421 6Th StLos Angeles, CA 90014

This exceptional six-story apartment building, located at 421 E 6th Street in Los Angeles, CA 90014, presents a compelling investment opportunity. Boasting 119,556 square feet on a 28,000 square foot lot, this 1921-built property is ideally suited for conversion into non-profit or affordable housing. The building has undergone recent renovations and features on-site ground floor parking. Its prime location in Downtown Los Angeles, at the northwest corner of 6th and San Pedro Streets, offers unparalleled access to major freeways and is situated within walking distance of the Arts District, Crypto.com Arena, LA LIVE, the Toy District, and the Fashion District. The property benefits from a Walk Score of 93 and a Transit Score of 100, reflecting its exceptional accessibility. The permitted zoning is LA [Q]R5-2D. The asking price is $18,000,000, translating to $150.56 per square foot. This is a rare chance to acquire a substantial property in a thriving urban core, perfectly positioned for a socially impactful redevelopment. The APN is 5148-013-003.