$2,800,000
 $15,031 est/mo Sourced by Back At You

2335 Wall Street,Los Angeles, CA 90011

Los Angeles, CA 90011

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Description

Despite being constructed in 1970, the property is priced at only $178 per square foot and $140,000 per unit, which are attractive values, even when compared to far older properties that have sold in the immediate area. A new owner can capitalize on the upgraded electrical system, which could potentially reduce both energy and insurance costs. The property occupies a double lot and includes a large parking area capable of holding 22 vehicles. This rare amenity, coupled with the building's convenient access to nearby shopping and dining destinations (Walk Score of 89), helps to attract higher-paying tenants to the property. A new owner can take advantage of these factors as they add value by recapturing the approximately 54% rent upside that the asset offers. Situated near LA Live, the Crypto.com Arena, the Los Angeles Coliseum, and the Los Angeles Convention Center, the property is adjacent to several 2028 Summer Olympics venues. Therefore, it stands to potentially benefit from upcoming infrastructure improvements and an influx of capital to the immediate area, all to the benefit of a new owner.

Details

MLS #26669741
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1970
Days On Site150
Listing Provided ByMarcus & Millichap | Roderick 'Rick' Raymundo

Features

Bed(s)18
Bath(s)20
SQ Feet15,771
Story(s)3
Units20
Building(s)1
ZoningLARD2
Acreage0.34

Parking

Attached Garage Yes / NoYes
Parking FeaturesAssigned

Area Information

StateCA
CountyLos Angeles
CityLos Angeles
Zip Code90011
AreaC42 Downtown L.A.
Listing VS Median (in 90011)
Price:
$2,800,000
low | high
Med:
$939,000
100% of Average
sqft:
15,771
low | high
Med:
4,236
100% of Average
$ / sqft:
$178
low | high
Med:
$376
61.719313466425% of Average
On site:
150
low | high
Med:
171
87.719298245614% of Average
Sourced by Back At You

Market Activity 90011

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Learn More About This Property

David Hong

David Hong

Coldwell Banker Commercial

02207128 (760) 617-8885david.hong@cbcinland.com
StateCA
CountyLos Angeles
CityLos Angeles
Zip Code90011
AreaC42 Downtown L.A.
Listing VS Median (in 90011)
Price:
$2,800,000
low | high
Med:
$939,000
100% of Average
sqft:
15,771
low | high
Med:
4,236
100% of Average
$ / sqft:
$178
low | high
Med:
$376
61.719313466425% of Average
On site:
150
low | high
Med:
171
87.719298245614% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $2.1M - $3.5M
sqft: 11,500 - 19,500
Nearby Listings Property ImageNearby Listings Details
2108 Maple Avenue Property Photo 1
$3,600,000
2108 Maple Avenue
Los Angeles, CA 90011
Listing Updated: August 21, 2026 at 10:52:35 PM PDT