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121 N Avenue 59 1,577 SF Vacant Office Building Los Angeles, CA 90042 $1,892,765 CAD ($1,200.23 CAD/SF)



Executive Summary
Great owner-user opportunity in the heart of Highland Park. This charming Spanish property offers a flexible layout that can accommodate a variety of office, creative, professional or service-oriented uses. The space can be subdivided in multiple ways depending on an owner’s needs, making it well suited for a single business or a combination of private offices, meeting areas and shared workspace. The property also includes an approximately 400 SF attached garage that is not included in the listed building square footage and provides highly usable additional space for storage, workspace, a studio or other operational needs. The property is centrally located just off Figueroa and Avenue 59 while still feeling slightly tucked away from the activity of the main street. The site can accommodate approximately five cars in addition to the garage, and there is also a large public parking lot directly across the street providing ample parking for clients and customers. Commercial zoning and a relatively straightforward permitting path provide added flexibility for businesses looking to customize the property for their use. With its character, location, parking and adaptable floor plan, this is a unique opportunity for an owner-user looking to establish a long-term home in one of Highland Park’s most desirable commercial neighborhoods.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Office/Residential
Building Size
1,577 SF
Building Class
C
Year Built
1933
Price
$1,892,765 CAD
Price Per SF
$1,200.23 CAD
Percent Leased
Vacant
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
1,577 SF
Building FAR
0.36
Lot Size
0.10 AC
Zoning
LAC4 - Commercial
Parking
4 Spaces (2.54 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Bus Line
- Courtyard
- Fenced Lot
- Metro/Subway
- Kitchen
- Storage Space
- Bicycle Storage
- Natural Light
- Secure Storage
- Shower Facilities
- Wi-Fi
- Air Conditioning
- Balcony
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Moderately walkable
60/100
Moderately drivable
70/100
Good public transit
70/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 5492-013-027 | Improvements Assessment | $264,033 CAD |
| Land Assessment | $696,859 CAD | Total Assessment | $960,892 CAD |
Property Taxes
Parcel Number
5492-013-027
Land Assessment
$696,859 CAD
Improvements Assessment
$264,033 CAD
Total Assessment
$960,892 CAD
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121 N Avenue 59
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