Map pin1718 Vine St, Los Angeles, CA, 90028, US

1718 Vine St.

1718 Vine St._Property for Sale

Attributes

Asking price
€5,319,000
Building area net
44,155,250 m²
Number of floors
2 floors
Land area gross
0.11 ha
Occupancy
100%
Year built
1941
Year renovated
2010
Zoning
C4-4

Asset Description

Jones Lang LaSalle as exclusive advisor is pleased to present theopportunity to acquire the fee simple interest in 1718 Vine Street, Los Angeles, CA 90028 (the Property or Offering). The Propertyconsists of 10,911 square feet of premiere retail space adjacent to the world-famous Capitol Records building and situated within the most popular entertainment corridor in Los Angeles. The Property features 80 feet of frontage along Vine Street (27,563 VPD) and is visible to pedestrians traversing Hollywood Boulevard (38,414 VPD). Current ownership has been contacted by multiple parties interested in signage/billboard opportunities via the exterior of the property, presenting an additional revenue source to Investors. Previously used as a restaurant, the Property features a working kitchen, ample power, and a beautiful outdoor courtyard. The Property can be offered occupied or vacant presenting investors or owner-users with generational entertainment space as a blank canvas. The Offering can also act as a covered land play to investors looking to redevelop the Property via its advantageous zoning designation. Zoning information to follow on pages 10-11.

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Investment Highlights

  • Generational Entertainment Space
  • Trophy Location
  • Popular Retail Corridor
  • Dense and Affluent Trade Area
1718 Vine St. 4_Property for Sale
1718 Vine St. 4_Property for Sale
1718 Vine St. (0 Properties)

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Last updated
22 May 2024