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$30,800
6,303 Sqft Lot
UPDATED:
12/05/2024 05:42 AM
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Rent
MLS Listing ID SB23011272
HOA Y/N No
Year Built 1947
Lot Size 6,303 Sqft
Lot Dimensions Assessor
Property Description
NEW Starting lease rate at $4.00 with a scale up program to market rent of $6.00 for lease terms from two to ten years -
Beautiful Bow Truss Ceiling construction with polished concrete flooring and concrete walls (reminiscent of Old LA architecture). The wide open floor plan has 6,300 sf on the ground floor and 1,400 sf on the three mezzanine areas in the back area next to the rollup door leading to the alley. A Fantastic location sandwiched between Hancock Park (established high-end residential community), The Miracle Mile (highest density corridor in all of L.A.) and Museum Row. There are major new developments built, under construction or in final planning stages - such as - The Wilshire-La Brea Metro Station, 8 story Mix use project directly across the street with 125 unit hotel, 121 luxury apts. and retail/commercial on the ground floor, The Academy Museum of Motion Pictures approved new development and multiple high density residential projects.
Some of the neighboring communities and landmarks include: Hancock Park / Greater Wilshire areas prestige's single family neighborhood, Miracle Mile - most densely populated area in all of LA (with high rise Luxury Apartments, Professional offices, boutique stores and restaurants), Museum Row with The Los Angeles County Museum, The Peterson Automotive Museum (among other great Museums), the El Rey Theater, the La Brea Tar Pits, Farmers Market and the Grove just to mention a few. Demographics are off the charts w-high net worth residence with income levels well above $120,000 and high property values with starter homes at $1 mill plus.
Beautiful Bow Truss Ceiling construction with polished concrete flooring and concrete walls (reminiscent of Old LA architecture). The wide open floor plan has 6,300 sf on the ground floor and 1,400 sf on the three mezzanine areas in the back area next to the rollup door leading to the alley. A Fantastic location sandwiched between Hancock Park (established high-end residential community), The Miracle Mile (highest density corridor in all of L.A.) and Museum Row. There are major new developments built, under construction or in final planning stages - such as - The Wilshire-La Brea Metro Station, 8 story Mix use project directly across the street with 125 unit hotel, 121 luxury apts. and retail/commercial on the ground floor, The Academy Museum of Motion Pictures approved new development and multiple high density residential projects.
Some of the neighboring communities and landmarks include: Hancock Park / Greater Wilshire areas prestige's single family neighborhood, Miracle Mile - most densely populated area in all of LA (with high rise Luxury Apartments, Professional offices, boutique stores and restaurants), Museum Row with The Los Angeles County Museum, The Peterson Automotive Museum (among other great Museums), the El Rey Theater, the La Brea Tar Pits, Farmers Market and the Grove just to mention a few. Demographics are off the charts w-high net worth residence with income levels well above $120,000 and high property values with starter homes at $1 mill plus.
Location
State CA
County Los Angeles
Area C18 - Hancock Park-Wilshire
Interior
Fireplace No
Exterior
Utilities Available Cable Available, Electricity Connected, Natural Gas Connected, Phone Connected, Water Connected
Roof Type Composition
Building
Lot Description 0-1 Unit/Acre, Rectangular Lot, Street Level, Flat
Story 1
Water Public
Others
Tax ID 5507023025
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Listed by Michael Talbot • RE/MAX Estate Properties • 310-422-4309