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2017 E. 8TH STREET Copyright 2019 L.A. Realty Partners All rights reserved. DRE Lic. #01434161. ARTS DISTRICT FOR LEASE 23,486 SF 1.32 Acre Site

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Page 1: FOR LEASE - images1.loopnet.com€¦ · Zoning: M3‐1‐RIO (creative office permitted by right, can build up to 85,000 SF structure; buyer to verify) Lot Size: 1.32 acres (57,613

2017E. 8TH STREET

Copyright 2019 L.A. Realty Partners All rights reserved. DRE Lic. #01434161.

ARTS DISTRICTFOR LEASE

23,486 SF1 .32 Acre Site

Page 2: FOR LEASE - images1.loopnet.com€¦ · Zoning: M3‐1‐RIO (creative office permitted by right, can build up to 85,000 SF structure; buyer to verify) Lot Size: 1.32 acres (57,613

PropertyLocation: Arts District area of Downtown LA

Address: 2017 E. 8th Street, Los Angeles, CA 90021

Rate: $1.60 RSF Modified Gross

Access: Vehicular access via Lawrence Street and 8th Street with an existing gate

Zoning: M3‐1‐RIO (creative office permitted by right, can build up to 85,000 SF structure; buyer to verify)

APNs: Four parcels: 5156-029-028, 5166-029-029, 5166-029-032 and 5166-029-034

Lot Size: 1.32 acres (57,613 square feet)

Highlights• 2017 E. 8th Street (“Property”) is a an existing warehouse

building of approximately 23,486 rentable square feet.

• Located in the Arts District area of Downtown Los Angeles, home to some of the top creative companies in Los Angeles, with world‐class amenities, restaurants and specialty cafes. This area is seeing interest from a large concentration of tenancy in media, technology, culinary, architecture and creative companies.

• The Property is situated on approximately 1.32 acres of land.

• The Property is owner-occupied and provides an excellent opportunity to upgrade to a creative build‐out to achieve market rental rates.

• The Property is prominently located at the corner of 8th Street and Lawrence Street. Immediately across the street from the LA Times facility.

C h r i s H o u g e | P r i n c i p a l

3 1 0 . 4 0 7 . 3 4 1 5c h o u g e @ l a r e a l t y p a r t n e r s . c o mL I C # 0 0 8 5 2 0 9 1

O w e n F i l e t i | S e n i o r E x e c u t i v e D i r e c t o r

3 1 0 . 4 0 7 . 3 4 0 9o f i l e t i @ l a r e a l t y p a r t n e r s . c o mL I C # 0 1 4 1 0 3 6 4

Copyright 2019 L.A. Realty Partners All rights reserved. DRE Lic. #01434161.

2017E. 8TH STREET

Page 3: FOR LEASE - images1.loopnet.com€¦ · Zoning: M3‐1‐RIO (creative office permitted by right, can build up to 85,000 SF structure; buyer to verify) Lot Size: 1.32 acres (57,613

I-10 FREEWAY

LAWRENCE ST.

E. 8TH ST.

4.

P R OP E RTY S UMMAR Y

Zoning RestrictionsZoning: M3‐1‐RIO (creative office permitted by right, can build up to 85,000 SF structure; buyer to verify)

Lot Size: 1.32 acres (57,613 square feet)

Uses: M2 Uses, nuisance type uses, no R zone uses. M2 uses permit M1 uses, which include C2 uses as long as they are conducted in accordance with all builidng enclosure and fence enclosure lim itations in the C2 Zone. Joint Live-Work Quarters (through conditional use permit or general plan amendment/zone change to the proposed “H1” zone) C2 Uses include office uses - creative office use permitted by-right.

C h r i s H o u g e | P r i n c i p a l

3 1 0 . 4 0 7 . 3 4 1 5c h o u g e @ l a r e a l t y p a r t n e r s . c o mL I C # 0 0 8 5 2 0 9 1

O w e n F i l e t i | S e n i o r E x e c u t i v e D i r e c t o r

3 1 0 . 4 0 7 . 3 4 0 9o f i l e t i @ l a r e a l t y p a r t n e r s . c o mL I C # 0 1 4 1 0 3 6 4

Copyright 2019 L.A. Realty Partners All rights reserved. DRE Lic. #01434161.

2017E. 8TH STREET

Page 4: FOR LEASE - images1.loopnet.com€¦ · Zoning: M3‐1‐RIO (creative office permitted by right, can build up to 85,000 SF structure; buyer to verify) Lot Size: 1.32 acres (57,613

2017E. 8TH STREET

Site Plan

C h r i s H o u g e | P r i n c i p a l

3 1 0 . 4 0 7 . 3 4 1 5c h o u g e @ l a r e a l t y p a r t n e r s . c o mL I C # 0 0 8 5 2 0 9 1

O w e n F i l e t i | S e n i o r E x e c u t i v e D i r e c t o r

3 1 0 . 4 0 7 . 3 4 0 9o f i l e t i @ l a r e a l t y p a r t n e r s . c o mL I C # 0 1 4 1 0 3 6 4

Copyright 2019 L.A. Realty Partners All rights reserved. DRE Lic. #01434161.

Page 5: FOR LEASE - images1.loopnet.com€¦ · Zoning: M3‐1‐RIO (creative office permitted by right, can build up to 85,000 SF structure; buyer to verify) Lot Size: 1.32 acres (57,613

2017E. 8TH STREET

Second Floor

C h r i s H o u g e | P r i n c i p a l

3 1 0 . 4 0 7 . 3 4 1 5c h o u g e @ l a r e a l t y p a r t n e r s . c o mL I C # 0 0 8 5 2 0 9 1

O w e n F i l e t i | S e n i o r E x e c u t i v e D i r e c t o r

3 1 0 . 4 0 7 . 3 4 0 9o f i l e t i @ l a r e a l t y p a r t n e r s . c o mL I C # 0 1 4 1 0 3 6 4

Copyright 2019 L.A. Realty Partners All rights reserved. DRE Lic. #01434161.