Detail

Updated on December 22, 2017 at 6:23 pm

  • Land Area: 34,515 sq ft
  • Property Size: 45,000 sq ft
  • Price: $1.45/sq ft
  • Year Built: 1930

Description

* Rare DTLA ground lease opportunity!
* 4-story “Scully Building” built in 1930 consists of an approximate 45,000 sq.ft. structure on 34,515 sq.ft. of total land
* Includes rear paved and fenced lot with parking for approximately 30 vehicles plus adjacent 1,480 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 commercial and residential development projects underway in immediate neighborhood, including SoLA Village, City Market and Alameda Square
* Metro Rail Blue Line runs directly in front of the property
* Adjacent to Fashion District and close to South Park and Arts District
* Term: 34-1/2 years with annual increases and other terms TBD

Property Documents

  • Marketing Package for 721-735 E Washington Bl
  • 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
Bradley A. Luster
Bradley A. Luster
213.747.4154213.276.2483

Inquire about this property

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