• Listed By: Rasmus Ray Lee, Premier Real Estate Broker, Inc., DRE #01490488
  • Source: CRMLS

Spectacular ground floor live-work/commercial zoned space in the Luma... A-rated condominium building in South Park, the most trendy and vibrant neighborhood in Downtown Los Angeles. Space is currently a kitchen remodel showroom. Property is zoned for "live/work" and can be used as office space, showroom, etc. Luma is a green building, LEED-certified Gold (benefits incl. low electricity costs). Available for immediate move-in. Other businesses in the building include a Med-spa, real estate office, European bakery/cafe, bar/restaurant/lounge. Strip mall across the street with coffee shop/cafe, and soon-to-come formal dining restaurant. Parking is not available in the building but is available in the parking structure across the street at approx. $150 per space/month (market). Property is currently zoned for "live/work", not for "cash &carry" use, but the owner will consider having zoning change or addition to retail "cash & carry" use, at the tenant's own expense. Billions of $ are going into DTLA development projects, incl. newly paved streets and exciting new construction, in prep for the 2024 Copa America, 2025 Club World Cup, 2026 FIFA Men's World Cup, 2027 FIFA Women's World Cup, & 2028 Summer Olympics!

Property Type :

Other

BEDS / BATHS :

-- / --

PRICE :

$5,000

YEAR BUILT :

2007

LIVING AREA SIZE :

1,650

County :

Los Angeles

Property Details

 

Bedroom Information

Total Bedrooms : 0

Bathroom Information

Total Baths: 1

Full Baths: 0

Half Baths: 1

Water/Sewer

Water Source : Public

Sewer : Sewer Tap Paid

Interior Features

Interior Features: High Ceilings,Open Floorplan,Recessed Lighting,Suspended Ceiling(s),Track Lighting,Unfinished Walls,Walk-In Closet(s)

Windows: Double Pane Windows

Property Appliances: Vented Exhaust Fan

Fireplace: None

Furnished Description: Unfurnished

Cooling Features

Central Air

Air Conditioning

Heating Source

Central

Has Heating

Fireplace

Fireplace Features: None

Has Fireplace: 0

Building Information

Year Built: 2007

Building Area Total: 1,650

Construction: Glass,Metal Siding,Concrete

Foundation

Concrete Perimeter,Quake Bracing,Slab

Security Features

Fire Detection System,Fire Sprinkler System,Security Gate,Gated with Guard,Gated Community,24 Hour Security,Key Card Entry,Smoke Detector(s),Security Guard

Accessibility Features

Customized Wheelchair Accessible,Accessible Doors

Pool Features

None

Laundry Features

None

Lot Details

Lot Dimensions Source: Vendor Enhanced

Lot Size Acres: 0.9459

Lot Size Source: Assessor

Lot Size Square Feet: 41205

Listing Price Information

Original List Price: 5,000

Listing Contract Date: 2024-04-29

Lease Information

Listing Agreement: Exclusive Right To Lease

Tax Information

Parcel Number: 5139005022

Garage and Parking

Garage Description: None

Homeowners Association

Pets Allowed: Call

Association Amenities: Controlled Access,Security

Rental Info

Lease Term: Negotiable

Tenant Pays: Electricity,Insurance

Security Deposit: 5000

Other Property Info

Source Listing Status: Active

Source Neighborhood: C42 - Downtown L.A.

Availability Date: 2024-05-01

Postal Code Plus 4: 2181

Directions: Just south of the corner of 11th and Hope, a few blocks East of the Staples Ctr., LA Live, soon-to-come Oceanwide Plaza, and the RitzCarlton.

Zoning: LAR5

Source Property Type: Residential Lease

Area: C42 - Downtown L.A.

Property SubType: Condominium

Building and Construction

Property Age: 17

Structure Type: Condominium

Year Built Source: Vendor Enhanced

Total Square Feet Living: 1650

Entry Level: 1

Entry Location: Elevator

Levels or Stories: One

Building Total Stories: 1

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ByOwner last updated this listing 05/18/2024 @ 23:50

MLS: 24385855
LISTED BY: Rasmus Ray Lee, Premier Real Estate Broker, Inc.
SOURCE: CRMLS
Buyer Agency Compensation: 2.5%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.

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