Detail

Updated on January 10, 2020 at 11:47 pm

  • Land Area: 34,515 sq ft
  • Property Size: 44,920 sq ft
  • Price: $18,900,000
  • Year Built: 1930

Description

• Rare DTLA opportunity: Take all or part!
• 4-story “Scully Building” built in 1930 consists of a 44,920± sq.ft. structure on 34,515± sq.ft. of total land
• 11,230± sq.ft. on each floor
• 11 parking spaces per floor
• Sale includes rear paved and fenced lot with parking for 44± vehicles plus adjacent 1,479 sq.ft. building
• Assessor’s parcel number 5131-005-007,008,022,023
• 15-16′ ceiling height on all floors
• Zoned LA M2
• Ideal for creative conversion, tech campus, residential, mixed-use
• Located just east of San Pedro Street
• Numerous mixed-use development projects in the immediate area, including SoLA Village, City Market and Alameda Square
• Metro Rail Blue Line runs directly in front of the property
• Adjacent to Fashion District — Close to South Park & Arts Districts
• Located in Opportunity Zone (tax benefits)
• Lease rental: $1.25 per sq.ft. MG
• Entire property also available for sale $18,900,000

Property Documents

  • Marketing Package for 721-735 E Washington Blvd
  • Address: 721-735 E Washington Blvd
  • City: Los Angeles
  • State/county: CA
  • Zip/Postal Code: 90021
  • Neighborhood: Downtown Los Angeles
  • Country: United States

Contact info

Jesse McKenzie
Jesse McKenzie
213.747.4156714.883.6875
Samuel P. Luster
Samuel P. Luster
213.222.1200818.584.4344
Linkedin
Bradley A. Luster
Bradley A. Luster
213.747.4154213.276.2483
Linkedin

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