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2353-2365 East Olympic Boulevard 1505-1515 S Santa Fe Ave

28,260 SF Industrial Building Los Angeles, CA 90021 £9,399,600 (£333/SF)

Investment Highlights

  • Highly Visible Location in the Prestigious DTLA Market
  • Beautiful Exposed Brick and Art Deco Structures
  • Large Fenced Parking Lot for +/- 25 vehicles (as well as an additional 5 striped spaces on the North side of the property
  • Hard Corner of Olympic Boulevard and Santa Fe Avenue
  • Four Separate Units totaling 28,260 SF ranging from 4,655 SF to 10,500 SF
  • Great for Light Industrial or Creative Uses

Executive Summary

A high identity hard corner in the prestigious DTLA market, the site consists of three parcels with multiple addresses residing on roughly 36,553 square feet of land. At present, the site is improved with three structures totaling 28,260 SF with units varying from 4,655 SF to 10,500 SF. A total of 17,800 SF can be made available for immediate use at the close of escrow for an owner/user. There are two leases in place, please contact broker for details.
This property is also being offered as a portfolio sale with 2345 Olympic Blvd.

Property Facts

Price £9,399,600
Price Per SF £333
Sale Type Investment or Owner User
Property Type Industrial
Property Subtype
Warehouse
  • Light Industrial Light Manufacturing
  • Light Industrial Research & Development
  • Industrial Manufacturing
Building Class C
Lot Size 0.84 AC
Rentable Building Area 28,260 SF
Number of Floors 1
Year Built/Renovated 1922/1937
Parking Ratio 1.06/1,000 SF
Clear Ceiling Height 20 ft
Opportunity Zone Yes

Amenities

  • 24 Hour Access
  • Signage

Utilities

  • Gas - Natural
  • Water - City
  • Sewer - City
  • Heating

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 5167-001-040
  • 5167-001-042
  • 5167-001-030
Land Assessment
£844,707
Improvements Assessment
£1,643,346
Total Assessment
£2,488,053

zoning

Zoning Code M3
M3
  • Listing ID: 28887134

  • Date on Market: 29/06/2023

  • Last Updated:

  • Address: 1505-1515 S Santa Fe Ave, Los Angeles, CA 90021

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