127 E 3rd St | Los Angeles, CA 90013
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127 E 3rd St
Los Angeles, CA 90013
3rd & L.A. St - Fee Simple w/ ground lease · Land For Sale
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0.33 AC
PROPERTY FACTS
| Property Type | Land | Total Lot Size | 0.33 AC |
| Property Subtype | Commercial | No. Stories | 1 |
| Zoning | C2-4D-CDO - Check with Los Angeles City Zoning and Planning | ||
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 0.33 AC |
| No. Stories | 1 |
| Zoning | C2-4D-CDO - Check with Los Angeles City Zoning and Planning |
DESCRIPTION
Subject offering of a Fee Simple Interest in the 14,264 sq.ft. corner lot in Downtown Los Angeles, subject to a long term NNN ground Lease. Lease expires August 31, 2031. Ground Lessee has an option to extend the term for another 28 years. Property is an irregular shape lot on the NWC of 3rd and Los Angeles Street, currently with 11,113 sq.ft. of improvements built in 2004.
PROPERTY TAXES
| Parcel Number | 5161-026-037 | Improvements Assessment | $1,191,233 |
| Land Assessment | $1,598,032 | Total Assessment | $2,789,265 |
PROPERTY TAXES
Parcel Number
5161-026-037
Land Assessment
$1,598,032
Improvements Assessment
$1,191,233
Total Assessment
$2,789,265
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