522 6Th St Los Angeles, CA 90021
- Industrial land
- 0.06 lot acres
Current Use by Public Records
- Industrial land
Property Details for 522 6Th St
- Lot size
- 0.06 lot acres
- Zone code
- LAM2
- Property type
- Industrial land
- APN
- 5147-026-017
- APU
- 5147026017
Description
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.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Los Angeles
- County
- Los Angeles
- State
- California
- Longitude
- -118.245
- Latitude
- 34.0417
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA