Exceptional Investment Opportunity: Historic Metropolitan/Paramount Theatre Building IN DOWNTOWN LA! Step into a piece of Los Angeles history with this iconic Metropolitan/Paramount Theatre, a grand structure built in 1923 and situated in the vibrant heart of downtown LA on Broadway. This remarkable six-story building, in addition to a full basement, stands as a testament to the architectural elegance and cultural significance of its era. Key Features: Historic Charm: Experience the timeless allure of a building that has graced Broadway for over a century. Its classic design elements offer a unique canvas for those looking to restore or reimagine a piece of LA's storied past. Prime Location: Situated in one of the most coveted areas of downtown Los Angeles, the property benefits from high visibility and easy access to the city's bustling retail, entertainment, and cultural hubs. This central location ensures a steady flow of foot traffic and vibrant surroundings. Versatile Space: The building's expansive layout spans six floors in addition to a full basement, providing a multitude of redevelopment possibilities. Whether envisioned as upscale residential lofts, dynamic retail spaces, innovative office environments, or a blend of mixed-use options, the property's flexible design is ideal for a variety of modern uses. Vacant Possession: Upon closing, the building will be delivered vacant, offering a seamless transition for development and renovation plans. This presents a rare and exciting opportunity to customize the space to fit your vision without the need for tenant negotiations. Investment Potential: As a historic gem in a rapidly evolving urban landscape, this property represents a compelling investment opportunity. The combination of its architectural heritage and prime location makes it a valuable asset for investors and developers looking to make a significant impact in downtown Los Angeles. Don't miss your chance to own a piece of LA's history and transform it into a dynamic, contemporary space. Contact me today to explore this extraordinary opportunity and imagine the possibilities that await. Youtube video link: https://www.youtube.com/watch?v=f7qMbo9bfLw&t=33s
This property is located on the center of Downtown LA in Toys district. At hard corner of 4th street and Wall street. Single tenant/1,250 sq.ft. Excellent visibility and signage for retailer.
Presently an upscale tea beverage shop in super convenient location of DTLA. The new concept tea shop has been known as Cha Redefine and generated significant followers for high quality tea beverage in greater LA area. This is not a franchise opportunity so buyer can use different trade name other than the present trade name. The space was completely renovated in early 2021 to bring the highest quality craft and design to a beverage shop, and the complete built out is over 160k plus over 40k equipment included in the asking price. The existing lease is structured as NNN of $395/month and base rent of $4120/month with 3% increase annually, the last two months are rent free. Current lease will be expired on October 2025 with the option to extend additional 60 months (to 2031). This is truly a singular exceptional business opportunity for any beverage entrepreneurs/investors looking to expand their business in downtown LA.
Court Overbid Hearing Set For September 18th at 9:30am For Both Properties: 350 S. Los Angeles St & 416-424 S. Wall St, Los Angeles, Ca 90013. See Attached Rules For Overbid Procedures to participate in the overbid hearing. 416-424 Wall Street is a two-story Retail Storefront/Retail Office property in Downtown Los Angeles. Built in 1917, it encompasses 23,940 SF with eleven suites on a 15,010 SF lot, ten free surface parking spaces, and is zoned LAC2. 416-424 Wall Street is situated on the corner of Wall St. and Winston St., with traffic counts exceeding 9,000+ cars daily.The subject property boasts a prime, high-traffic location, with a prominent street presence of an impressive 146 Feet of frontage on Wall Street and 102 Feet on Winston Street.The exceptional Location Score of 92, a Walk Score of 96, and a Transit Score of 100 create unparalleled convenience for this retail center for customers and employees.
Court Overbid Hearing Set For September 18th at 9:30am For Both Properties: 350 S. Los Angeles St & 416-424 S. Wall St, Los Angeles, Ca 90013. See Attached Rules For Overbid Procedures to participate in the overbid hearing. 350 S. Los Angeles Street is a Retail Storefront Property in Downtown Los Angeles. Built in 1996, it has 9,780 SF, ten suites, nine tenants, and one vacant suite on a 9,723 SF corner lot. 350 S. Los Angeles St. is situated on the corner of Los Angeles St. and Boyd St., which is heavily traveled, with traffic counts exceeding 15,000 cars daily. The Subject Property boasts a prime, high-traffic location, prominent street signage, and a strong street presence, with an impressive 123 Feet of frontage on Boyd Street and 94 Feet on S. Los Angeles Street, ensuring maximum visibility and potential for increased foot traffic. The exceptional Location Score of 99, a WalkScore of 96, and a Transit Score of 100 underscores the unparalleled convenience of this retail center for customers and employees, making it an ideal investment opportunity.
On the corner of 5th street and Towne Avenue. This warehouse built in 1978 in the heart of DTLA. Close by the wholesale stores of Toys District. To access to highway I10, I5, 101, and 110 within 5 miles. A building on a lot size of 43,151 SqFt with 31,218 SqFt on ground level plus 3,010 SqFt to be an office/showroom on the second floor. Well-lit natural light in the building. It features with large Ground-Level loading docks which offer seamless access to material handling equipment, enhancing operational efficiency. This is a great opportunity for importer/distributer, or investor/developer.
Presently an upscale tea beverage shop in super convenient location of DTLA. The new concept tea shop has been known as Cha Redefine and generated significant followers for high quality tea beverage in greater LA area. This is not a franchise opportunity so buyer can use different trade name other than the present trade name. The space was completely renovated in early 2021 to bring the highest quality craft and design to a beverage shop, and the complete built out is over 160k plus over 40k equipment included in the asking price. The existing lease is structured as NNN of $395/month and base rent of $4120/month with 3% increase annually, the last two months are rent free. Current lease will be expired on October 2025 with the option to extend additional 60 months (to 2031). This is truly a singular exceptional business opportunity for any beverage entrepreneurs/investors looking to expand their business in downtown LA.
523 S Broadway and 525 S Broadway must be sold together.
The median home value in Los Angeles, CA is $681,800. This is higher than the county median home value of $607,000. The national median home value is $219,700. The average price of homes sold in Los Angeles, CA is $681,800. Approximately 34.45% of Los Angeles homes are owned, compared to 59.14% rented, while 6.42% are vacant. Los Angeles real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Los Angeles real estate agent to arrange a tour today!
Los Angeles, California 90013 has a population of 3,949,776. Los Angeles 90013 is less family-centric than the surrounding county with 28.74% of the households containing married families with children. The county average for households married with children is 32.35%.
The median household income in Los Angeles, California 90013 is $54,501. The median household income for the surrounding county is $61,015 compared to the national median of $57,652. The median age of people living in Los Angeles 90013 is 35.2 years.
The average high temperature in July is 83.7 degrees, with an average low temperature in January of 46.4 degrees. The average rainfall is approximately 16.7 inches per year, with 0 inches of snow per year.