Property Detail

Description

Welcome to 1359 Hope St, an exceptional investment opportunity located in the vibrant heart of Los Angeles. This industrial Live/Work building offers a 6% capitalization rate, 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. 2 bedroom, 3 bathrooms. 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!