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2124 Violet St
Los Angeles, CA 90021

Industrial Property For Sale

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Investment Highlights

Private gated parking lot + Abundant street parking
Rare Barreel style ceilings

Vacant
Prime arts dictrict location

Executive Summary

**Tenant is paying $23,000/month but can potentially vacate upon an accepted offer** District Realty Group is proud to present a unique opportunity to purchase 2124 Violet (“Subject Property”), a VACANT 8,800 SF industrial building in the booming Arts District of Downtown LA. The Subject Property is directly across from ONNI Group’s future mixed-use development, which includes a 36 story tower consisting of 347 live-work units. The Subject Property is also next door to LOWE Enterprise’s 113,000-square-foot next generation office building. The Subject Site is also just steps away from numerous other amenities and some of LA’s top restaurants (Bavel, Bestia, SoHo House, Girl & The Goat etc).

PROPERTY FACTS

Sale Type	Owner User	Number of Floors	1
Property Type	Industrial	Year Built	1952
Property Subtype	Warehouse Industrial Distribution Industrial Manufacturing Light Industrial Light Distribution	Tenancy	Single
Building Class	C	Parking Ratio	0.91/1,000 SF
Lot Size	0.26 AC	Level Access Doors	1
Rentable Building Area	8,800 SF	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Sale Type	Owner User
Property Type	Industrial
Property Subtype	Warehouse Industrial Distribution Industrial Manufacturing Light Industrial Light Distribution
Building Class	C
Lot Size	0.26 AC
Rentable Building Area	8,800 SF
Number of Floors	1
Year Built	1952
Tenancy	Single
Parking Ratio	0.91/1,000 SF
Level Access Doors	1
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Amenities

Fenced Lot

Air Conditioning

PROPERTY TAXES

Parcel Number	5166-004-004	Improvements Assessment	£322,145
Land Assessment	£536,915	Total Assessment	£859,061

PROPERTY TAXES

Parcel Number

5166-004-004

Land Assessment

£536,915

Improvements Assessment

£322,145

Total Assessment

£859,061

zoning

Zoning Code	M3, Los Angeles
M3, Los Angeles

Listing ID: 33440025
Date on Market: 07/10/2024
Last Updated:
Address: 2124 Violet St, Los Angeles, CA 90021

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