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    522 6Th St Los Angeles, CA 90021

    Sponsored
    For Sale
    $1,660,050

    Prime location, 3,906 sq ft, $1.66M

    Property size:
    3,906 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional two-story building, located at 522 E 6th St in Los Angeles, CA 90021, presents a unique investment opportunity. Boasting 3,906 square feet of space, this property is zoned M2 and offers a blend of executive office and warehouse functionality, making it ideal for a variety of uses. Built in 1992, the structure features concrete construction and sits on a 0.06-acre lot (2,744 sq ft). The building includes 14 private offices, abundant natural light from numerous windows, a full HVAC system, and a kitchenette. Two restrooms are conveniently located within the space. Parking is provided for four vehicles. The electrical system is robust, featuring 200 amps, 240 volts, and 3-phase power. Currently vacant, this property offers immediate possession. The asking price is $1,660,050, translating to $425 per square foot. Its central downtown location, near the Arts District, Little Tokyo, and the Fashion District, offers significant growth potential and aligns with the Downtown LA 2040 Plan. The property's features and location make it particularly well-suited for aid organizations or charitable foundations. The Assessor's Parcel Number (APN) is 5147026017. This is a first-time market offering.

    Property Features for 522 6Th St

    General Information

    Property type
    Distribution properties
    Square Feet
    3,906 SF
    Lot Size
    2,614 SF

    Building Details

    Year Built
    1992
    Stories
    2

    HighLights

    • Sale Price: $1,660,050.
    • Sale Price per Square Foot: $425.
    • Building Size: 3,906 square feet.
    • Lot Size: 0.06 acres (2,744 square feet).
    • Construction: Concrete, 1992.
    • Office Space: 3,906 square feet, 14 offices.
    Property Profile Location Intelligence

    Current Use by Public Records

    Distribution centers

    Suggested Use

    Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Restaurant Daycare Center Building Supply Gym & Fitness Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Los Angeles
    County
    Los Angeles
    State
    California
    Longitude
    -118.2448528
    Latitude
    34.0416558

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    FAQs

    What type of property is this?
    Distribution property - Prime location, 3,906 sq ft, $1.66M
    Where is this distribution property located?
    The property is located at 522 6Th St Los Angeles, CA.
    What is the asking price?
    The asking price for this property is $1,660,050.
    What are key features of this property?
    This property features: Sale Price: $1,660,050.; Sale Price per Square Foot: $425.; Building Size: 3,906 square feet.
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    522 6Th St Los Angeles, CA 90021
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