654 N Manhattan Pl | Los Angeles, CA 90004
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- LoopNet Team
654 N Manhattan Pl
Los Angeles, CA 90004
Office Property For Sale
INVESTMENT HIGHLIGHTS
- In place 10.94% cap rate from short term tenant in the property
- Qualifying owner users occupying 51% or more of the property can obtain SBA financing with only 10% down payment
- Easily accessible via 101 Freeway and visible from prime Melrose Blvd
- C2 zoning and excellent parking ratio allows for many uses: office, medical office, retail, gym, dispensary and more
- Located in LA’s trendy Melrose Hill area
- Recently upgraded property with attractive storefront and gated lot with 7 parking spaces
PROPERTY FACTS
Property Type
Office
Property Subtype
Building Size
1,677 SF
Building Class
C
Year Built/Renovated
1913/2019
Tenancy
Single
Building Height
1 Story
Typical Floor Size
1,677 SF
Building FAR
0.27
Lot Size
0.14 AC
Zoning
LAC2 - Commercial
Parking
7 Spaces (4.17 Spaces per 1,000 SF Leased)
AMENITIES
- Fenced Lot
- Security System
- Wheelchair Accessible
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 5522-010-002 | Improvements Assessment | $147,254 |
| Land Assessment | $3,534,128 | Total Assessment | $3,681,382 |
PROPERTY TAXES
Parcel Number
5522-010-002
Land Assessment
$3,534,128
Improvements Assessment
$147,254
Total Assessment
$3,681,382
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