Active
1359 S Hope Street
Los Angeles CA, 90015
$4,900,000
$710.14 per sqft
Active
6,900 sqft
Commercial
Listed by Gay-lynn Barnes with eXp Realty of California Inc. 562-858-7065
Welcome to 1359 Hope St - an exceptional investment opportunity in the vibrant heart of Los Angeles. This industrial Live/Work building presents a remarkable 6% capitalization rate, making it a solid addition to your portfolio.
Property Highlights:
* Address: 1359 Hope St, Los Angeles
* Cap Rate: 6%
* Bedrooms: 2
* Bathrooms: 3
Not too far from the renowned Crypto Arena, this property offers unparalleled convenience and access to the pulse of modern innovation. The surrounding area is alive with energy, attracting a dynamic mix of residents, entrepreneurs, and forward-thinkers.
Currently housing a successful Jean Manufacturing Business, this building is uniquely zoned R5, providing a diverse array of permitted uses. Whether you envision a creative workspace, an artist's studio, a tech hub, or a trendsetting retail establishment, this property is poised to accommodate your vision.
Key Features:
* Spacious 2-bedroom, 3-bathroom layout
* Prime industrial Live/Work space
* Proximity to Crypto Arena - an emerging epicenter of technology and innovation
* R5 zoning for a wide spectrum of potential uses
Unlock the potential of 1359 Hope St and seize the opportunity to capitalize on the thriving ecosystem of Los Angeles. This property encapsulates the essence of urban living, blending innovation and versatility in an unbeatable location.
DW23191007
MLSⓇ ID
October 12, 2023
Listed
February 21, 2025
Updated
Interior Features
Total Stories
1
Laundry Description
None
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
0.21 Acres
Lot Features
0-1 Unit/Acre
Other Property Details
Area Name
699 - Not Defined
Days on Market
64
Garage
No
View
No
County
Los Angeles
Water Source
Public
Pool
No
Listing Contact: 888-832-7179
Based on information from the California Regional Multiple Listing Service (CRMLS) as of 2/21/2025. 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, the 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. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.
©2025 California Regional Multiple Listing Service (CRMLS) all rights reserved.
Data last updated on 2/21/2025 at 6:05 PM UTC