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2231 E 7th St
Los Angeles, CA 90023
Industrial Property For Sale
EXECUTIVE SUMMARY
Price reduction for a quick sale. Lender willing to let the loan be assumed. One-story multi-use building at the northeast corner of 7th Street and Rio Street. This freestanding building is situated just east of the DTLA Art District, and is minutes from numerous retail, office, restaurant, retail, hotels and residential properties. The property corner location provides excellent exposure and visibility. Property is offering highly secure and provides a the new owner with a perfect opportunity to create a private club or bar, studio, gallery, professional or creative offices, etc. The building was completely remodeled in 2021 and is available for possession. One-half mile east of Santa Fe Avenue, just blocks from a 300,000 Sq. Ft. creative campus at 7th and Anderson Street. Nearby neighbors include new Warner Chappell Music building, Firehouse Hotel, Bread Lounge, Urth Cafe, Zinc Cafe, ATMATEO, Stumptown Coffee Roasters, Spotify, and many new residential apartments. This property is listed below market for a quick sale.
PROPERTY FACTS
| Sale Type | Owner User | Rentable Building Area | 4,785 SF |
| Sale Condition | Build to Suit | No. Stories | 1 |
| Property Type | Industrial | Year Built/Renovated | 1925/2021 |
| Property Subtype | Warehouse | Tenancy | Single |
| Building Class | C | Clear Ceiling Height | 15’ |
| Lot Size | 0.11 AC | No. Drive In / Grade-Level Doors | 2 |
| Zoning | LA M2 | ||
| Sale Type | Owner User |
| Sale Condition | Build to Suit |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 0.11 AC |
| Rentable Building Area | 4,785 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1925/2021 |
| Tenancy | Single |
| Clear Ceiling Height | 15’ |
| No. Drive In / Grade-Level Doors | 2 |
| Zoning | LA M2 |
AMENITIES
- Skylights
PROPERTY TAXES
| Parcel Number | 5171-020-018 | Improvements Assessment | $747,679 CAD |
| Land Assessment | $2,018,733 CAD | Total Assessment | $2,766,413 CAD |
PROPERTY TAXES
Parcel Number
5171-020-018
Land Assessment
$2,018,733 CAD
Improvements Assessment
$747,679 CAD
Total Assessment
$2,766,413 CAD
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