716 E 9th Pl - Light Distribution FOR SALE


Los Angeles, CA 90021- Fashion District
$2,300,000 USD
213-613-3135
716 E 9th Pl, Los Angeles, CA for Sale
$2,300,000 USD
Light Distribution - FOR SALE
1/20
null | Request Cap Rate

716 E 9th Pl
Los Angeles, CA 90021
Fashion District


HIGHLIGHTS

  • Great Owner-User Opportunity
  • Located in the Heart of DTLA
  • 2 Stories
  • Fenced Lot
  • Walker’s Paradise (91)
  • Rider’s Paradise (94)

OVERVIEW

CBRE is pleased to announce the listing of 716 East 9th Place in the heart of Downtown Los Angeles. The subject property comprises 4,620 SF of flexible space across two stories in a 3,934 SF Lot. The property is situated in M2 zoning, but in 2006, it obtained a Certificate of Occupancy (CofO) as a restaurant. Consequently, the first floor was previously occupied by a Korean restaurant, making it an excellent owner-user/investment opportunity for those interested in opening a restaurant or utilizing it as a warehouse. The second floor was previously used as a photo studio, presenting numerous opportunities for flexible use. This property boasts an impressive Walk Score of 91 and Transit Score of 94. Additionally, there are parking spaces at the rear of the property, secured by a fenced gate.

FOR SALE DETAILS

PRICE

$2,300,000 USD

PRICE/SF

$499 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Flex

PROPERTY SUBTYPE

Light Distribution

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1967

UTILITIES

-

CLEAR CEILING HT

16 Ft

DOCKS

-

DRIVE INS

-

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.09

LAND SF

3,920

ZONING

M2-4LA

APN/PARCEL ID

5132-001-025

ASK ABOUT THIS PROPERTY

Brent KooCBREMore Info
213-613-3135

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Brent KooCBREMore Info
213-613-3135

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