2
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$7,999,000
Est. payment /mo
1.32 Acres Lot
Price Dropped by $600K
1901 S Alameda ST Los Angeles, CA 90058
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UPDATED:
12/19/2024 06:38 PM
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 24426649
HOA Y/N No
Year Built 1927
Lot Size 1.322 Acres
Property Description
Update: this is now for 100% of the property. Discover the potential of 1901 S Alameda St, a strategically located property in the heart of Los Angeles. This property offers a unique blend of industrial charm and redevelopment potential, ideal for investors and businesses looking to capitalize on LA's dynamic real estate market. Lot Size: 17,245 square feet, Building Size: 15,375 square feet, Year Built: 1948. Prime Location: Situated in the bustling South Alameda area, this property enjoys proximity to major highways, downtown Los Angeles, and key industrial and commercial hubs. Versatile Use: Zoned M3-1, the property is suited for a wide range of industrial and commercial uses. The heavy manufacturing zoning allows for significant development flexibility. Industrial Character: The existing structure features classic industrial design elements that offer a unique opportunity for adaptive reuse or redevelopment. The spacious lot provides ample room for expansion or modification. Development Potential: With its sizeable lot and flexible zoning, this property is a prime candidate for redevelopment projects, offering investors a chance to transform it into a modern industrial space or commercial venture. Nearby Amenities: The property is well-connected to downtown LA, with easy access to transportation, restaurants, shops, and cultural landmarks. The surrounding area is rapidly evolving, making it a promising investment.
Location
State CA
County Los Angeles
Area C42 - Downtown L.A.
Zoning LAM2
Interior
Fireplace No
Exterior
Total Parking Spaces 45
Building
Story 1
Others
Tax ID 5167013031
Financing Cash
Special Listing Condition Probate Listing
Listed by Bill Gross • eXp Realty of California Inc