$251.80 Per Sq Foot $16,910 est/mo Sourced by Back At You

300 S Alvarado Street,Los Angeles, CA 90057

Los Angeles CA, 90057

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Description

This is an extremely unique redevelopment opportunity located on the prime corner of 3rd Street and Alvarado in the Westlake community zone. Subject property is part of the Transit Oriented Community (TOC - Tier 3). There are potential parking variances applicable under Assembly Bill 2097. This retail building is conveniently situated near public transportation with several bus lines. Buildable up to 45,000 sq. ft. with 50+ units. Located in a heavy vehicle and pedestrian foot traffic zone. The area is undergoing significant transformation and is less than three miles from Downtown Los Angeles. Most tenants are month-to-month or on expiring leases. Property is being sold as-is. All brokers and buyers to do their own investigation and due diligence regarding any/all property or land characteristics, including but not limited to square footage, zoning, land usage, permits, etc. Trust Sale subject to a Notice of Proposed Action.

Details

MLS#23293629
Listing TypeFor Sale
Sub-TypeResale
StatusActive Under Contract
Year1925
Days On Site243
Listing Provided ByAlta Realty Group CA, Inc. 888-504-5327 | Andrew Brody

Features

SQ Feet12,510
ZoningLAC2
Acreage0.29

Market Activity 90057

MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the California Regional MLS.

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Listings Checked: 1 minute ago
StateCA
CountyLos Angeles
CityLos Angeles
Zip Code90057
AreaC42 Downtown L.A.
Listing VS Median (in 90057)
Price:
$3,150,000
low | high
Med:
$619,500
100% of Average
SqFt:
12,510
low | high
Med:
1,609
100% of Average
$ / SqFt:
$252
low | high
Med:
$424
18.42586462655% of Average
On Site:
243
low | high
Med:
103.500000
100% of Average
Sourced by Back At You
Listing Updated: March 7, 2024 at 12:45:16 PM PST