435 S Boyle Ave - Office/Residential FOR SALE
Los Angeles, CA 90033 |
$5,650,000 USD
949-416-9856
435 S Boyle Ave
Los Angeles, CA 90033
HIGHLIGHTS
- Potential for rezoning to high density multi-family
- Multiple potential uses including clubs, lodges, and professional associations
- Beautiful architecture in harmony with the Boyle Heights look and style
- Very private building for those companies or organizations who need privacy to conduct their business
- Historic building that exudes the vibe associated with Boyle Heights. City of LA is open to considering zoning and use changes
OVERVIEW
Bankruptcy Court Equity Sale. Currently leased out on a NNN lease until July 2025. Tremendous potential for rezoning this property to high density Multi-Family residential and other uses. Large lot of nearly 30,000 square feet. Unique property with a large auditorium and many spaces for flexible uses.
FOR SALE DETAILS
PRICE
$5,650,000 USD
PRICE/SF
$370 USD /SF
CAP RATE
5.35%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY TYPE
Office
PROPERTY SUBTYPE
Office/Residential
ADD'L SUBTYPES
Loft/Creative Space, Office Live/Work Unit
TOTAL BUILDING SIZE
-
STORIES
2
BUILDING CLASS
C
YEAR BUILT
1926
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.65 AC
LAND SF
28,314 SF
ZONING
R4
APN/PARCEL ID
5174-002-017
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949-416-9856
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949-416-9856
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