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$1,850,000
Est. payment /mo
4,382 SqFt
UPDATED:
11/08/2024 07:01 PM
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 4,382 sqft
Price per Sqft $422
MLS Listing ID 24-431401
Year Built 1946
Lot Size 7,001 Sqft
Acres 0.1607
Property Description
Douglas Elliman Commercial is pleased to present the exclusive listing of 2655 Short Street, an office property in the heart of the rapidly-emerging Boyle Heights submarket of Los Angeles. This unique asset boasts a total of approximately 4,382 square feet of gross building area. The property consists of two freestanding structures (approx. 2,200 SF each) and is situated on a lot size of approx. 7,000 SF. Originally constructed in 1946, the property has remained in outstanding condition under its current ownership. Additionally, significant capital improvements have been completed, including within the last several years the roof has been repaired and A/C has been upgraded. This is a rare opportunity to acquire a commercial asset in the south pocket of Boyle Heights. Currently, the asset operates as an investment; it has 100% occupancy and two tenants leased on a month-to-month basis. However, the Offering also provides the opportunity for an owner-user buyer seeking to establish a location in East Los Angeles. Strategically located just south of the exchange of the I-5, 10, 60, and 101 freeways, this restricted-supply area provides swift access to many critical transit routes while providing easy accessibility off of East Olympic Boulevard and South Soto Street.
Location
State CA
County Los Angeles
Area Boyle Heights
Zoning LAM2
Exterior
Garage Spaces 4.0
Building
Story 1
Others
Special Listing Condition Standard
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Listed by Douglas Elliman
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