716 E 9th Pl
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716 E 9th Pl
4,610 SF Vacant Flex Building Los Angeles, CA 90021 $2,300,000 ($499/SF)
Investment Highlights
- Great Owner-User Opportunity
- 2 Stories
- Walker’s Paradise (91)
- Located in the Heart of DTLA
- Fenced Lot
- Rider’s Paradise (94)
Executive Summary
CBRE is pleased to announce the listing of 716 East 9th Place in the heart of Downtown Los Angeles. The subject property comprises 4,620 SF of flexible space across two stories in a 3,934 SF Lot. The property is situated in M2 zoning, but in 2006, it obtained a Certificate of Occupancy (CofO) as a restaurant. Consequently, the first floor was previously occupied by a Korean restaurant, making it an
excellent owner-user/investment opportunity for those interested in opening a restaurant or utilizing it as a warehouse. The second floor was previously used as a photo studio, presenting numerous opportunities for flexible use. This property boasts an impressive Walk Score of 91
and Transit Score of 94. Additionally, there are parking spaces at the rear of the property, secured by a fenced gate.
excellent owner-user/investment opportunity for those interested in opening a restaurant or utilizing it as a warehouse. The second floor was previously used as a photo studio, presenting numerous opportunities for flexible use. This property boasts an impressive Walk Score of 91
and Transit Score of 94. Additionally, there are parking spaces at the rear of the property, secured by a fenced gate.
Property Facts
| Price | $2,300,000 | Rentable Building Area | 4,610 SF |
| Price Per SF | $499 | No. Stories | 2 |
| Sale Type | Investment or Owner User | Year Built | 1967 |
| Property Type | Flex | Parking Ratio | 1.08/1,000 SF |
| Property Subtype | Light Distribution | Clear Ceiling Height | 16 FT |
| Building Class | C | Opportunity Zone |
Yes
|
| Lot Size | 0.09 AC |
| Price | $2,300,000 |
| Price Per SF | $499 |
| Sale Type | Investment or Owner User |
| Property Type | Flex |
| Property Subtype | Light Distribution |
| Building Class | C |
| Lot Size | 0.09 AC |
| Rentable Building Area | 4,610 SF |
| No. Stories | 2 |
| Year Built | 1967 |
| Parking Ratio | 1.08/1,000 SF |
| Clear Ceiling Height | 16 FT |
| Opportunity Zone |
Yes |
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
open floor plan, single block wall building with parking in a fenced controlled gate.
| Space | Size | Space Use | Condition | Available |
| 1st Floor | 4,610 SF | Flex | Shell Space | Now |
1st Floor
| Size |
| 4,610 SF |
| Space Use |
| Flex |
| Condition |
| Shell Space |
| Available |
| Now |
1st Floor
| Size | 4,610 SF |
| Space Use | Flex |
| Condition | Shell Space |
| Available | Now |
open floor plan, single block wall building with parking in a fenced controlled gate.
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Walk Score ®
Walker's Paradise (92)
Transit Score ®
Rider's Paradise (94)
Bike Score ®
Very Bikeable (77)
PROPERTY TAXES
| Parcel Number | 5132-001-025 | Improvements Assessment | $734,456 |
| Land Assessment | $948,897 | Total Assessment | $1,683,353 |
PROPERTY TAXES
Parcel Number
5132-001-025
Land Assessment
$948,897
Improvements Assessment
$734,456
Total Assessment
$1,683,353
zoning
| Zoning Code | M2-4LA |
| M2-4LA |
-
Brent Koo -
Lex Yoo -
CBRE
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