110 11Th StLos Angeles, CA 90015
- Industrial properties
- 55,188 SF
Property Details for 110 11Th St
- Year built
- 1923
- Construction
- STEEL FRAME
- Lot size
- 0.18 AC
- Property size (Sq ft)
- 55,188 SF
- Zone code
- LAC2
- Property type
- Industrial properties
- Property subtype
- Manufacturing properties
- APN
- 5139-017-024
- APU
- 5139017024
Description
This exceptional creative office property, located at 110 W. 11th Street in the heart of historic Downtown Los Angeles (zip code 90015), offers 58,633 square feet of meticulously renovated space. Built in 1923, this landmark building sits on a 7,975 square foot lot (APN 5139-017-024) and enjoys a coveted position amongst world-class hotels, new mixed-use developments, and Crypto.com Arena. The property is currently 60% leased, presenting a significant opportunity for lease-up and increased revenue. A substantial penthouse space, offering up to 31,000 square feet, is available, providing one of the most spectacular full-floor spaces in Downtown Los Angeles. This highly renovated asset benefits from its prime location and the surrounding area's considerable growth potential. The property's unique blend of historic charm and modern amenities makes it an ideal location for creative businesses seeking a prestigious address in a vibrant and dynamic neighborhood. This owner/user investment opportunity is perfect for a company seeking a unique and iconic headquarters.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $18,632,162
- Hospitality
- $17,066,960
- Educational
- $14,199,510
- Medical
- $14,687,853
- Retail
- $22,088,126
Location Insight
- City
- Los Angeles
- County
- Los Angeles
- State
- California
- Latitude
- 34.0391
- Longitude
- -118.259
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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