILING HT

28 Ft

DOCKS

-

DRIVE INS

4

PARKING SPACES

3

LAND DETAILS

LAND ACRES

0.51

LAND SF

22,360

ZONING

LAM3, Los Angeles

APN/PARCEL ID

5167-001-039

ASK ABOUT THIS PROPERTY

Thomas WilliamsKidder MathewsMore Info
213-225-7229

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Thomas WilliamsKidder MathewsMore Info
213-225-7229

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