2124 Violet Street,Los Angeles, CA 90021
Los Angeles, CA 90021
Description
Seize a rare opportunity in the heart of the Arts District. Situated on an approximately 11,204 SF LAM3-zoned lot, this property features an existing industrial structure and presents a blank canvas for investors, developers, and owner-users. The property has experienced prior fire damage and is being sold in its current as-is condition, presenting a value-add and redevelopment opportunity. The property is currently designated for light manufacturing, supporting a range of industrial uses including production, fabrication, and warehousing. Buyers are advised to independently verify all potential uses, redevelopment options, zoning regulations, and requirements with the City of Los Angeles. Located in one of Los Angeles' most dynamic and culturally rich corridors, the property is in close proximity to notable destinations such as Bavel, Camlia, and Manuela, along with established businesses including Bike Shed Moto Co. and Arts District Brewing. The area continues to attract creative companies, established brands, and ongoing development activity. Whether repositioning the existing structure or exploring future redevelopment potential, this offering presents an opportunity to capitalize on industrial zoning in a highly desirable urban location.
Details
| MLS # | 26831813 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1952 |
| Days On Site | 128 |
| Listing Provided By | Serhant California, Inc | Adolfo Aguirre |
Features
| SQ Feet | 8,800 |
|---|---|
| Story(s) | 1 |
| Building(s) | 1 |
| Zoning | LAM3 |
| Acreage | 0.26 |
Exterior
| Security Features | Gated Community |
|---|
Location
| Community Features | Gated |
|---|
Area Information
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90021 |
| Area | C23 Metropolitan |
| Listing VS Median (in 90021) | |
Price: $3,350,000 low | high Med: $14,160 sqft: 8,800 low | high Med: 9,440 $ / sqft: $381 low | high Med: $2 On site: 128 low | high Med: 486 | |
Market Activity 90021
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Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90021 |
| Area | C23 Metropolitan |
| Listing VS Median (in 90021) | |
Price: $3,350,000 low | high Med: $14,160 sqft: 8,800 low | high Med: 9,440 $ / sqft: $381 low | high Med: $2 On site: 128 low | high Med: 486 | |