PACKAGE SALE – INCLUDES TWO ASSETS. Rare urban infill opportunity in the Westlake / MacArthur Park submarket of Los Angeles. The offering consists of a fully occupied two-story office building at 1833 W 8th Street (APN: 5142-006-009 | individually marketed on MLS #CV26002200) totaling approximately 20,600 rentable square feet, situated on an approximately 12,023 SF lot and zoned C2-1 (City of Los Angeles). The office building provides stable in-place income with expense optimization potential and reflects an approximate 4.9% cap rate based on office building income only.
The sale also includes a separately parceled parking lot at 741 S Bonnie Brae Street (APN: 5142-003-021 | individually marketed on MLS #CV26002139) featuring approximately 36 striped spaces with alley access, located on an approximately 9,150 SF lot and zoned R4-1 (City of Los Angeles). The parking parcel provides existing cash flow and strategic value in a dense, transit-oriented market with limited parking supply.
The two assets are immediately adjacent and just steps from one another, allowing for unified control of income, parking, and long-term optionality. Combined land area is approximately 21,173 square feet. Together, the assets are positioned in a high-density urban infill location near Downtown Los Angeles and Koreatown.
The properties are being marketed primarily as a package sale. Ownership may consider separate transactions on a case-by-case basis, at seller’s sole discretion.
Buyer to assume all existing tenants. Property sold AS-IS.
All information deemed reliable but not guaranteed. Buyers and their representatives are encouraged to conduct their own independent due diligence regarding financials, zoning, lot sizes, and development potential.
20,600 Sq Ft
0.4861 Privata hektar Partistorlek
kommersiell
25 343 US$ Årlig skatt
Inbyggt 1960
MLS/Listnings-ID CV26000487
The 1833 Building
27 Enheter
Lägenhet
Lot - Corner Lot
Lot - Rectangular Lot
Lot - Walkstreet
Heating - Natural Gas
Heating - Zoned
Kylning – Central luftkonditionering
Hissar
Construction - Concrete
Cooling - Zoned
Construction - Brick
TOTAL MÅNADSKOSTNAD
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