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3242 W 8th Street Los Angeles, CA 90005 3242 W 8th St

12,454 SF 92% Leased Office Building Los Angeles, CA 90005 $6,000,000 ($482/SF) 2.67% Cap Rate

Medical Offices California Los Angeles 3242 W 8th St, Los Angeles, CA 90005

Investment Highlights

  • Potential conversion to Low Income Apartment or Assisted Living Facility

Data Room Click Here to Access

  • Offering Memorandum

Property Facts

Sale Type
Investment
Sale Condition
Redevelopment Project
Property Type
Office
Property Subtype
Medical
Building Size
12,454 SF
Building Class
C
Year Built
1956
Price
$6,000,000
Price Per SF
$482
Cap Rate
2.67%
NOI
$160,000
Percent Leased
92%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
6,227 SF
Slab To Slab
11’
Building FAR
1.02
Lot Size
0.28 AC
Zoning
C2 - C1.5 Uses; Retail w/ Limited Manufacturing, Service Stations and Garages, Retail Contr. Business, Churches, Schools, Auto Sales, R4 Uses
Parking
36 Spaces (2.89 Spaces per 1,000 SF Leased)

Amenities

  • 24 Hour Access
  • Bus Line
  • Fenced Lot
  • Signage

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 1st Fl-Ste 101
  • 384 SF
  • Office
  • -
  • Feb 2025
  • 1st Fl-Ste 111
  • 824 SF
  • Office
  • Partial Build-Out
  • Feb 2025
  • 2nd Fl-Ste 203
  • 805 SF
  • Office
  • Partial Build-Out
  • Feb 2025
Space Size Space Use Condition Available
1st Fl-Ste 101 384 SF Office - Feb 2025
1st Fl-Ste 111 824 SF Office Partial Build-Out Feb 2025
2nd Fl-Ste 203 805 SF Office Partial Build-Out Feb 2025

1st Fl-Ste 101

Size
384 SF
Space Use
Office
Condition
-
Available
Feb 2025

1st Fl-Ste 111

Size
824 SF
Space Use
Office
Condition
Partial Build-Out
Available
Feb 2025

2nd Fl-Ste 203

Size
805 SF
Space Use
Office
Condition
Partial Build-Out
Available
Feb 2025
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3242 W 8th St, Los Angeles, CA - aerial map view - Image1
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Walk Score®
Walker's Paradise (96)
Transit Score®
Excellent Transit (79)
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

PROPERTY TAXES

Parcel Number 5094-018-010 Improvements Assessment $1,137,828
Land Assessment $2,275,657 Total Assessment $3,413,485

PROPERTY TAXES

Parcel Number
5094-018-010
Land Assessment
$2,275,657
Improvements Assessment
$1,137,828
Total Assessment
$3,413,485
(323) 919-0888

Contact

  • Kyungho Hwang
    Kyungho Hwang
  • 4B Advisors, Inc.

  • Listing ID: 33907335

  • Date on Market: 11/18/2024

  • Last Updated:

  • Address: 3242 W 8th St, Los Angeles, CA 90005

More public record information on 3242 W 8th St, Los Angeles, CA 90005

The Office Property at 3242 W 8th St, Los Angeles, CA 90005 is currently available for sale. Contact 4B Advisors, Inc. for more information.

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3242 W 8th Street Los Angeles, CA 90005 | 3242 W 8th St
(323) 919-0888 x

3242 W 8th Street Los Angeles, CA 90005 | 3242 W 8th St

Kyungho Hwang

(323) 919-0888

(323) 919-0888

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