529 7th St, Los Angeles, CA 90014
- Office buildings
- 75,251 SF
- 0.15 lot acres
Current Use by Public Records
- Keeling-Reichert / Construction Company / General Contractor
- Brockman Building / Tour Operator
Property Details for 529 7th St
- Year built
- 1926
- Construction
- TILT-UP CONCRETE
- Lot size
- 0.15 lot acres
- Zone code
- LAC2
- Property type
- Office buildings
- APN
- 5144-004-028
- APU
- 5144004028
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| May 1, 2026 | — | Grand Quinby Building LLC | Quinby Willshire LLC | Deed · related | $6.1M · Symetra Life Insurance Company |
| Feb 8, 2023 | — | Quinby Willshire LLC | Grand Quinby Building LLC | Grant Deed | — |
| Nov 3, 2020 | — | Grand Quinby Building LLC | — | Deed · related | $6.4M · City National Bank |
| Dec 12, 2012 | — | Grand Quinby Building LLC | Quinby Willshire LLC | Grant Deed | — |
| Dec 21, 2007 | $1,010,500 | Quinby Willshire LLC | Quinby Willshire LLC | Grant Deed · related | — |
| May 25, 1999 | — | Quinby Building LLC | — | Deed Of Trust · related | — |
| Jan 28, 1998 | — | Bldg Quinby | Carner,j | Grant Deed · related | — |
| — | — | Quinby Willshire LLC | — | Deed Of Trust · related | $7M · Kinecta FCU |
| — | — | Quinby Building LLC | — | Deed Of Trust · related | $6M · Gmac Commercial Mortgage Corp |
| — | — | Quinby Willshire LLC | — | Deed Of Trust · related | $7.5M · Habib American Bank |
Description
This exceptional 7,700 square foot commercial property, located at 529 W 7th St in Los Angeles, CA 90014, presents a unique investment opportunity. Situated on a 6,570 square foot lot in Los Angeles County, the property is currently vacant and offers flexible space ideal for a variety of uses. The building is zoned for retail, office, and restaurant uses, allowing for diverse tenancy options. Multiple spaces are available, with a minimum divisible space of 2,200 square feet and a maximum contiguous space of 5,500 square feet. The property boasts a prime downtown location at a high-traffic intersection, featuring expansive windows providing abundant natural light. The open layout and high ceilings create a versatile and inviting atmosphere. Previous use as a restaurant showcases the potential for a variety of businesses. This property is perfect for an owner-user or investor seeking a high-visibility location in a thriving urban environment. The property's adaptability and prime location make it an attractive option for businesses seeking a prominent presence in the heart of Los Angeles. The entire 7,700 square feet is currently available.
Value Estimations
-
CAP approach
- CAP Return
- Estimation
- 6%
- $31,755,000
- 6.5%
- $29,310,000
- 7%
- $27,220,000
-
Alternative Use
- Use
- Estimation
- MEDICAL BUILDING
- $34,280,000
- NEIGHBORHOOD: SHOPPING CENTER
- $31,870,000
- RETAIL STORES
- $30,895,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Los Angeles
- County
- Los Angeles
- State
- California
- Longitude
- -118.256
- Latitude
- 34.0474
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
