Updated as of 6/8/2026.-AUCTION SALE: Century 21 Masters and FRE Auctions are pleased to present this Online Auction Plus Event. STARTING BID: $1,500,000. PACKAGE INCLUDES TWO ADJACENT ASSETS. • ASSET 1: Fully occupied two-story office building located at 1833 W 8th Street (APN: 5142-006-009), totaling approximately 20,600 rentable square feet on an approximately 12,023 SF C2-1 zoned lot, providing stable in-place income with significant upside as current rents are below market, offering a strong opportunity to stabilize and increase cash flow. The asset reflects an estimated 5%–6% in-place cap rate based on current NOI and generates approximately $400,000 in gross annual income with stable occupancy (26 tenants). • ASSET 2: Separately parceled parking lot located at 741 S Bonnie Brae Street (APN: 5142-003-021), featuring approximately 36 striped spaces with alley access on an approximately 9,150 SF R4-1 zoned lot, offering existing income and strategic value in a dense, transit-oriented area with limited parking supply. The assets are adjacent and operate as a unified investment, offering control of income, parking, and future optionality. Combined land area is approximately 21,173 square feet, near Downtown Los Angeles and Koreatown. Property offered via auction with reserve. All offers must be submitted through the auction platform. Seller reserves the right to accept, reject, or negotiate offers prior to or after the bidding period. Buyer to assume all existing tenants. Property sold AS-IS. All information deemed reliable but not guaranteed. Buyers to conduct their own due diligence.
20,600 Sq Ft
0.4861 프라이빗 에이커스 롯트 크기
상업용
US$2,112 월별 세금
Built in 1960
MLS/리스팅 ID CV26000487
The 1833 Building
27 유닛
Lot - Rectangular Lot
Lot - Walkstreet
Heating - Natural Gas
Heating - Zoned
냉방 - 중앙 에어컨
Cooling - Zoned
Construction - Brick
Construction - Concrete
Public Water
엘리베이터
Lot - Corner Lot
플랫
월 총 비용
US$0
US$0
US$0
Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.