435 Boyle Ave, Los Angeles, CA 90033
15,250 SF | Office Building | Los Angeles, CA 90033 | $5,650,000 ($370/SF) | 5.35% Cap Rate
For Sale
Active
- Date Added:
- May 17, 2024
- Days on Market:
- 28 days
Asking Price $5,650,000
- Property Type
-
Office
- Square Feet
- 15,250 SF
- Price / Square Foot
- $370
Listing Contacts
Todd Frelinger
Verified Profile
- Property Info
Property Overview
Bankruptcy Court Equity Sale. Currently leased out on a NNN lease until July 2025. Tremendous potential for rezoning this property to high density Multi-Family residential and other uses. Large lot of nearly 30,000 square feet. Unique property with a large auditorium and many spaces for flexible uses.
Property Details
- Class
- C
- Year Built
- 1926
- Stories
- 2
- Property Subtype
- Office/Residential, Loft/Creative Space, Office Live/Work Unit
- Lot Size (sq. ft)
- 28,314 SF
Highlights
- Potential for rezoning to high density multi-family
- Multiple potential uses including clubs, lodges, and professional associations
- Beautiful architecture in harmony with the Boyle Heights look and style
- Very private building for those companies or organizations who need privacy to conduct their business
- Historic building that exudes the vibe associated with Boyle Heights. City of LA is open to considering zoning and use changes
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