Welcome to 1359 Hope St - an exceptional investment opportunity in the vibrant heart of Los Angeles. This industrial Live/Work building presents a remarkable 6% capitalization rate, making it a solid addition to your portfolio.
Property Highlights:
• Address: 1359 Hope St, Los Angeles
• Cap Rate: 6%
• Bedrooms: 2
• Bathrooms: 3
Not too far from the renowned Crypto Arena, this property offers unparalleled convenience and access to the pulse of modern innovation. The surrounding area is alive with energy, attracting a dynamic mix of residents, entrepreneurs, and forward-thinkers.
Currently housing a successful Jean Manufacturing Business, this building is uniquely zoned R5, providing a diverse array of permitted uses. Whether you envision a creative workspace, an artist's studio, a tech hub, or a trendsetting retail establishment, this property is poised to accommodate your vision.
Key Features:
• Spacious 2-bedroom, 3-bathroom layout
• Prime industrial Live/Work space
• Proximity to Crypto Arena - an emerging epicenter of technology and innovation
• R5 zoning for a wide spectrum of potential uses
Unlock the potential of 1359 Hope St and seize the opportunity to capitalize on the thriving ecosystem of Los Angeles. This property encapsulates the essence of urban living, blending innovation and versatility in an unbeatable location.
- Listing Status: Active
- Listing Agent: Gay-lynn Barnes
(lic# 01433767)
of Downey
- Listing Office: eXp Realty of California Inc.
(lic# 01878277)
-
Based on information from CRISNet MLS as of 3rd May 2024 at 1:35pm. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
