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Ideal for Conversion to Affordable Housing 421 E 6th St

119,556 SF Vacant Industrial Building Los Angeles, CA 90014 $18,000,000 ($151/SF)

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Investment Highlights

Ideal for Conversion to Non-Profit/Affordable Housing
Heart of Downtown Los Angeles | Zoned LA R5

6-Story and 3-Story Building
7 Blocks West of DTLA Arts District

Executive Summary

Prime DTLA non-profit/affordable housing opportunity. Building has been recently renovated. On-site ground floor parking. Los Angeles R5 zoning. Located in the heart of Downtown Los Angeles at the northwest corner of 6th Street and San Pedro Street. 7 blocks west of the DTLA Arts District. 1-1/2 miles east of Crypto.com Arena and LA LIVE. Adjacent to Toy District and Fashion District. Easy access to all Downtown Los Angeles freeways. Walk score: 93 | Transit score: 100.

421 E 6th St OM

Property Facts

Price	$18,000,000	Lot Size	0.64 AC
Price Per SF	$151	Rentable Building Area	119,556 SF
Sale Type	Investment or Owner User	No. Stories	6
Property Type	Industrial	Year Built	1919
Property Subtype	Warehouse OfficeLoft Creative Space Office Office Residential	Clear Ceiling Height	10 FT 6 IN
Building Class	C	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Price	$18,000,000
Price Per SF	$151
Sale Type	Investment or Owner User
Property Type	Industrial
Property Subtype	Warehouse OfficeLoft Creative Space Office Office Residential
Building Class	C
Lot Size	0.64 AC
Rentable Building Area	119,556 SF
No. Stories	6
Year Built	1919
Clear Ceiling Height	10 FT 6 IN
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Amenities

Bus Line

Signage

PROPERTY TAXES

Parcel Number	5148-013-003	Improvements Assessment	$429,412
Land Assessment	$6,499,279	Total Assessment	$6,928,691

PROPERTY TAXES

Parcel Number

5148-013-003

Land Assessment

$6,499,279

Improvements Assessment

$429,412

Total Assessment

$6,928,691

zoning

Zoning Code	LA[Q]R5-2D (Located in CD-14 (Kevin De Leon), TOC Tier 2, Adaptive Reuse Incentive Area, and in a Designated Qualified Opportunity Zone)
LA[Q]R5-2D (Located in CD-14 (Kevin De Leon), TOC Tier 2, Adaptive Reuse Incentive Area, and in a Designated Qualified Opportunity Zone)