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758-768 S Los Angeles St
Los Angeles, CA 90014
Retail Property For Sale
Investment Highlights
- Perfect owner-user or repositioning opportunity
- Pro forma cap rate: 7.25%
- Prime DTLA location surrounded by new development
- Located in a Federal Qualified Opportunity Zone
- Signalized corner at 8th Street and Los Angeles
Property Facts
Property Type
Retail
Property Subtype
Building Size
16,395 SF
Building Class
C
Year Built
1919
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.51
Lot Size
0.25 AC
Zoning
M2-2D
Frontage
Amenities
- 24 Hour Access
- Corner Lot
- Mezzanine
- Signage
About 758-768 S LOS ANGELES ST , LOS ANGELES, CA 90014
Kennedy Wilson is pleased to present the opportunity to acquire the fee simple interest in 758-772 S. Los Angeles Street, a 17,096-square-foot commercial building located in the Traditional Core of Downtown Los Angeles. This multi-generational asset is situated on a prime corner, just two blocks east of the rejuvenated Broadway Theater District and Apple’s LA flagship store at the historic Tower Theater. The multi-tenant commercial building features ample second story space which is currently being used as storage by tenants but is ideal for conversion into showroom or office space. This is an exceptional investment opportunity with significant upside, surrounded by several major development projects already underway.
Property Taxes
| Parcel Number | 5145-003-001 | Improvements Assessment | $3,041,633 |
| Land Assessment | $2,641,133 | Total Assessment | $5,682,766 |
Property Taxes
Parcel Number
5145-003-001
Land Assessment
$2,641,133
Improvements Assessment
$3,041,633
Total Assessment
$5,682,766
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