2330 3rd Street # Ph, Los Angeles

$2,990,000

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4 Beds
4 Baths
8,262 Sqft
.27 Acre
0 Garage

We are pleased to present 2330 W 3rd Street, an architectural awardwinningmixed use creative space opportunity in the heart of Westlake, one ofLos Angeles' fastest growing neighborhoods. This rare trophy Mid-Century assetconsists of ten commercial suites and one large 2 bedroom penthouse. This iconic glass, brick, and stucco Mid-Centurybuilding wraps around a beautifully landscaped centralcourtyard. Every creative suite is unique and boastrare features such as floor to ceiling glass windows,open beamed ceilings, their own private bathrooms,and brick wood-burning fireplaces. The 8,262 squarefoot building sits on 11,721 square feet of land zonedLAC2, allowing for a variety of commercial, residential,or mixed uses. With approximately 100 feet of frontagealong 3rd street, 2330 W 3rd Street presents itself asone of the most recognizable architectural buildings inWestlake with excellent visibility, lush palm trees, andconvenient ingress and egress. Westlake, located right outside Downtown'semployment hub, is a bustling neighborhood with arapidly gentrifying demographic. Westlake is adjacentto other notable neighborhoods, including Echo Park,Pico Union, Downtown and Koreatown. The subjectproperty's location is ideal as it is walking distanceto thousands of jobs, transportation options andretail and dining amenities. The demand for apartmentunits continues to increase, seen by the majordevelopments in the area such as the MacArthur ParkMetro Apartments (proposed 665 units), Lake onWilshire (proposed 478 units) and Wilco (152 unitsunder construction) among many others in closeproximity to 229 South Westlake Avenue.

Essential Information

MLS® #
24349269
Price
$2,990,000
Bedrooms
4
Bathrooms
4.00
Square Footage
8,262
Acres
0.27
Year Built
1951
Type
Residential Income
Status
Active

Community Information

Address
2330 3rd Street # Ph
Area
C42 - Downtown L.A.
City
Los Angeles
County
Los Angeles
Zip Code
90057
Senior Community
N

Amenities

Parking Spaces
9

Interior

# of Stories
2
Stories
Two

Additional Information

Date Listed
January 18th, 2024
Days on Market
106
Zoning
LAC2

Listing Details

Agent
Filip Niculete
Office
Marcus & Millichap

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Based on information from California Regional Multiple Listing Service, Inc. as of May 3rd, 2024 at 6:35am PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.