1114 Los Angeles StLos Angeles, CA 90015

  • Industrial properties
  • 44,480 SF
For Sale

Property Details for 1114 Los Angeles St

Year built
1920
Construction
CONCRETE
Lot size
0.26 AC
Property size (Sq ft)
44,480 SF
Zone code
LAM2
Property type
Industrial properties
Property subtype
Manufacturing properties
APN
5145-021-021
APU
5145021021

Description

This exceptional 44,480 square foot flex space is situated on a 11,235 square foot lot at 1114 S Los Angeles St, Los Angeles, CA 90015. The property boasts a prime location in the heart of Los Angeles' Fashion District, offering high visibility due to its frontage along Los Angeles Street. The four-story building is zoned M2-2D, making it conducive to a wide range of office, flex, and creative uses. Its clean, sleek buildout allows for immediate occupancy or further investment. The property presents a compelling opportunity for both owner-users seeking a functional and well-located space and investors looking for a strong return. Its proximity to mass transit and numerous entertainment and dining options adds significant value. The property's APN is 5145021021. This is a rare opportunity to acquire a substantial flex space in a highly desirable and vibrant Los Angeles location. The building's versatility and prime location make it an exceptional investment.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $15,017,006
    Hospitality
    $13,755,497
    Educational
    $11,444,412
    Medical
    $11,838,003
    Retail
    $17,802,418
1114 Los Angeles St, Los Angeles, California

Location Insight

City
Los Angeles
County
Los Angeles
State
California
Latitude
34.0378
Longitude
-118.257
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
$77,108
$2,509,048
$3,066,614
$5,575,662
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