$8.25MM - INDUSTRIAL/OFFICE INVESTMENT OPPORTUNITY - DTLA - 90021 (Moshe)

1725 E 7TH ST Los Angeles, CA 90021

FOR SALE Incentives
Property Type:
Industrial
Amount:
$8,250,000
Last Verified:
Jul 05, 2017


Description

Multi purpose building. Great for artistic, creative use, sports facility, dog care, and etc. Must see. High power, 14 FT - 22 FT high ceiling, two bathrooms, 5 offices, 5 parking.

Asking Price:
$8,250,000
Due Diligence :
up to 30 days
Closing Period:
up to 30 days
Deposit:
$80,000 min.

-


Year Built: 1921
Building Size: 14997.0sq ft
Lot Size: 0.43 acres

Map of 1725 E 7TH ST, Los Angeles, CA, 90021

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Real Estate Incentives (What is this?)
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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.