17,361 sq.ft. corner property near downtown los angeles€¦ · commercial industrial residential...

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PRIME DEVELOPMENT SITE 17,361 Sq.Ft. Corner Property Near Downtown Los Angeles 2200-2208-2212 S UNION AVENUE, LOS ANGELES, CA 90007 1200 W Olympic Blvd Los Angeles, CA 90015 www.majorproperties.com Commercial • Industrial • Residential REAL ESTATE 2200-2212 Union Ave Jesse McKenzie 213.747.4156 [email protected] BRE #01939062 Bradley A Luster 213.747.4154 [email protected] BRE #01913803

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Page 1: 17,361 Sq.Ft. Corner Property Near Downtown Los Angeles€¦ · Commercial Industrial Residential REAL ESTATE 2200-2212 Union Ave Jesse Mcenzie 213.747.4156 jesse@majorproperties.com

PRIME DEVELOPMENT SITE17,361 Sq.Ft. Corner Property Near Downtown Los Angeles

2200-2208-2212 S UNION AVENUE, LOS ANGELES, CA 90007

1200 W Olympic BlvdLos Angeles, CA 90015www.majorproperties.com Commercial • Industrial • Residential

REAL ESTATE

2200-2212Union Ave

Jesse McKenzie [email protected] #01939062

Bradley A [email protected] #01913803

Page 2: 17,361 Sq.Ft. Corner Property Near Downtown Los Angeles€¦ · Commercial Industrial Residential REAL ESTATE 2200-2212 Union Ave Jesse Mcenzie 213.747.4156 jesse@majorproperties.com

1200 W Olympic BlvdLos Angeles, CA 90015www.majorproperties.com Commercial • Industrial • Residential

REAL ESTATE

2200-2212Union Ave

Jesse McKenzie [email protected] #01939062

Bradley A [email protected] #01913803

Aerial Photo

Page 3: 17,361 Sq.Ft. Corner Property Near Downtown Los Angeles€¦ · Commercial Industrial Residential REAL ESTATE 2200-2212 Union Ave Jesse Mcenzie 213.747.4156 jesse@majorproperties.com

1200 W Olympic BlvdLos Angeles, CA 90015www.majorproperties.com Commercial • Industrial • Residential

REAL ESTATE

2200-2212Union Ave

Jesse McKenzie [email protected] #01939062

Bradley A [email protected] #01913803

Area Map

Page 4: 17,361 Sq.Ft. Corner Property Near Downtown Los Angeles€¦ · Commercial Industrial Residential REAL ESTATE 2200-2212 Union Ave Jesse Mcenzie 213.747.4156 jesse@majorproperties.com

1200 W Olympic BlvdLos Angeles, CA 90015www.majorproperties.com Commercial • Industrial • Residential

REAL ESTATE

2200-2212Union Ave

Jesse McKenzie [email protected] #01939062

Bradley A [email protected] #01913803

PROPERTY OVERVIEW

The subject property consists of three adjacent paved and fenced parcels totaling 17,361 sq.ft.

of land. Currently there are two structures on the site, a 1,080 sq.ft. single family residence and a

2,460 sq.ft. restaurant building.

The subject property offers a prime location as it is located at the corner of Union Avenue and

22nd Street, just one block east of Hoover Street. Alliance Gertz-Ressler High School is located

one block to the north, as is the Santa Monica (I-10) Freeway.

Additionally, the subject is close to many national, regional and local retailers and restaurants,

including Papa John's Pizza, Lash Lounge, Arco, Pep Boys, Auto Zone, CVS, McDonald's, Lucys

Restaurant and Hoover Ranch Market.

The subject also offers easy access to the USC campus and Downtown Los Angeles. The Los

Angeles Convention Center, Staples Center and LA Live are all situated within one mile to the

northeast.

Situated in a rapidly developing neighborhood, 2200-2208-2212 S Union Avenue is a highly

desirable asset for an owner/user, investor or developer.

Asking Sale Price: $3,777,000 ($217.56 Per Sq.Ft. Land)

PRIME DEVELOPMENT SITE17,361 Sq.Ft. Corner Property Near Downtown Los Angeles

2200-2208-2212 S UNION AVENUE, LOS ANGELES, CA 90007

Page 5: 17,361 Sq.Ft. Corner Property Near Downtown Los Angeles€¦ · Commercial Industrial Residential REAL ESTATE 2200-2212 Union Ave Jesse Mcenzie 213.747.4156 jesse@majorproperties.com

1200 W Olympic BlvdLos Angeles, CA 90015www.majorproperties.com Commercial • Industrial • Residential

REAL ESTATE

2200-2212Union Ave

Jesse McKenzie [email protected] #01939062

Bradley A [email protected] #01913803

PROPERTY DETAILS

Excellent Visibility and Exposure

• Total Building Area: 3,540± Sq.Ft.

Single Family Residence: 1,080± Sq.Ft. Year Built: 1928/1958

Restaurant Building: 2,460± Sq.Ft. Year Built: 1910/1960

• Land Area: 17,361± Sq.Ft.

• Zone: LA C2-1-O-HPOZ

• Assessor’s Parcel #: 5124-006-025,026,027

• Frontage: 158.6' on Union Ave & 115' on 22nd St

• Traffic Count: 5,071 Vehicles Per Day (2011)

• Neighborhood: University Park

• Council District: CD1 / Gilbert Cedillo

• Los Angeles State Enterprise Zone: Yes

2200-2208-2212 S UNION AVENUE

Located at the Southeast Corner of 22nd Street

• Development potential

• FAR = 1.5 : 1

• 0.4 acres of land

• One block east of Hoover Street

• One block south of Santa Monica (I-10) Freeway

• 3/4 mile north of USC campus

• 3/4 mile west of Los Angeles Convention Center

• One mile from Staples Center and LA Live

• Easy access to and from Downtown Los Angeles

• Ideal For Owner/User, Investor or Developer

Offering Details

Page 6: 17,361 Sq.Ft. Corner Property Near Downtown Los Angeles€¦ · Commercial Industrial Residential REAL ESTATE 2200-2212 Union Ave Jesse Mcenzie 213.747.4156 jesse@majorproperties.com

1200 W Olympic BlvdLos Angeles, CA 90015www.majorproperties.com Commercial • Industrial • Residential

REAL ESTATE

2200-2212Union Ave

Jesse McKenzie [email protected] #01939062

Bradley A [email protected] #01913803

• Opportunity to Purchase a Prime Los Angeles Commercial Property

• Ideal for Development

• Easy Access to all Downtown Los Angeles Freeways

• Close to USC, Convention Center, Staples Center and LA Live

• Numerous Housing, Schools, Businesses & Retailers in Immediate Area

• Rapidly Developing Neighborhood

• Tremendous Upside Potential

Offering Highlights

Page 7: 17,361 Sq.Ft. Corner Property Near Downtown Los Angeles€¦ · Commercial Industrial Residential REAL ESTATE 2200-2212 Union Ave Jesse Mcenzie 213.747.4156 jesse@majorproperties.com

Subject Photo

1200 W Olympic BlvdLos Angeles, CA 90015www.majorproperties.com Commercial • Industrial • Residential

REAL ESTATE

2200-2212Union Ave

Jesse McKenzie [email protected] #01939062

Page 8: 17,361 Sq.Ft. Corner Property Near Downtown Los Angeles€¦ · Commercial Industrial Residential REAL ESTATE 2200-2212 Union Ave Jesse Mcenzie 213.747.4156 jesse@majorproperties.com

1200 W Olympic BlvdLos Angeles, CA 90015www.majorproperties.com Commercial • Industrial • Residential

REAL ESTATE

2200-2212Union Ave

Jesse McKenzie [email protected] #01939062

Bradley A [email protected] #01913803

Subject Photos

Page 9: 17,361 Sq.Ft. Corner Property Near Downtown Los Angeles€¦ · Commercial Industrial Residential REAL ESTATE 2200-2212 Union Ave Jesse Mcenzie 213.747.4156 jesse@majorproperties.com

1200 W Olympic BlvdLos Angeles, CA 90015www.majorproperties.com Commercial • Industrial • Residential

REAL ESTATE

2200-2212Union Ave

Jesse McKenzie [email protected] #01939062

Bradley A [email protected] #01913803

Subject Plat Map

Page 10: 17,361 Sq.Ft. Corner Property Near Downtown Los Angeles€¦ · Commercial Industrial Residential REAL ESTATE 2200-2212 Union Ave Jesse Mcenzie 213.747.4156 jesse@majorproperties.com

1200 W Olympic BlvdLos Angeles, CA 90015www.majorproperties.com Commercial • Industrial • Residential

REAL ESTATE

2200-2212Union Ave

Jesse McKenzie [email protected] #01939062

Bradley A [email protected] #01913803

Nearby Restaurants

Page 11: 17,361 Sq.Ft. Corner Property Near Downtown Los Angeles€¦ · Commercial Industrial Residential REAL ESTATE 2200-2212 Union Ave Jesse Mcenzie 213.747.4156 jesse@majorproperties.com

1200 W Olympic BlvdLos Angeles, CA 90015www.majorproperties.com Commercial • Industrial • Residential

REAL ESTATE

2200-2212Union Ave

Jesse McKenzie [email protected] #01939062

Bradley A [email protected] #01913803

Nearby Retail Stores

Page 12: 17,361 Sq.Ft. Corner Property Near Downtown Los Angeles€¦ · Commercial Industrial Residential REAL ESTATE 2200-2212 Union Ave Jesse Mcenzie 213.747.4156 jesse@majorproperties.com

1200 W Olympic BlvdLos Angeles, CA 90015www.majorproperties.com Commercial • Industrial • Residential

REAL ESTATE

2200-2212Union Ave

Jesse McKenzie [email protected] #01939062

Bradley A [email protected] #01913803

Neighborhood Demographics