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444 S Westmoreland Ave

7,066 SF 100% Leased Office Building Los Angeles, CA 90020 £5,128,500 (£726/SF)

Investment Highlights

  • Zoned for 6 story mixed residential development.

Executive Summary

Prime investment opportunity to build a multi-residential building on a corner lot in Koreatown. There is currently a 2 story office building located on the lot. Total square footage of lot is 13,600 square feet. Lot is zoned for LACR-1(Q)-R1 and a 6 story multi-residential building can be built on site. Walking distance to LA Metro station, markets, dining, and entertainment. Buyer to conduct own due diligence.

Attachments

Flyer

Property Facts

Sale Type
Investment
Sale Condition
Design & Build
Property Type
Office
Property Subtype
Office/Residential
Building Size
7,066 SF
Building Class
C
Year Built
1913
Price
£5,128,500
Price Per SF
£726
Percent Leased
100%
Tenancy
Multiple
Number of Floors
2
Typical Floor Size
3,533 SF
Building FAR
0.52
Land Acres
0.31 AC
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.
Zoning
LACR - LACR-1(Q)-R1, zoned for multi-residential building up to 6 stories. Buyer to conduct own due diligence.
Parking
10 Spaces (1.42 Spaces per 1,000 SF Leased)

Amenities

  • Signage
  • Air Conditioning
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Walk Score ®
Walker's Paradise (96)
Transit Score ®
Excellent Transit (80)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores
  • Edward Suh
    Edward Suh
  • Edward Suh
(213) 700-1926

  • Listing ID: 31457573

  • Date on Market: 09/04/2024

  • Last Updated:

  • Address: 444 S Westmoreland Ave, Los Angeles, CA 90020

The Office Property at 444 S Westmoreland Ave, Los Angeles, CA 90020 is currently available For Sale. Contact Edward Suh for more information.

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© 2024 CoStar Group

444 S Westmoreland Ave
(213) 700-1926 x

444 S Westmoreland Ave

Edward Suh

(213) 700-1926

(213) 700-1926

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