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340 2Nd St Los Angeles, CA 90012

OFF-MARKET Retail properties & Spaces Google Maps
44,351 SF
Estimated value
No estimation on file for this property yet.
Property ID

Property summary

AI-generated overview

This exceptional Class A commercial property, located at 340 E 2nd Street in Los Angeles' vibrant Little Tokyo submarket (zip code 90012), offers a unique blend of retail and creative office spaces. The building totals 44,351 square feet, featuring a mix of multiple tenancies. Currently, there are 9,383 square feet of vacant space available, divisible into units ranging from a minimum of 457 square feet to a maximum contiguous space of 2,493 square feet. Five individual spaces are currently available for lease. The building boasts convenient on-site parking, a significant advantage in this desirable location. Ideal for businesses seeking a blend of modern amenities and a dynamic urban setting, this property provides easy access to the area's rich cultural scene and robust transportation network. The building includes one elevator for convenient access to all floors. The property's "Creative Office" designation reflects its suitability for businesses in design, technology, and other creative industries. This is a rare opportunity to secure space in a highly sought-after Little Tokyo location. Inquire today to learn more about leasing options and explore the possibilities this exceptional property offers.

Property profile

Verified
Property type Retail properties & Spaces
Total area 44,351 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Accounting Firm Tax Preparation
  • Insurance Agency
  • Child Welfare Organization Charitable Organization
  • Law Firm Financial Advisor
  • Department Store

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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