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2140-2150 Cotner Ave. (Bldg. + Adj. Lots) 2140 Cotner Ave 16,743 SF 100% Leased Office Building Los Angeles, CA 90025 $10,995,000 ($656.69/SF)



EXECUTIVE SUMMARY
Incredible opportunity for owner/users, developers, and investors with premium West Side LA location and direct visibility from one of the nation’s busiest freeways, I-405. Located at the corner of Olympic and Cotner (running parallel and directly adjacent to the freeway), 3 parcels are included with the sale: || PARCEL ONE: 2140 Cotner (APN 4322-025-037) 15,923 SF Office Building with 4 stories (3 floors + mezzanine) of existing build out and 2 levels of subterranean parking with 34 spaces. || PARCEL TWO: 2144 Cotner (APN 4322-025-010) Adjacent lot with small SFR (currently being used as office for business on a short term lease) || PARCEL THREE: 2150 Cotner (APN 4322-025-011) Adjacent open lot: on the CORNER of Olympic, with 128 feet of frontage on Olympic. || The total footprint of all 3 parcels is over 18,000+ SF. Endless opportunities to develop and re-image completely or blend the use of rentable office space and adjacent lots for parking or redevelopment. High profile visibility opens the value for high profile owner/user to brand with signage or investor to sell sign space. So many ideas and possibilities to mention. Bring all buyers and their creativity.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Building Size
16,743 SF
Building Class
B
Year Built
1990
Price
$10,995,000
Price Per SF
$656.69
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
5,581 SF
Building FAR
2.56
Lot Size
0.15 AC
Zoning
M2-1, Los Angeles - Light Manufacturing
Parking
33 Spaces (1.97 Spaces per 1,000 SF Leased)
AMENITIES
- Controlled Access
- Courtyard
- Balcony
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Walk Score®
Walker's Paradise (90)
Bike Score®
Very Bikeable (75)
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $1,631,303 | |
| Land Assessment | $2,500,689 | Total Assessment | $4,131,992 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$2,500,689
Improvements Assessment
$1,631,303
Total Assessment
$4,131,992
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2140-2150 Cotner Ave. (Bldg. + Adj. Lots) | 2140 Cotner Ave
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