216 Winston Street Los Angeles CA, 90013

Three Store Buildings with Multiple Tenants

216-222 Winston Street

For Sale

Price Not Disclosed

Retail | Downtown Los Angeles

Hard to find Downtown Toy District investment opportunity.

Property Description

Major Price Reduction - Seller Motivated - Submit Offers Very Rare Downtown Los Angeles Investment/Development Opportunity Three Store Buildings with Multiple Tenants: Total SF: 25,039 SF. ( 12,339± SF. 8,400 SF. 4,300± SF.) Current $660,000 Annual Income (Modified Net) Master Lease Expires October 2016 Longer Lease term Possible Located in the Heart of the Toy District Zoned LA R5 Built 1903 and 1919 Additional Property Address 215-223 E. 5TH Street Call Brokers Regarding Existing Tenants and Income Call Brokers for Showing Instructions

Address

216 Winston Street
Los Angeles
CA, 90013

Location

Located Just East of Los Angeles Street

Details


Property Details

Price: Price Not Disclosed
Building Size: 25,039 SF
Property Type: Retail
Property Sub-type: Street Retail
Property Use Type: Investment
Commission Split: 2%
Tenancy: Multiple
Year Built: 1903
Lot Size: 17,859 SF
APN / Parcel ID: 5148-010-011, 025, 026


Very Rare Downtown Los Angeles Investment/Development Opportunity
Located in the Heart of the Toy District
Zoned LA R5
In Downtown Adaptive Reuse Incentive Area
Block-to-Block Property Between Winston St. and 5th St.
Located Just East of Los Angeles Street


Financial Summary

Year 2015
Net Operating Income $660,000


Major Tenants

Tenant SF Occupied Lease Expired
Call Brokers for Details

Contact

Frank
Lahijani

CEO
President

DRE Lic: 01022511

Contact Frank

Frank
Lahijani

213-792-7007

213-221-1292

DRE Lic: 01022511

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