Caitlin Chen, CTP
Residential and Commercial Real Estate Investment Broker and Advisor
Serving Clients in all Aspects of Real Estate
Including Auctions, Receivership, Leasing, Triple Net Lease Properties

call now

     

    262 Los Angeles Street Los Angeles, CA 90012

    7,075,000

    General Information
    • Status: Active
    • Type:Commercial
    • Bedrooms
    • Bathrooms
    • Square feet: 23,769
    • Lot size:
    • Year built: 1906
  • Mls# OC22050616
  • Days on Market: 187
  • Units:
  • Acres:
  • HOA Fees:
  • Opportunity to purchase an Opportunity Zone redevelopment property in Little Tokyo area located at the corner of S Los Angeles and 3rd Street. This is a truly rare opportunity for a buyer to own in one of the most diverse and growing neighborhoods of Downtown Los Angeles. Walking distance to world renowned museums, restaurants/bars and new residential developments, it is undeniably the place to be. The demolished 3-story with basement building at 262 S. Los Angeles Street had over 30,000 square feet of mixed use retail, office and warehouse space. The property sits on two parcels of land (APN 5161-025-004 and 5161-025-001) for building and easement. The building was heavily damaged due to fires and undergoing clean-up and demolition. At the time of the fire in 2021 and for over a decade, because of the heavily traveled traffic location, the building has always had over 90% occupancy. With its unparalleled access to Downtown Los Angeles, the location has additional benefits from traffic in nearby offices, residential, retail and other usages including multitude of cultural icons including the Walt Disney Concert Hall, Dorothy Chandler Pavilion, Ahmanson Theater, LA Live, Nokia Theater, Staples Center and many more. For additional information, please contact listing agent directly. Buyer and agent/broker to verify the accuracy of all property details such as lot size, square footage, zoning, permits, use code, taxes and/or other information. Neither seller nor their agent/broker makes any warranties or guarantees regarding this information.
    Features
    • Source:CRMLS IDX
    • LA:Ed Ho
    • Co-LA:
    • Listing Updated:11/15/2022 11:54:18 AM
    • LO:Eduardo Ho, Broker,oc02567
    • Co-LO:
    • Database Updated:2022/12/06 17:52:15
    • SA:
    • SO:
    • Co-SA:
    • Co-SO:

    Based on information from CARETS as of 06/12/2022 07:00:00 AM. The information being provided by CARETS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this website comes from the Internet Data Exchange (IDX) program of CRISNet MLS and/or CARETS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.


    Notice: Undefined offset: 1 in I:\apexidx\idx\functions.php on line 97
    .



    Location

    5556 S. Centinela Ave.
    Los Angeles, CA 90066

    realestate@caitlinchen.com

    DRE# 01072555

    Copyright © 2002-2022 RealtyTech Inc.
    Real Estate Websites by RealtyTech Inc.
    Accessibility Help Skip to content Skip to menu Skip to Footer

    Text Reader