1359 S Hope Street
Los Angeles, CA 90015
Active for $3,999,999
Beds: N/A Baths: Structure Size: N/A sqft Lot Size: 9,294 sqft
| MLS | 24435943 |
| Year Built | 1927 |
| Property Type | |
| County | Los Angeles |
| Status | Active |
| Active | $3,999,999 |
| Structure Size | N/A sqft |
| Lot Size | 9,294 sqft |
| Beds | N/A |
| Baths |
Description
Welcome to 1359 Hope St, an exceptional investment opportunity located in the vibrant heart of Los Angeles. This industrial Live/Work building offers a 6% capitalization rate, making it a valuable addition to any real estate portfolio.Situated just a stone's throw from the renowned Crypto Arena, this property provides unparalleled convenience and access to a lively, forward-thinking community. The surrounding neighborhood thrives with energy, drawing a diverse blend of residents, entrepreneurs, and innovators. Currently home to a successful Jean Manufacturing Business, the building's unique R5 zoning allows for a versatile range of uses. Office space has been converted into a Residential Unit. 2 bedroom, 3 bathrooms. Completely gated, rear entry gates for loading/unloading. Whether you're looking to establish a creative workspace, an artist's studio, a tech startup, or a cutting-edge retail space, this property is designed to fit your vision.This property offers tremendous possibilities for growth and success!
Listing information courtesy of: Carlos Villegas, eXp Realty of California Inc . *Based on information from the Association of REALTORS/Multiple Listing as of 10/25/2024 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Location
Contact a Local Realtor®
Humberto Castaneda
REALTOR®
Direct: 818.805.6849
Email: Email Me
DRE: 02182269
DRE #01873088
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