Detail

Updated on July 22, 2022 at 4:32 pm

  • Land Area: 15,658 sq ft
  • Property Size: 10,350 sq ft
  • Price: $7,900,000
  • Year Built: 1922

Description

• Prime DTLA Toy District commercial purchase opportunity
• 4 retail/wholesale units plus 20± car gated parking lot
• Great for owner/user, investor or developer
• Current $19,200 gross monthly income from 4 tenants
• Ideal development site for low income/affordable housing
• Tier 3 TOC which encourages the construction of affordable housing near bus and train stations with a 70% increase in density/50% increase in FAR
• 150′ frontage on East 4th Street
• Adjacent to Little Tokyo and the DTLA Arts District
• Located in State Enterprise Zone, Greater Downtown Housing Incentive Area, and Redevelopment Project Area
Located in a Designated Qualified Opportunity Zone (tax benefits)
• 306-318 E 4th Street will benefit from the proposed DTLA 2040 Community Plan, which will will allow for long-term upside due to a significant emphasis on community growth and development. The DTLA 2040 Plan will increase jobs, housing, transportation, open space, and amenities, adding 125,000 new residents, 70,000 new housing units, and 55,000 new jobs.
Please do not disturb tenants 

Property Documents

  • Marketing Package for 306-318 E 4th St
  • Address: 306 East 4th St 308 East 4th St 316 East 4th St 318 East 4th St
  • City: Los Angeles
  • State/county: CA
  • Zip/Postal Code: 90013
  • Neighborhood: Downtown Los Angeles
  • Country: United States

Contact info

Anthony S. Behar
Anthony S. Behar
213.747.8426310.880.2329
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Inquire about this property

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