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Standalone Owner-User Building with Parking 236 W 15th St

11,010 SF Industrial Building Los Angeles, CA 90015 $2,995,000 ($272/SF)

Investment Highlights

  • Freestanding Building with Parking Available in Adjacent Lot
  • SBA Financing Available to Qualified Parties (Owner-User)
  • Zoned C2 | Ideal & Approved for a Variety of Commercial, Industrial/Warehouse, Storage, Medical and Creative Uses
  • 2 Levels Consisting of Ground and 2nd Floor Space with High Ceilings, Elevator, and 3-Phase Power
  • Strong Building Signage Opportunity in Multiple Locations
  • Located within an Opportunity Zone & State Enterprise Zone | Tier 3 TOC

Executive Summary

*Reviewing All Offers - Contact Broker*
Compass is pleased to present 236 W 15th St; an exceptional ±11,010 square-foot property poised for transformation in Downtown Los Angeles’ South Park. Positioned near the intersection of South Olive and 15th Street, the property offers a unique investment and owner-user opportunity, zoned C2 and located with an Opportunity Zone featuring TOC Tier 3 Designation.
Delivered vacant at close of escrow, the property lends itself well to a multitude of potential uses, including but not limited to: commercial, medical, healthcare, industrial warehouse, flex space, self-storage, medical, senior living, assisted living, affordable housing, studio, creative office space, fitness, gym, banquet hall (event venue), non-profit, social service, church/religious facility, school/education, law/attorney office, entertainment, hospitality, and a variety of service-based businesses. The property features ±5,500 SF of ground floor and ±5,500 SF of second floor space, including five (5) built-out restrooms. Its distinctive wood bow truss and brick construction, concrete flooring, skylights, ample window line, while combined with its authentic character, creates an appealing canvas for a potential owner-user.
The property is well-located and adjacent to educational, medical, and newly developed apartment buildings, while situated only 2 blocks north of the Santa Monica I-10 Freeway and in proximity to Crypto.com Arena, Microsoft Theater, LA Live, and the Los Angeles Convention Center. The property is enhanced by its accessibility to a large parking lot, with spaces available directly adjacent to the property in addition to ample street parking and public transportation.
___________________________________________________________________
*For All Inquiries: Please Contact Oliver Ghadoushi.
*Buyer to verify any and all accuracy of information.

Property Facts

Price $2,995,000
Price Per SF $272
Sale Type Investment or Owner User
Property Type Industrial
Property Subtype
Warehouse
  • Flex Showroom
  • Showroom
  • Office Medical
Building Class B
Lot Size 0.14 AC
Rentable Building Area 11,010 SF
No. Stories 2
Year Built 1924
Tenancy Single
Clear Ceiling Height 14 FT
Opportunity Zone Yes

Amenities

  • 24 Hour Access
  • Signage
  • Skylights
  • Storage Space

Utilities

  • Lighting
  • Gas
  • Water - City
  • Sewer
  • Heating
Walk Score ®
Walker's Paradise (92)
Transit Score ®
Rider's Paradise (98)
Bike Score ®
Very Bikeable (85)
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.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 5134-021-001
  • 5134-021-003
  • 5134-021-002
Land Assessment
$7,428,843
Improvements Assessment
$65,388
Total Assessment
$7,494,231

zoning

Zoning Code LAC2-2D (LA C2-2D | Central Business District TOC (TRANSIT ORIENTED COMMUNITIES): TIER 3 DESIGNATION OPPORTUNITY ZONE STATE ENTERPRISE ZONE)
LAC2-2D (LA C2-2D | Central Business District TOC (TRANSIT ORIENTED COMMUNITIES): TIER 3 DESIGNATION OPPORTUNITY ZONE STATE ENTERPRISE ZONE)
  • Listing ID: 33287512

  • Date on Market: 9/24/2024

  • Last Updated:

  • Address: 236 W 15th St, Los Angeles, CA 90015

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