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- LoopNet Team
318-320 W 9th St
Los Angeles, CA 90015
Insurance Exchange Building · Office Property For Sale
INVESTMENT HIGHLIGHTS
- Rare adaptive reuse redevelopment opportunity in Downtown Los Angeles located on the corner of 9th and Olive.
- 12-story building (plus basement) with favorable floorplates.
- Located at the edge of the South Park District of Los Angeles and centrally located to all of DTLA.
- All tenants on month-to month leases, and property can be delivered vacant at close of escrow.
- Impressive 1920's construction built by architects Curlett & Beelman.
- Walking distance to LA Live and the Staples Center, as well as to a multitude of retail, dining, night life, and entertainment venues.
PROPERTY FACTS
AMENITIES
- 24 Hour Access
- Property Manager on Site
ABOUT 318-320 W 9TH ST , LOS ANGELES, CA 90015
KW Commercial and Anvers Capital Partners, as exclusive advisors are proud to present for sale “The Insurance Exchange Building”, a 12-story (plus basement) adaptive reuse opportunity located in central Downtown Los Angeles. Built in 1924 by father and son architects Curlett & Beelman, the property consists of ±124,374 SqFt, sitting on a lot approximately 13,241 SqFt in size. The property consists of 12 stories, with ground level retail and a massive basement area. The property is currently leased to a multitude of tenants mostly in the garment industry, with all tenants occupying the property under month to month tenancies. Located on the corner of 9th and Olive, the property is situated in the heart of Downtown Los Angeles between the Financial and South Park Districts. The property is walking distance to a wide array of restaurants, bars, and shopping destinations including LA Live.
PROPERTY TAXES
| Parcel Number | 5139-004-025 | Improvements Assessment | $4,815,348 |
| Land Assessment | $2,194,127 | Total Assessment | $7,009,475 |
PROPERTY TAXES
