1310 6Th StLos Angeles, CA 90017

  • Retail properties
  • 5,466 SF
For Sale

Property Details for 1310 6Th St

Year built
1924
Construction
WOOD
Lot size
0.35 AC
Property size (Sq ft)
5,466 SF
Zone code
LACW
Property type
Retail properties
Property subtype
Turn key restaurants
APN
5143-016-010
APU
5143016010

Description

This exceptional two-story office building, located at 2236 S Hamilton Rd, suite 100, offers a variety of suite sizes perfect for businesses of all scales. The property boasts a total of 38,976 square feet, divided into 17 individual suites, with a minimum divisible space of 1,084 square feet. Currently, 1,084 square feet of space is immediately available. The building features convenient amenities including ample surface parking with 120 spaces, ensuring easy access for employees and clients. A modern elevator provides effortless access to the second floor. The strategic location at the intersection of S Hamilton Rd and Groves Rd, just off I-70, places the property in a high-traffic area surrounded by a vibrant mix of retail, office spaces, and restaurants. This prime location offers unparalleled convenience, with quick access to downtown and the airport. Utilities are included, adding further value to this exceptional opportunity. The building also features a large first-floor space, ideal for various uses, and a dedicated area for storage, potentially suitable for staging and sound equipment. This is an excellent opportunity to secure a well-located, functional office space in a thriving commercial area.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,369,987
    6.5%
    $2,187,680
    7%
    $2,031,417
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,619,325
    Geo Method
    $2,619,325
  • Alternative Use

    Use
    Valuation
    Residential
    $1,845,390
    Hospitality
    $1,690,368
    Educational
    $1,406,366
    Medical
    $1,454,733
    Retail
    $2,187,680
1310 6Th St, Los Angeles, California

Location Insight

City
Los Angeles
County
Los Angeles
State
California
Latitude
34.0553
Longitude
-118.266
CBSA code
31080
CBSA name
LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$6,607
$231,010
$206,103
$437,113
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FAQs

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