Contacts
Nicole Mihalka
Jones Lang LaSalle
Property Details
- Property Type Office
- Property Size 12,004 SF
- Lot Size 15,717 Acre
- Additional Rent Contact for pricing
- Parking Spaces Avail. 30
- Parking Ratio 2.50 / 1,000 SF
- Date Updated Sep 2, 2024
Welcome to 1301 W 2nd Street – your creative office island awaits!
This free standing, two-story creative office building is on its own lot, creating an
opportunity for the potential buyer to truly create their own secured compound with
no neighbors on any side of you. The building is located in the trendy HiFi district,
with Echo Park to the north and DTLA/Arts District to the south.
Included in the opportunity is the stunning installation by artist Artur Bordalo, also
known as Bordalo II (Instagram handle @b0rdalo_ii), internationally famous for his
passion for the environment blended with reused materials creating large scale
pieces.
The property is currently occupied by twenty-three (23) existing office tenants
bringing in a total monthly income of $19,700/mo. or $236,400/yr Gross.
Additional income is provided by a long-term cell-tower lease with Verizon,
totaling $2,813.77/mo. or $33,765.24/yr Gross. The longest-term office lease in the
property expires 12/2023 and all other offices leases in the property are month to
month. The total existing income on the property is $270,165.24/yr Gross.
The existing income can provide a potential investor cash flow while making
plans for the future of the property. Additionally, the short-term leases and
income provide an opportunity for a potential owner/user buyer to occupy at
least 51% of the property while concurrently receiving cash flow. *
*Contact Broker for Rent Roll
Want more info on this listing?
Reach out to the broker for more info on lease terms and amenities
Getting around
-
87/100
Walk Score ®
-
92/100
Transit Score ®
-
49/100
Bike Score ®
Location
- City Los Angeles, CA
- Neighborhood Echo Park
- Zip Code 90026
- Market Los Angeles
Points of Interest
-
Grand Avenue Arts/Bunker Hill
0.58 miles
-
Olive Street
0.79 miles
-
Civic Center/Grand Park
0.80 miles
-
7th Street/Metro Center
0.81 miles
-
Civic Center/Grand Park Station
0.84 miles
-
7th Street/Metro Center Station
0.84 miles
-
Hill Street
0.84 miles
-
Pershing Square
0.85 miles
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Historic Broadway
0.92 miles
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Westlake/MacArthur Park
1.07 miles
-
Chevron
0.77 miles
-
Shell
0.84 miles
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Arco
0.86 miles
-
United Oil
1.03 miles
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76
1.20 miles
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Electric Vehicle Charging Station
3.25 miles
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FLO
7.44 miles
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Parking electrique
7.55 miles
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Tesla Supercharger
7.86 miles
-
ChargePoint
8.89 miles
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Promenade Towers Parking Garage
0.35 miles
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Dillingham lot
0.38 miles
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LADWP Employee Parking Only
0.52 miles
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333 South Hope Parking Garage
0.59 miles
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City National Plaza Parking Garage
0.63 miles
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Westin Bonaventure Hotel Parking Garage
0.64 miles
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444 South Flower Parking Garage
0.65 miles
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Music Center Parking
0.66 miles
-
Wells Fargo Center Parking Garage
0.69 miles
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Aramark
8.77 miles
-
Knights Inn
0.44 miles
-
Knights Inn Los Angeles
0.44 miles
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The L.A. Grand Hotel Downtown
0.45 miles
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Westin Bonaventure
0.60 miles
-
Conrad Los Angeles Hotel
0.69 miles
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Central Lake Hotel
0.71 miles
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Omni Los Angeles Hotel
0.74 miles
-
The Standard
0.76 miles
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City Center Motel
0.77 miles
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InterContinental Los Angeles Downtown
0.77 miles
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Grocery Outlet
0.54 miles
-
Bob's Market
0.57 miles
-
Target
0.72 miles
-
Food 4 Less
0.76 miles
-
FIGat7th
0.86 miles
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The Bloc
0.94 miles
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Macy's
0.95 miles
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Smart & Final
0.97 miles
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Los Angeles Jewelry center
1.01 miles
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Whole Foods Market
1.05 miles
In-Depth Research Available for this Property
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.
Contact Listing Broker
Nicole Mihalka
Jones Lang LaSalle
