363 Clarence StLos Angeles, CA 90033

  • Industrial properties
  • 12,792 SF
For Lease
$26.88/SF/YR View listing

Property Details for 363 Clarence St

Year built
1965
Construction
TILT-UP CONCRETE
Lot size
0.33 AC
Property size (Sq ft)
12,792 SF
Zone code
LAMR1
Property type
Industrial properties
Property subtype
Manufacturing properties
APN
5172-019-013
APU
5172019013

Description

This exceptional 2,230-square-foot flex space, located at 363 S Clarence St in Los Angeles, CA 90033, presents a unique opportunity for creative businesses. Situated in the vibrant Boyle Heights neighborhood, this single-tenant property boasts an excellent location near the renowned Downtown Los Angeles Arts District. Built in 1965, this one-story industrial building offers ample clearance height and features one drive-in door for convenient access. The space includes a restroom and benefits from onsite parking. The property is zoned LA MR1 and is conveniently located just two blocks east of the Los Angeles River and two blocks north of 4th Street, easily accessible from Artemus Street (east of Anderson Street). The total building size is 4,005 square feet, with 2,230 square feet currently available. The monthly lease rental is $5,000, translating to a monthly gross rent of $2.24 per square foot. The property is ready for immediate occupancy. Los Angeles County location.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $4,318,740
    Hospitality
    $3,955,942
    Educational
    $3,291,298
    Medical
    $3,404,490
    Retail
    $5,119,796
363 Clarence St, Los Angeles, California
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Location Insight

City
Los Angeles
County
Los Angeles
State
California
Latitude
34.0435
Longitude
-118.224
CBSA code
31080
CBSA name
LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$7,238
$294,517
$167,587
$462,104
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