2050 Florence Ave, Los Angeles, CA 90047

2,612 SF | 10% Leased | Office Building | Los Angeles, CA 90047 | $975,000 ($373/SF)

Date Added:
September 16, 2024
Days on Market:
23 days

Asking Price $975,000

Property Type
Office
Square Feet
2,612 SF
Price / Square Foot
$373

Listing Contacts

Vanetta Lockridge

Property Overview

Commercial Office building a total of (5) separate offices. Very spacious offices (2) downstairs and (2) upstairs. Separate office in rear with kitchen and full bathroom. The front offices can be combined for use of one large office downstairs and one upstairs. Offices in the front have (2) bathrooms with one bathroom in each office that has a shower. Four Parking spaces in rear. With an LAC2 - R4 Zone the savvy developer can build a minimum of 14 units and up to 20 Residential Units with LA City TOC Tier 3 - Front offices (4) will be delivered vacant, the office in the rear is tenant occupied and may be delivered vacant at C.O.E

Property Details

Class
B
Year Built
1948
Stories
2
Property Subtype
Office Live/Work Unit
Lot Size (sq. ft)
5,227 SF

Highlights

  • Delivered 90% vacant to lease to new tenants at market rent @ $4,000 each. Or zoning permits 14-20 new residential units.

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