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2502 W 3rd St 3,540 SF Office Building Los Angeles, CA 90057 $1,850,000 ($522.60/SF)

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INVESTMENT HIGHLIGHTS

  • Ideal for Medical purpose, clinic
  • Corner lot with a traffic light
  • Extra 1500 sf basement space

EXECUTIVE SUMMARY

Rare opportunity to own great value of commercial property. Ideal for Medical office, clinic, retail shop, Architect office, office use. Property is zoned C2. Excellent opportunity to develop, invest this parcel or run the business in a desired and bustling area of 3rd St., right off Alvarado Blvd. Total building area is approx. 3,540 sqft and Lot size is approx. 6496 sqft (approx.1500 sf of basement with 9 FT high ceiling which is not included in total sqft).Updated & Well maintained, Central A/C. Within a block from St. Vincent Medical Center. 2 UNITS in the building with 7 parking spaces. Corner lot with a traffic light. The property will be delivered vacant. ***EXCELLENT FLOW OF TRAFFIC AREA & EXTEA APPROX.1500SF BASEMENT SPACE

DATA ROOM Click Here to Access

TAXES & OPERATING EXPENSES (ACTUAL - 2024) Click Here to Access

ANNUAL ANNUAL PER SF
Taxes - -
Operating Expenses - -

TAXES & OPERATING EXPENSES (ACTUAL - 2024) Click Here to Access

Taxes
Annual -
Annual Per SF -
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $99,999
Annual Per SF $9.99

PROPERTY FACTS

Sale Type
Owner User
Sale Condition
Build to Suit
Property Type
Office
Property Subtype
Medical
Building Size
3,540 SF
Building Class
C
Year Built/Renovated
1947/2004
Price
$1,850,000
Price Per SF
$522.60
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
3,540 SF
Building FAR
0.54
Lot Size
0.15 AC
Zoning
C2, Los Angeles - C2-1 Zoning
Parking
7 Spaces (1.98 Spaces per 1,000 SF Leased)

AMENITIES

  • Air Conditioning
Walk Score®
Walker's Paradise (93)
Transit Score®
Excellent Transit (76)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
5155-032-021
Land Assessment
$362,411 (2025)
Improvements Assessment
$508,768 (2025)
Total Assessment
$871,179 (2025)
  • Listing ID: 31005657

  • Date on Market: 2/20/2024

  • Last Updated:

  • Address: 2502 W 3rd St, Los Angeles, CA 90057

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