MIXED USE PROPERTY IN LOS ANGELES | 3716 Fletcher Dr
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MIXED USE PROPERTY IN LOS ANGELES 3716 Fletcher Dr
4,284 SF 100% Leased Office Building Los Angeles, CA 90065 £1,422,018 (£332/SF)
Investment Highlights
- two separate structures situated on a gentle hill with stunning views of the city of Los Angeles
- ideal for creative professionals and entrepreneurs. One of the units is vacant, and ready for immediate occupancy by an owner-user or tenant.
- combination of comfortable living and work-live functionality.
Executive Summary
Welcome to this unique property with two separate structures situated on a gentle hill with stunning views of the city of Los Angeles! This property offers an incredible opportunity for those looking for a combination of comfortable living and work-live functionality.
The first structure is a charming house with a garage that would be perfect to live in. The house is designed for comfortable living and features ample space for your family. Currently, the house has a tenant, and the vacant unit in the other building is ready for immediate occupancy.
The second structure on this property is a building with two units, which is perfect for artists or anyone who needs a studio for work-live functionality. This building offers plenty of space for creative minds and features a large open area, high ceilings, and abundant natural light. The building is designed for maximum versatility and can be used as an artist studio, workshop, or office space.
This property is ideal for creative professionals and entrepreneurs. One of the units is vacant, and ready for immediate occupancy by an owner-user or tenant.
The vacant unit is move-in ready and can be used for a variety of purposes. Whether you're looking for a spacious studio or a comfortable office space, this unit offers ample room for customization.
The lot size of this property is 15,882 sqft, and the combined size of the two buildings is 4,284 sqft per the Los Angeles County Tax Assessor. There is also a possibility of residential development on the site with density bonuses. Interested buyers are encouraged to check with the City of Los Angeles to confirm what could be built.
This property offers convenient access to the 2 freeway, which makes commuting to and from the property a breeze. The location of the property is perfect for those who enjoy the city life but also want to enjoy the peace and quiet of suburban living.
The asking price for this unique property is $1,800,000, which is an incredible value for the amount of space and versatility that it offers. Don't miss out on this opportunity to own a property that provides the perfect balance of living and working space!
Property Use: Commercial/Office/Residential (Mixed Use)
The first structure is a charming house with a garage that would be perfect to live in. The house is designed for comfortable living and features ample space for your family. Currently, the house has a tenant, and the vacant unit in the other building is ready for immediate occupancy.
The second structure on this property is a building with two units, which is perfect for artists or anyone who needs a studio for work-live functionality. This building offers plenty of space for creative minds and features a large open area, high ceilings, and abundant natural light. The building is designed for maximum versatility and can be used as an artist studio, workshop, or office space.
This property is ideal for creative professionals and entrepreneurs. One of the units is vacant, and ready for immediate occupancy by an owner-user or tenant.
The vacant unit is move-in ready and can be used for a variety of purposes. Whether you're looking for a spacious studio or a comfortable office space, this unit offers ample room for customization.
The lot size of this property is 15,882 sqft, and the combined size of the two buildings is 4,284 sqft per the Los Angeles County Tax Assessor. There is also a possibility of residential development on the site with density bonuses. Interested buyers are encouraged to check with the City of Los Angeles to confirm what could be built.
This property offers convenient access to the 2 freeway, which makes commuting to and from the property a breeze. The location of the property is perfect for those who enjoy the city life but also want to enjoy the peace and quiet of suburban living.
The asking price for this unique property is $1,800,000, which is an incredible value for the amount of space and versatility that it offers. Don't miss out on this opportunity to own a property that provides the perfect balance of living and working space!
Property Use: Commercial/Office/Residential (Mixed Use)
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
4,284 SF
Building Class
B
Year Built
1937
Price
£1,422,018
Price Per SF
£332
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1
Typical Floor Size
4,284 SF
Building FAR
0.27
Land Acres
0.36 AC
Zoning
LARD2 - Property Use: Commercial/Office/Residential (Mixed Use)
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PROPERTY TAXES
| Parcel Number | 5458-029-030 | Improvements Assessment | £10,162 |
| Land Assessment | £79,148 | Total Assessment | £89,309 |
PROPERTY TAXES
Parcel Number
5458-029-030
Land Assessment
£79,148
Improvements Assessment
£10,162
Total Assessment
£89,309
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Robert Ip -
Bill Ukropina, CRE -
Laurie Turner -
Coldwell Banker Commercial Realty
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MIXED USE PROPERTY IN LOS ANGELES | 3716 Fletcher Dr
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