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2330 W 3rd St 8,262 SF 100% Leased Office Building Los Angeles, CA 90057 For Sale
INVESTMENT HIGHLIGHTS
- Owner-user or investment opportunity with flexible occupancy
- Central courtyard and 8 dedicated parking spaces
- Surrounded by high-income, high-density demographics
- Multiple tenants on MTM leases with below-market rents
- Minutes from Downtown LA, Koreatown, and Echo Park
EXECUTIVE SUMMARY
Positioned in the heart of Los Angeles, 2330 W 3rd Street presents a rare owner-user or investment opportunity with flexible occupancy options. This 8,262 SF two-story building offers a blend of character and functionality, ideal for creative offices, boutique firms, or wellness professionals. With multiple tenants on month-to-month leases and below-market rents, the property provides immediate income and upside potential through repositioning or lease restructuring.
The building features a central courtyard, 8 on-site parking spaces, and a tranquil atmosphere that contrasts with its urban surroundings. Located minutes from Downtown LA, Koreatown, and Echo Park, the site benefits from proximity to major freeways (I-10, I-110, I-405), Metro rail lines (Red, Purple, Expo), and cultural landmarks like Dodger Stadium and L.A. Live. The surrounding area boasts a population of over 1.1 million within five miles and average household incomes exceeding $83,000, supporting a vibrant commercial ecosystem.
With three vacant suites including a 1,550 SF penthouse, the property is well-suited for partial or full owner occupancy. The building’s expenses are modest, and its layout supports a variety of uses. This is a compelling opportunity for investors seeking value-add potential or businesses looking to establish a presence in one of LA’s most dynamic corridors.
The building features a central courtyard, 8 on-site parking spaces, and a tranquil atmosphere that contrasts with its urban surroundings. Located minutes from Downtown LA, Koreatown, and Echo Park, the site benefits from proximity to major freeways (I-10, I-110, I-405), Metro rail lines (Red, Purple, Expo), and cultural landmarks like Dodger Stadium and L.A. Live. The surrounding area boasts a population of over 1.1 million within five miles and average household incomes exceeding $83,000, supporting a vibrant commercial ecosystem.
With three vacant suites including a 1,550 SF penthouse, the property is well-suited for partial or full owner occupancy. The building’s expenses are modest, and its layout supports a variety of uses. This is a compelling opportunity for investors seeking value-add potential or businesses looking to establish a presence in one of LA’s most dynamic corridors.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Building Size
8,262 SF
Building Class
C
Year Built
1951
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
4,131 SF
Slab To Slab
10’
Building FAR
0.70
Lot Size
0.27 AC
Zoning
C2
Parking
8 Spaces (0.97 Spaces per 1,000 SF Leased)
AMENITIES
- 24 Hour Access
- Bus Line
- Courtyard
Walk Score®
Walker's Paradise (92)
Transit Score®
Excellent Transit (75)
PROPERTY TAXES
| Parcel Number | 5154-035-015 | Improvements Assessment | $530,604 |
| Land Assessment | $2,599,959 | Total Assessment | $3,130,563 |
PROPERTY TAXES
Parcel Number
5154-035-015
Land Assessment
$2,599,959
Improvements Assessment
$530,604
Total Assessment
$3,130,563
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