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Creative Conversion/Development Opportunity | 1218-1230 S Main St
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Creative Conversion/Development Opportunity 1218-1230 S Main St
39,912 SF Vacant Retail Building Los Angeles, CA 90015 £8,667,886 (£217/SF)
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INVESTMENT HIGHLIGHTS
- Los Angeles-Main Fashion Plaza Shopping Center with 120 Car Rooftop Parking
- Future Development Site with Income During Entitlement Period
- Rare Fashion/South Park Districts Purchase Opportunity
- Block to Block Between Los Angeles & Main Streets
EXECUTIVE SUMMARY
Rare Fashion District/South Park District purchase opportunity. Future development site with income during entitlement period. Call broker for rent roll and income/expense details. Block-to-block property between Los Angeles & Main Streets. 156 foot frontage on Main St and 113 foot frontage on Los Angeles St. Located right on the border of the Fashion District and South Park District. Across from Axis Apartment Complex. 3/4-mile east of the Harbor (110) Freeway and 1/4-mile north of the Santa Monica (I-10) Freeway. Surface and rooftop parking for 120± vehicles (parking covenant in place: call broker). TOC: Tier 3.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
39,912 SF
Building Class
C
Year Built
1982
Price
£8,667,886
Price Per SF
£217
Percent Leased
Vacant
Tenancy
Multiple
Number of Floors
1
Building FAR
0.97
Lot Size
0.94 AC
Zoning
LA M2 - MR1 Uses, Additional Industrial Uses, Mortuaries, Animal Keeping
Parking
120 Spaces (3.01 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Bus Route
Walk Score®
Walker's Paradise (93)
Transit Score®
Rider's Paradise (100)
Bike Score®
Very Bikeable (87)
NEARBY MAJOR RETAILERS
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PROPERTY TAXES
Parcel Number | 5139-027-016 | Improvements Assessment | £2,702,382 |
Land Assessment | £1,174,031 | Total Assessment | £3,876,413 |
PROPERTY TAXES
Parcel Number
5139-027-016
Land Assessment
£1,174,031
Improvements Assessment
£2,702,382
Total Assessment
£3,876,413
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Creative Conversion/Development Opportunity | 1218-1230 S Main St
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