1329 S HOPE Street, Los Angeles CA, 90015

Sold

1329 S HOPE Street

Los Angeles CA, 90015

$4,400,000

$247.89 per sqft

Sold

17,750 sqft

Commercial

Built in 1928

Listed by Rasmus Ray Lee with Premier Real Estate Broker, Inc. 213-995-5055

PRE Commercial Broker is pleased to present this rare opportunity in the South Park District of Downtown Los Angeles. Once used as a members only lodge by the Independent Order of Foresters in the early 1900's, the building offers a 17,750 SF space with high ceilings, functional utilities and has the potential for redevelopment or new construction. The South Hope building is located just a few minutes away from the Staples Center, L.A. Live, Nokia Center, The Garment and Financial Districts. Nearby redevelopment sites will bring an additional 588 residential condo units and over 730 rental units to this specific part of the district. With a walk score of 92 and a transit score of 100, this building is in a prime location for any future development or conversion or for a business looking to relocate to DTLA. Current owners have an arrangement for parking in a nearby lot... for buyers this would be subject to new arrangements with the parking lot owners/managers.

21724604

MLSⓇ ID

March 18, 2024

Updated

Map

1329 S HOPE Street
Los Angeles CA, 90015

Interior Features

Fireplace: No
Cooling: No
Heating: No

Exterior/Building Features

Lot Size: 0.18 Acres

Other Property Details

Area Name: C42 - Downtown L.A.
Days on Market: 375
Garage: No
Parking Total: 0
View: No
County: Los Angeles
Pool: No
Zoning: LAR5

Listing Contact: 213-995-5055

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 3/18/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

Data last updated on 3/18/2024 at 6:26 PM UTC