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



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 |
-
|
-
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| Operating Expenses |
-
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-
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| Total Expenses |
$99,999
|
$9.99
|
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
1 1
Walk Score®
Walker's Paradise (93)
Transit Score®
Excellent Transit (76)
PROPERTY TAXES
| Parcel Number | 5155-032-021 | Improvements Assessment | $508,768 (2025) |
| Land Assessment | $362,411 (2025) | Total Assessment | $871,179 (2025) |
PROPERTY TAXES
Parcel Number
5155-032-021
Land Assessment
$362,411 (2025)
Improvements Assessment
$508,768 (2025)
Total Assessment
$871,179 (2025)
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Presented by
Ivy Realty
2502 W 3rd St
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