$3,600,000
$3,897,000
7.6%For more information regarding the value of a property, please contact us for a free consultation.
9,295 Sqft Lot
SOLD DATE : 06/20/2025
Key Details
Sold Price $3,600,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 25496733
Sold Date 06/20/25
HOA Y/N No
Year Built 1927
Lot Size 9,295 Sqft
Property Description
Welcome to 1359 Hope St, an exceptional investment opportunity located in the vibrant heart of Los Angeles. This industrial Live/Work building , making it a valuable addition to any real estate portfolio.Situated just a stone's throw from the renowned Crypto Arena, this property provides unparalleled convenience and access to a lively, forward-thinking community. The surrounding neighborhood thrives with energy, drawing a diverse blend of residents, entrepreneurs, and innovators. Currently home to a successful Jean Manufacturing Business, the building's unique R5 zoning allows for a versatile range of uses. Office space has been converted into a Residential Unit. Completely gated, rear entry gates for loading/unloading. Whether you're looking to establish a creative workspace, an artist's studio, a tech startup, or a cutting-edge retail space, this property is designed to fit your vision.This property offers tremendous possibilities for growth and success!
Location
State CA
County Los Angeles
Area C42 - Downtown L.A.
Zoning LAR5
Interior
Fireplace No
Exterior
Total Parking Spaces 10
Building
Story 1
Others
Tax ID 5134012020
Security Features Carbon Monoxide Detector(s),Firewall(s),Security Gate
Special Listing Condition Short Sale
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Bought with Oliver Ghadoushi • Compass
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "