$1,850,000
For Sale

2655 Short Street

Los Angeles, CA 90023
Listing OfficeDouglas Elliman
Browse 3 photos
Type:Purchase
Structure:Commercial
Zone:Commercial

Description

Douglas Elliman Commercial is pleased to present the exclusive listing of 2655 Short Street, an office property in the heart of the rapidly-emerging Boyle Heights submarket of Los Angeles. This unique asset boasts a total of approximately 4,382 square feet of gross building area. The property consists of two freestanding structures (approx. 2,200 SF each) and is situated on a lot size of approx. 7,000 SF. Originally constructed in 1946, the property has remained in outstanding condition under its current ownership. Additionally, significant capital improvements have been completed, including within the last several years the roof has been repaired and A/C has been upgraded. This is a rare opportunity to acquire a commercial asset in the south pocket of Boyle Heights. Currently, the asset operates as an investment; it has 100% occupancy and two tenants leased on a month-to-month basis. However, the Offering also provides the opportunity for an owner-user buyer seeking to establish a location in East Los Angeles. Strategically located just south of the exchange of the I-5, 10, 60, and 101 freeways, this restricted-supply area provides swift access to many critical transit routes while providing easy accessibility off of East Olympic Boulevard and South Soto Street.

  • Property Details
      • Property SubtypeCommercialSale
      • CountyLos Angeles
      • Original List Price$1,900,000
      • Property TypePurchase
      • MLS #24431401
      • MLS #24431401
      • Cost1850000
      • Acres0.1607
      • Year Built1946
      • Stories1

Location

Cristina Arneson-CabreraReal Estate Group
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years

Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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