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$1,000,000 USD
741 S Bonnie Brae Street
Los Angeles, California 90057
USA
Los Angeles, California 90057
USA
Commercial for Sale, Other Commercial Property
Land size: 0.085 ha ::
0.21 acres
Sale price per sqm: 0
Remarks:
ATTENTION DEVELOPERS AND INVESTORS. ENTRY FOR REFERENCE PURPOSES. Rare urban infill parking and development opportunity located at 741 S Bonnie Brae Street, Los Angeles, CA (APN: 5142-003-021) in the Westlake / MacArthur Park submarket. The property consists of an approximately 9,150 SF flat, fully fenced lot with approximately 61 feet of street frontage and 150 feet of depth, currently improved with approximately 36 striped parking spaces and alley access. The parcel is zoned R4-1 (City of Los Angeles) and is located within a Transit-Oriented Communities (TOC) Tier 3 and ED1-eligible area, offering compelling long-term residential or mixed-use redevelopment potential, subject to buyer verification and City approvals.
The property is part of a two-asset portfolio that includes the adjacent, fully occupied office building at 1833 W 8th Street (MLS #CV26000487, APN: 5142-006-009), which is valued at approximately $3.7 million. The combined portfolio price is $4.7 million. The Bonnie Brae parcel is shown separately at $1,000,000 for valuation and underwriting reference only. Ownership may consider a separate sale of this parcel on a case-by-case basis, at seller's sole discretion.
All information deemed reliable but not guaranteed. Buyers and their representatives are advised to conduct their own independent due diligence regarding zoning, lot dimensions, development feasibility, pricing, and portfolio structure. Property sold AS-IS.
The property is part of a two-asset portfolio that includes the adjacent, fully occupied office building at 1833 W 8th Street (MLS #CV26000487, APN: 5142-006-009), which is valued at approximately $3.7 million. The combined portfolio price is $4.7 million. The Bonnie Brae parcel is shown separately at $1,000,000 for valuation and underwriting reference only. Ownership may consider a separate sale of this parcel on a case-by-case basis, at seller's sole discretion.
All information deemed reliable but not guaranteed. Buyers and their representatives are advised to conduct their own independent due diligence regarding zoning, lot dimensions, development feasibility, pricing, and portfolio structure. Property sold AS-IS.
Features:
- Year Built: 1960
Location:
741 S Bonnie Brae Street, Los Angeles, California 90057, USA
Listed By CENTURY 21 Masters
The Commercial for Sale, Other Commercial Property located at 741 S Bonnie Brae Street, Los Angeles, California 90057, USA is currently for sale. 741 S Bonnie Brae Street, Los Angeles, California 90057, USA is listed for $1,000,000 USD. If the property located at 741 S Bonnie Brae 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.
