459 Colyton St Los Angeles, CA 90013

This exceptional 91,200 square foot mixed-use building presents a rare opportunity in Los Angeles' vibrant Arts District. A bank-owned foreclosure, this two-story property boasts a prime 1.05-acre lot (APN 5163-025-009) and underwent extensive renovations in 2008, including a new roof, updated plumbing and electrical systems, and the addition of solar panels. The building, constructed in 1908, features brick and wood architecture with painted murals, reflecting the neighborhood's unique character. Currently, it's largely vacant, except for two month-to-month commercial tenants, offering significant flexibility for an owner-user. The property includes seven grade-level loading doors, suitable for various commercial uses, including retail, office, and light industrial. Second-floor apartments provide an additional revenue stream. Ample surface parking surrounds the building. Zoned (T)(Q)C2-2-RIO, this property offers seller financing and is an ideal owner-user opportunity. Its central Arts District location provides easy access to a wealth of amenities. This is a unique chance to acquire a substantial, renovated property in a highly desirable area. The property is being sold as a fee simple interest.