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M2 Zoning Industrial/Office 2140 Cotner Ave 15,922 SF Office Building Los Angeles, CA 90025 $7,995,000 ($502.14/SF)



Investment Highlights
- Prime Location
Executive Summary
Incredible opportunity for owner/users, developers, and investors with premium West Side LA location, M2 Zoning, 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). 15,923 SF Office Building with 4 stories (3 floors + mezzanine) of existing build out and 2 levels of subterranean parking with 34 spaces. There is an existing cell tower lease included with significant monthly income and sizable valuation. High profile visibility opens the value for owner/user to brand with signage or investor to sell sign space. 2 adjacent lots may also be considered for sale. 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
15,922 SF
Building Class
B
Year Built
1990
Price
$7,995,000
Price Per SF
$502.14
Tenancy
Multiple
Building Height
4 Stories
Typical Floor Size
3,981 SF
Building FAR
2.35
Lot Size
0.16 AC
Zoning
M2-1, Los Angeles - Light Manufacturing/Office/Industrial
Parking
33 Spaces (2.07 Spaces per 1,000 SF Leased)
Amenities
- Controlled Access
- Courtyard
- Balcony
1 1
Moderately walkable
70/100
Very drivable
80/100
Strong public transit
80/100
Fairly bikeable
50/100
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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M2 Zoning Industrial/Office | 2140 Cotner Ave
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