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444 S Westmoreland Ave

7,066 SF 100% Leased Office Building Los Angeles, CA 90020 $9,146,670 CAD ($1,294 CAD/SF)

Investment Highlights

  • Zoned for 6 story mixed residential development.

Executive Summary

Prime investment opportunity to build a multi-residential building on a corner lot in Koreatown. There is currently a 2 story office building located on the lot. Total square footage of lot is 13,600 square feet. Lot is zoned for LACR-1(Q)-R1 and a 6 story multi-residential building can be built on site. Walking distance to LA Metro station, markets, dining, and entertainment. Buyer to conduct own due diligence.

Attachments

Flyer

Property Facts

Sale Type
Investment
Sale Condition
Build to Suit
Property Type
Office
Property Subtype
Office/Residential
Building Size
7,066 SF
Building Class
C
Year Built
1913
Price
$9,146,670 CAD
Price Per SF
$1,294 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
3,533 SF
Building FAR
0.52
Land Acres
0.31 AC
Opportunity Zone
Yes
Zoning
LACR - LACR-1(Q)-R1, zoned for multi-residential building up to 6 stories. Buyer to conduct own due diligence.
Parking
10 Spaces (1.42 Spaces per 1,000 SF Leased)

Amenities

  • Signage
  • Air Conditioning
Walk Score ®
Walker's Paradise (96)
Transit Score ®
Excellent Transit (80)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
  • Listing ID: 31457573

  • Date on Market: 2024-04-09

  • Last Updated:

  • Address: 444 S Westmoreland Ave, Los Angeles, CA 90020

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