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Office/Retail/Light Industrial 2601 Southwest Dr 1,500 SF Office Building Los Angeles, CA 90043 $999,223 CAD ($666.15 CAD/SF)
Investment Highlights
- Corner of 4th Avenue and Southwest Drive - Excellent Owner User Building
- Currently Vacant - Previously Used as Live/Work for an Artist
- Ideal for Retail and Office Users Looking for Building with Great Visibility and High Foot Traffic, Adjacent to New $166M Pedestrian/Bike Path
- Parcel provides a generous Building-to-Ratio Allowing the potential for a Buyer to Add Additional Square Footage
- Certificate of Occupancy - Office Commercial Uses
- 10 Foot Ceilings / Potential Live/Work with New Hybrid Industrial Zoning & Current Build-out
Executive Summary
This building is situated on the northwest corner of 4th Avenue and Southwest, immediately adjacent to the 5.5 mile, $166M Bike and Pedestrian Path through Hyde Park. The property features gate access through 4th Avenue and could fit 5-6 parking spaces, which leads up a newly built porch with poured concrete just before you enter the building. The building was completely renovated on the inside with polished concrete, high ceilings, full kitchen with pantry, basement, built-in closets, and a modern sleek restroom. The building is currently vacant. There is also electrical pole double-sided signage opportunity attached the building, ideal for retail and office advertising/marketing.
Please see attached Offering Memorandum and Link below for interior pictures
Please see attached Offering Memorandum and Link below for interior pictures
Property Facts
Sale Type
Owner User
Sale Condition
High Vacancy Property
Property Type
Office
Property Subtype
Building Size
1,500 SF
Building Class
C
Year Built/Renovated
1925/2018
Price
$999,223 CAD
Price Per SF
$666.15 CAD
Tenancy
Single
Building Height
1 Story
Typical Floor Size
1,500 SF
Building FAR
0.31
Lot Size
0.11 AC
Zoning
CM - Hybrid Industrial
Parking
8 Spaces
1 1
Fairly walkable
50/100
Moderately drivable
70/100
Good public transit
60/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 4007-020-004 | Improvements Assessment | $73,926 CAD |
| Land Assessment | $394,287 CAD | Total Assessment | $468,212 CAD |
Property Taxes
Parcel Number
4007-020-004
Land Assessment
$394,287 CAD
Improvements Assessment
$73,926 CAD
Total Assessment
$468,212 CAD
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Office/Retail/Light Industrial | 2601 Southwest Dr
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