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Property profile & analytics
FOR SALE
Office buildings

2655 Short St Los Angeles, CA 90023

4,382 SF 0.16 ac lot
Trust Owned 21-yr Hold Absentee Owner Free & Clear
Property ID
US09-8328240
Property summary
AI-generated overview

This single-story, 4,382-square-foot manufacturing building in Los Angeles' Boyle Heights neighborhood presents a unique owner-user opportunity. Situated on a 7,000-square-foot lot, the property features two freestanding structures of approximately 2,200 square feet each. Built in 1946, the building is in excellent condition, benefiting from recent capital improvements including roof repairs and AC upgrades. The property includes six on-site parking spaces and is conveniently located near the intersection of the I-5, 10, 60, and 101 freeways, offering easy access to major transportation routes. Its M2-1-CUGU zoning allows for various manufacturing uses. The property is currently vacant, providing a blank canvas for a new owner to customize and utilize the space to their specific needs. Its prime location in Boyle Heights, close to the 6th Street Viaduct and the Sears Landmark Tower, offers excellent visibility and accessibility. The asking price is $1,850,000, translating to $422.18 per square foot. This represents a rare chance to acquire a well-maintained industrial property in a rapidly developing area of Los Angeles. The property's APN is 5170-017-001. The back alley provides access to the parking.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Construction TILT-UP CONCRETE
Total area 4,382 SF
Lot 0.16 ac (6,999 SF)
Zoning code LAM2
APN 5170-017-001
UPID US09-8328240
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.04M
Blend (final) Blend
$815k
Owner & transaction history
Weisfeld Jeff Trust · 21 yrs held
Weisfeld Jeff Trust
since 2005
2 recorded transactions
2005
Price N/A
1995
Price N/A
Zoning & alternative use
LAM2 · Los Angeles, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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