The subject property is a mixed use 1920's construction, located a half block south of MacArthur Park and across the street from Langer's Deli. The area sits just west of Downtown LA and east of Koreatown. There are five main retail storefronts with an additional five retail tenants inside the ground floor lobby area. Originally built as a hotel, this property has 3 floors of residential units that have access in the rear off of a gatedparking lot. There are a total of 10-11 open parking spaces, all of which are designated to the retail tenants. The property is master metered for all utilities, with the exception of electric for the 4 large retail spaces and gas for two of the retail spaces. There is a separate structure at the northwest portion of the property that contains an approved apartment unit, 2 storage areas and a laundry facility. The property has a new heating system and has recently passed City of LA inspections. Please email listing agent for full package.
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