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1719 Santee St
Los Angeles, CA 90015
DTLA Cell Tower Site: Leased Investment · Land For Sale
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0.05 AC
Investment Highlights
- Probate Sale: Cell Tower Site
- Corner Location Across From I-10 Freeway in DTLA
- Leased Investment to 2029: $58,068 Gross Annual Income
Property Facts
| Property Type | Land | Proposed Use | Hold For Investment |
| Property Subtype | Industrial | Total Lot Size | 0.05 AC |
| Zoning | LA M2 | ||
| Property Type | Land |
| Property Subtype | Industrial |
| Proposed Use | Hold For Investment |
| Total Lot Size | 0.05 AC |
| Zoning | LA M2 |
Description
Currently leased as a cell tower site through 2029. $58,068 gross annual income — $45,633 NOI (less property tax based on asking price). 4.58% actual cap rate. Located across 18th Street from the I-10 Freeway. One block north of Washington Blvd. Adjacent to DTLA Fashion District. Close to Los Angeles Trade Tech College. Zoned LA M2. APN 5127-023-022. Probate sale subject to court approval.
Property Taxes
| Parcel Number | 5127-023-022 | Improvements Assessment | $0 |
| Land Assessment | $286,844 | Total Assessment | $286,844 |
Property Taxes
Parcel Number
5127-023-022
Land Assessment
$286,844
Improvements Assessment
$0
Total Assessment
$286,844
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