721-725 E Washington Blvd
EST $ 70,524.40 / Mo |
EST $846,292.80 / Yr |
$1.57 / Sq / Mo |
$18.84 / Sq / Yr |
Property Description
DTLA opportunity zone purchase opportunity. Located in Opportunity Zone (tax benefits). Ideal for creative conversion, tech campus, residential, or mixed-use applications. 4-story “Scully Building” built in 1930 consists of a 44,920± SF structure on 34,515± SF of total land. 11,230± SF on each floor. 15-16' ceiling height on all floors. Sale includes rear paved and fenced lot with parking for 44± vehicles plus adjacent 1,479 SF building. Assessor’s parcel numbers 5131-005-007,008,022,023. Zoned LA M2. Located just east of San Pedro Street. Numerous mixed-use development projects in the immediate area, including SoLA Village, City Market and Alameda Square. Metro Rail Blue Line runs directly in front of the property. Adjacent to Fashion District close to South Park & Arts Districts.
Building Details
Property Type:
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Industrial
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Subtype
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Warehouse
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Tenancy
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