801 Figueroa StLos Angeles, CA 90017

Property Details for 801 Figueroa St

Year built

1991

Construction

STEEL FRAME

Lot size

0.93 AC

Property size (Sq ft)

465,561 SF

Zone code

LAC2

Property type

Office properties

Property subtype

Office buildings

APN

5144-022-063

APU

5144022063

Description

This exceptional 5,200-square-foot freestanding warehouse, located at 801 S Figueroa Street, Suite 600, Los Angeles, CA 90017, presents a unique opportunity for lease. Situated in the vibrant CBD submarket of Los Angeles County, this single-tenant property boasts a modern design within a building constructed in 1960. The warehouse features impressive ceiling heights ranging from 14 to 16 feet, providing ample vertical space for various industrial uses. With convenient access via two drive-in doors, loading and unloading operations are streamlined. The property also offers ample parking with 15 spaces available. The lot size encompasses 0.23 acres, providing sufficient outdoor space. The building's power supply is robust, featuring 200 amps at 240 volts, and 3-phase power. The property is zoned M2-2D, and its APN is 5130012034. Collection streets include S Hooper St and Newton St. The entire 5,200 square feet is currently vacant and ready for immediate occupancy. This prime location offers excellent visibility and accessibility within the bustling Los Angeles CBD. Don't miss this chance to secure this well-appointed warehouse space.

• CAP approach

  CAP return

  Valuation

  6%

  $137,320,576

  6.5%

  $126,757,448

  7%

  $117,703,344

• Comparable approach

  Method

  Valuation

  Relative Method

  $88,531,080

  Geo Method

  $88,531,080

• Alternative Use

  Use

  Valuation

  Residential

  $157,179,232

  Hospitality

  $143,975,328

  Educational

  $119,785,792

  Medical

  $123,905,408

  Retail

  $186,333,456

Location Insight

City

Los Angeles

County

Los Angeles

State

California

Latitude

34.0478

Longitude

-118.262

CBSA code

31080

CBSA name

LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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