ActiveCommercial · sale

344 N Mott Street

Los Angeles, CA 90033

$1,980,000

  • 0.13 acres
  • Built 1914

Listed by Sotheby's International Realty · MLS #26102532

Listing status & updates
MLS last changed
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Availability last checked
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344 N Mott Street, Los Angeles, CA 90033 · MLS #26102532

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A FEW THINGS TO NOTICE

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Year built

Built in 1914.

Property size

0.13 acres listed.

Highlights from the listing description and property details. Confirm features with the listing agent.

THE PROPERTY

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Legacy building on the most vital commercial artery in Boyle Heights. Solidly anchored next to the landmark Paramount and Brooklyn Pizza businesses. Mixed-use property on one of the neighborhood's most walkable commercial corridors: two street-level commercial spaces and a separate residential house. All structures are leased on this 3,998 SF C2-zoned lot. Active daytime and evening foot traffic of shops, eateries and the Soto transit makes this a special opportunity for numerous business possibilities.Historical commercial and residential site best known as the first Masonic temple in East Los Angeles. Constructed in 1914.Assessor's Parcel #5180-017-001 3,998 square foot mix use site. Two commercial units (former restaurant space and a retail/storefront space)Once detached single-family residential unit (a 2 bedroom, 1 bath home)Zoned LA C2 (Commercial) right along the prominent, historic commercial corridor of Cesar E. Chavez Avenue (historically known as Brooklyn Avenue before it was renamed in 1994 to honor labour and civil rights leader Cesar E. Chavez.Potential adaptive reuse as a creative studio, gallery, retail shop, bar, or neighbourhood music Venue.The storefronts are located next-door to the Paramount Theatre. The Paramount (historically known as the Paramount Ballroom and originally built as a cooperative social centre) is one of East Los Angeles' most enduring cultural and musical landmarks. Its 100-year history reflects the shifting immigrant, labour, and artistic identity of the neighbourhood.. Built in 1924 as an elegant Renaissance Revival-style structure, the building originally operated by the Jewish bakers' union of Los Angeles and the subdistrict of the Communist Party/Workmen's Circle as the Cooperative Centre. In 1949, owner Adolph Franco reconfigured the building into the Paramount Ballroom, featuring an upstairs dance hall and groundfloor/nightclub. For a period, it also housed a dance studio run by Eduardo Cansino (father and teacher of Rita Hayworth.). The venue was notorious for its interracial & Latin music scene with like of Count Basie, Benny Goodman, Tito Puente & Celia Cruz. In the late 70's and 80's, the ground-floor was transformed into The Vex, and underground cradle for East LA Punk Bands. Los Illegals, The Brat, Fear and the Plugz were regular attractions. The property has had extensive historic restoration. It now houses the Paramount Theatre, Brooklyn Avenue Pizza Company, Boyle Heights Arts Conservancy and 101.5 FM KQBH radio station. This burgeoning neighbourhood is seeing growth, but has kept its historical and cultural elements intact. Use your creativity to create your own spaces and enjoy the two bedroom, one bath home to increase your net income.

THE NEIGHBORHOOD

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344 N Mott Street, Los Angeles, CA 90033

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THE DETAILS

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Property type
CommercialSale
Category
Commercial
Year built
1914
Heating
Central
Zoning
LAC2
Parcel
5180017001
HOA fee
$0.00

Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.

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Listing information

MLS #26102532 · California Regional MLS

Listing brokerage: Sotheby's International Realty
Listing agent: Lawrence Mann

Listing status: Active. MLS last changed: not supplied. Availability last checked: not recorded. Confirm current availability and price with the listing agent.

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