For Sale
$6,500,000

538 Mission RdLos Angeles, CA 90033

Prime LA Retail Land, Two Buildings

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional commercial property at 538 N Mission Rd, Los Angeles, CA 90033 presents a unique investment opportunity. Priced at $6,500,000, this 19,564 square foot lot boasts two existing buildings totaling 1,368 square feet. Building 1 offers 828 square feet, while Building 2 provides 540 square feet. Constructed in 1980, the property is zoned LAM1, offering flexibility for various commercial uses. Its strategic location in central Los Angeles provides easy access to major transportation arteries, including the 5 and 10 Freeways. The property's proximity to Downtown Los Angeles, the Arts District, and the Fashion District ensures high visibility and strong potential for growth. This site is ideal for developers seeking a prime location for new construction or for owner-occupiers looking for a well-situated commercial space. The property's size and location make it an attractive proposition for a wide range of commercial ventures. This is a rare opportunity to acquire a substantial land parcel in a thriving Los Angeles neighborhood. The existing buildings offer immediate income potential or can be easily renovated to suit specific business needs. Don't miss this chance to secure a piece of Los Angeles' vibrant commercial landscape.

Highlights

  • Prime development or owner-occupier site in central Los Angeles.
  • Minutes from Downtown LA, Arts District, and Fashion District.
  • Adjacent to the 5 and 10 Freeways.
  • 19,564 SF lot with two existing buildings totaling 1,368 SF.
  • Building 1: 828 SF; Building 2: 540 SF.

Property Details for 538 Mission Rd

Property type
Retail properties, Land
Square Feet
1,368 SF
Year Built
1980
Buildings
2

Location Insight

City
Los Angeles
County
Los Angeles
State
California
Latitude
34.0545939
Longitude
-118.224588
538 Mission Rd, Los Angeles, California

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538 Mission Rd
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