2655 Short Street , Los Angeles, CA 90023
Los Angeles, CA 90023
Description
Douglas Elliman Commercial is pleased to present the exclusive listing of 2655 Short Street, an office property in the heart of the rapidly-emerging Boyle Heights submarket of Los Angeles. This unique asset boasts a total of approximately 4,382 square feet of gross building area. The property consists of two freestanding structures (approx. 2,200 SF each) and is situated on a lot size of approx. 7,000 SF. Originally constructed in 1946, the property has remained in outstanding condition under its current ownership. Additionally, significant capital improvements have been completed, including within the last several years the roof has been repaired and A/C has been upgraded. This is a rare opportunity to acquire a commercial asset in the south pocket of Boyle Heights. Currently, the asset operates as an investment; it has 100% occupancy and two tenants leased on a month-to-month basis. However, the Offering also provides the opportunity for an owner-user buyer seeking to establish a location in East Los Angeles. Strategically located just south of the exchange of the I-5, 10, 60, and 101 freeways, this restricted-supply area provides swift access to many critical transit routes while providing easy accessibility off of East Olympic Boulevard and South Soto Street.
Details
| Mls | 24431401 |
|---|---|
| Listing Type | For Sale |
| Subtype | Resale |
| Status | Active |
| Year | 1946 |
| Days On Site | 104 |
| Listing Provided By | Douglas Elliman 310-595-3888 | Daniel Zarosim |
Features
| Sq Feet | 4,382 |
|---|---|
| Storys | 1 |
| Zoning | LAM2 |
| Acreage | 0.16 |
Market Activity 90023
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Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90023 |
| Area | BOYH Boyle Heights |
| Listing VS Median (in 90023) | |
Price: $1,850,000 low | high Med: $749,500 SqFt: 4,382 low | high Med: 1,553 $ / SqFt: $422 low | high Med: $487 On Site: 104 low | high Med: 136.500000 | |