Commercial For Sale: USA California Los Angeles 1833 W 8th Street
SWIPE FOR MORE IMAGES

$4,700,000 USD

1833 W 8th Street
Los Angeles, California 90057
USA
Commercial for Sale, Office Building
Land size: 0.198 ha :: 0.49 acres
Sale price per sqm: 0
Tax: 25,343 USD
CENTURY 21 Masters
1169 Fairway Drive Suite 100
Walnut, California 91789, United States
Phone: (888) 862-1194

Yes, I would like more information from C21. Please use and/or share my information with a C21 Agent to contact me about my real estate needs.

By clicking Contact Agent, I agree a C21 Agent may contact me by phone or text message including by automated means about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Policy.

Remarks:

PACKAGE SALE – INCLUDES TWO ASSETS. Rare urban infill opportunity in the Westlake / MacArthur Park submarket of Los Angeles. The offering consists of a fully occupied two-story office building at 1833 W 8th Street (APN: 5142-006-009 | individually marketed on MLS #CV26002200) totaling approximately 20,600 rentable square feet, situated on an approximately 12,023 SF lot and zoned C2-1 (City of Los Angeles). The office building provides stable in-place income with expense optimization potential and reflects an approximate 4.9% cap rate based on office building income only.



The sale also includes a separately parceled parking lot at 741 S Bonnie Brae Street (APN: 5142-003-021 | individually marketed on MLS #CV26002139) featuring approximately 36 striped spaces with alley access, located on an approximately 9,150 SF lot and zoned R4-1 (City of Los Angeles). The parking parcel provides existing cash flow and strategic value in a dense, transit-oriented market with limited parking supply.



The two assets are immediately adjacent and just steps from one another, allowing for unified control of income, parking, and long-term optionality. Combined land area is approximately 21,173 square feet. Together, the assets are positioned in a high-density urban infill location near Downtown Los Angeles and Koreatown.



The properties are being marketed primarily as a package sale. Ownership may consider separate transactions on a case-by-case basis, at seller's sole discretion.



Buyer to assume all existing tenants. Property sold AS-IS.



All information deemed reliable but not guaranteed. Buyers and their representatives are encouraged to conduct their own independent due diligence regarding financials, zoning, lot sizes, and development potential.

Features:

  • Year Built: 1960
  • Property type: Office Building

Location:

1833 W 8th Street, Los Angeles, California 90057, USA
Listed By CENTURY 21 Masters

The Commercial for Sale, Office Building located at 1833 W 8th Street, Los Angeles, California 90057, USA is currently for sale. 1833 W 8th Street, Los Angeles, California 90057, USA is listed for $4,700,000 USD. If the property located at 1833 W 8th Street, Los Angeles, California 90057, USA isn't what you're looking for, search California Real Estate to see other Commercial For Sale in Los Angeles.

Large Photo