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Westlake/LA: 1833 W 8th + 741 S Bonnie B 2 Properties Offered at $2,055,000 CAD in Los Angeles, CA
Investment Highlights
- (x2)Dual-Asset Offering: Fully occupied office building plus separately parceled parking lot in a dense urban infill location.
- Parking Control: Flat, fully fenced parking lot with approximately 36 striped spaces and alley access.
- Two-Parcel Configuration: Adjacent assets allow enhanced control and optionality not typically available in single-asset offerings.
- Operational Flexibility: Supports continued operation, income enhancement, or long-term strategic planning.
- Strategic Infill Location: Situated in the Westlake / MacArthur Park submarket near Downtown Los Angeles and Koreatown.
- Development Potential: proximity to transit may support residential or mixed-use redevelopment concepts, subject to buyer verification & approvals.
Executive Summary
AUCTION SALE: Century 21 Masters and FRE Auctions are pleased to present this Online Auction Plus Event.
STARTING BID: $1,500,000.
PACKAGE INCLUDES TWO ADJACENT ASSETS.
• ASSET 1: Fully occupied two-story office building located at 1833 W 8th Street (APN: 5142-006-009), totaling approximately 20,600 rentable square feet on an approximately 12,023 SF C2-1 zoned lot, providing stable in-place income with significant upside as current rents are below market, offering a strong opportunity to stabilize and increase cash flow.
For more information, please visit www.FRE.com/554D6
STARTING BID: $1,500,000.
PACKAGE INCLUDES TWO ADJACENT ASSETS.
• ASSET 1: Fully occupied two-story office building located at 1833 W 8th Street (APN: 5142-006-009), totaling approximately 20,600 rentable square feet on an approximately 12,023 SF C2-1 zoned lot, providing stable in-place income with significant upside as current rents are below market, offering a strong opportunity to stabilize and increase cash flow.
For more information, please visit www.FRE.com/554D6
Property Facts
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
|
741 S Bonnie Brae St PARKING LOT
741 Bonnie Brae St, Los Angeles, CA 90057 |
Land | 0.21 AC | - | - |
| 1833 W 8th St, Los Angeles, CA 90057 | Office | 20,600 SF | 1960 | - |
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Westlake/LA: 1833 W 8th + 741 S Bonnie B
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