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300 S Alvarado Street

Los Angeles (City), CA 90057
  • $3,150,000
  • STATUS: Active Under Contract
  • ON SITE: 276 Days
  • ID#: 23293629
Under Contract
UPDATED: 94 min ago
$3,150,000
  • 0
    BEDS
  • 0.29
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1925
County:

School Ratings & Info

Listing Agent(s): Andrew Brody of Alta Realty Group CA, Inc. (888-504-5327)


Description

This is an extremely unique redevelopment opportunity located on the prime corner of 3rd Street and Alvarado in the Westlake community zone. Subject property is part of the Transit Oriented Community (TOC - Tier 3). There are potential parking variances applicable under Assembly Bill 2097. This retail building is conveniently situated near public transportation with several bus lines. Buildable up to 45,000 sq. ft. with 50+ units. Located in a heavy vehicle and pedestrian foot traffic zone. The area is undergoing significant transformation and is less than three miles from Downtown Los Angeles. Most tenants are month-to-month or on expiring leases. Property is being sold as-is. All brokers and buyers to do their own investigation and due diligence regarding any/all property or land characteristics, including but not limited to square footage, zoning, land usage, permits, etc. Trust Sale subject to a Notice of Proposed Action.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2024-06-24T23:28:02.823. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Team Tami | Palm Realty Boutique. Licensed in the State of California, USA.
www.playavistaliving.com/homes/143627936
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300 S Alvarado Street Los Angeles (City), CA 90057

  • Price: $3,150,000
  • Status: Active Under Contract
  • On Site: 276 Days
  • Updated: 94 min ago
  • ID#: 23293629
0
Beds
0
Baths
0
½ Baths
0.29
Acres
1925
Built
Neighborhood:
C42 - Downtown L.A.
County:
Los Angeles
Area:
C42 - Downtown L.A.
Property Description
This is an extremely unique redevelopment opportunity located on the prime corner of 3rd Street and Alvarado in the Westlake community zone. Subject property is part of the Transit Oriented Community (TOC - Tier 3). There are potential parking variances applicable under Assembly Bill 2097. This retail building is conveniently situated near public transportation with several bus lines. Buildable up to 45,000 sq. ft. with 50+ units. Located in a heavy vehicle and pedestrian foot traffic zone. The area is undergoing significant transformation and is less than three miles from Downtown Los Angeles. Most tenants are month-to-month or on expiring leases. Property is being sold as-is. All brokers and buyers to do their own investigation and due diligence regarding any/all property or land characteristics, including but not limited to square footage, zoning, land usage, permits, etc. Trust Sale subject to a Notice of Proposed Action.
Exterior Features

Parking Total 0 Roof Flat

Property Features

Association Fee 0 Disclosures Trust/Conservatorship Listing Agreement Seller Reserved Listing Service Full Service Special Listing Conditions Standard Zoning LAC2



Based on information from California Regional Multiple Listing Service, Inc. as of 2024-06-24T23:28:02.823. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Team Tami | Palm Realty Boutique. Licensed in the State of California, USA.
 
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Team Tami | Palm Realty Boutique
323 Culver Blvd.
Playa del Rey CA, 90293
Listing Agent(s): Andrew Brody of Alta Realty Group CA, Inc. (888-504-5327)