Descriptionof 123 W Ann Street W, Los Angeles, CA 90012
Subject property's Zoning is Urban Innovation (LAUI). Cornfield Arroyo Seco Specific Plan; live/work;walk to 32 acres State Historic Park; Near by new mega developments with 700 unit condos are under construction now. Buyer should perform the due diligence for the future use and be satisfied on the result of investigation.
Subject building is at a moving it will be vacant soon, newer cement block walls; 17-21 ft clearance, 3 auto dock highs with 5 positions. 2 newer cooler for total about 2000 SF.2 Dried food packaging rooms having about 3,950 SF;updated 7 rooms for about 3950+ SF office space; 2 men's bath and 2 women's bath; Subject's ceiling are fully foil insulated with sky lights, its roof top having green energy solar installation. Power panels having 120/240V, 3 ph,4 W, 600 AMP, 800 volt. Those facilities are newer and well maintained and in operational condition. The building could be reused for various food packaging, pharmaceutical, food supplement and the other business. A lot of potentials for both future new developments and/or industry, cash carry,food distributor,warehousing uses. click on Supplement for floor plan drawing. The same street block at the corner of Ann + Main, refer to 1401 N. Main St. for sale $3.3 M, listing #WS19185588. 2 parcels selling together at total $17.3 M. Or sell at separately. Subject for seller's 1031 tax deferral exchange at no cost to buyer, buyer should cooperative on escrow closing time. Seller choice for services.
Property Featuresof 123 W Ann Street W, Los Angeles, CA 90012
TYPE Mixed Use
Year Built 1978
Community CHNA - Chinatown
Parking spaces: 14.00
Lot acreage is: 0.9867
Lot dimension is: irre.
Lot zoned: LAUI
Units in building(s): 1
Total square feet: 42980.00
Courtesy of: IRN REALTY, PETER LO
Homes for Sale Nearby123 W Ann Street W, Los Angeles, CA 90012
Recent Sales Nearby123 W Ann Street W, Los Angeles, CA 90012