Listing provided courtesy of Rasmus Ray Lee of Premier Real Estate Broker, Inc.. Last updated 2024-09-19 08:19:08.000000. Listing information © 2024 CLAW.
Asking Price: $5,000
1100 HOPE, Los Angeles CA 90015
Community: C42 - Downtown L.A.
This Condominium property was built in 2007 and is priced at $5,000. Please see the additional details below.
US Supreme Court just ruled that cities can ban homeless encampments... good news for doing business and investing in DTLA.! Spectacular ground floor commercial zoned (live/work) 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 dollars are going into DTLA development projects, incl. newly paved streets, and exciting new construction, in preparation for the 2028 Summer Olympics in Los Angeles. AGENTS SEE PRIVATE AND SHOWING REMARKS!
