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



Investment Highlights
- Prime Location
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.
Data Room Click Here to Access
- Offering Memorandum
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
Vacant
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
5,581 SF
Building FAR
0.91
Lot Size
0.42 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 (80)
Property Taxes
| Parcel Numbers | Improvements Assessment | $1,631,303 | |
| Land Assessment | $3,756,740 | Total Assessment | $5,388,043 |
Property Taxes
Parcel Numbers
Land Assessment
$3,756,740
Improvements Assessment
$1,631,303
Total Assessment
$5,388,043
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2140-2150 Cotner Ave. (Bldg. + Adj. Lots) | 2140 Cotner Ave
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