| Property Use Type: | Investment |
| Type: | Office
Office Building |
| Building Size: | 13,866 SF |
| Lot Size: | 27,008 SF |
| Price: | $3,700,000 |
| Price/SF: | $266.84 |
| Cap Rate: | 6.00% |
| Year Built: | 1954 |
Property Description:
Beverly Union Lofts is an inventive collection of stylish live work lofts in Los Angeles close to downtown and Silver Lake. Originally a television studio, the property' s mid-century modern architecture is coupled with trendy modern decor. The pairing is immediately intriguing and aptly flexible.
Two distinct loft buildings accommodate a variety of styles ranging from contemporary rustic to industrial chic. The front building boasts restored hardwood floors, open beam ceilings and oversized windows for maximum natural lighting. The back building features concrete flooring lit by skylight, and spacious loft interiors set for personal customization. All loft units include new kitchens, soaring ceilings, central air and a beautifully landscaped shared courtyard oasis.
| Multi-tenant or owner-user. | • | Potential future redevelopment of corner parking lot comprising of approximately 9,000 square feet. |
| |
| • | Lush green courtyard centered around a collective fireplace. |
| Net Operating Income: | $222,000 |
Major Tenant Information
No Debt & Equity Information Provided
No comments:
Post a Comment