414 Bamboo Ln, Los Angeles, CA 90012
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414 Bamboo Ln Los Angeles, CA 90012

$899,000
  • -- Beds
  • -- Baths
  • 2,280 Sq.Ft.
For Sale
$899,000 Get Pre-Qualified

Map preview of 414 Bamboo Ln, Los Angeles, CA 90012

Property Overview: 414 Bamboo Ln Los Angeles, CA has -- bedrooms, -- bathrooms, 2,280 living square feet and 2,481 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Discover an extraordinary opportunity to own a piece of history in the heart of Chinatown. Presenting the former site of General Lee's banquet room, 414 Bamboo Lane stands as a testament to architectural brilliance and cultural significance. Encompassing 2,280 square feet on a single story, this property boasts a wealth of unique design elements, including soaring ceilings, an open floor plan, and a stunning stained glass sculpture illuminated by an enormous skylight. Bathed in natural light from a street-facing wall of windows, the space exudes an ambiance of charm and warmth. The property runs off-the-grid as it operates entirely on solar-powered energy. 414 Bamboo Lane has served as a thriving hub for events and collaborations, drawing upon its prime location in one of Los Angeles's most vibrant neighborhoods. With commercial zoning, RTI, and entitlements in place, this versatile warehouse presents endless possibilities for redevelopment. Whether as an art gallery, office space, or future multi-level mixed-use structure, the potential for transformation is boundless. Nestled on a private street and adjacent to multiple public transit stations and parking lots, Bamboo Lane boasts exceptional accessibility. Its proximity to a variety of retail shops and restaurants further enhances its desirability. Embrace the opportunity to own a piece of Chinatown's cultural legacy and unleash the full potential of this storied property.

Listed by EDUARDO AGUERO | BRE #02001481 | Douglas Elliman of CA, Inc.
Co-listed by Eric Kang | BRE #02059841 | Douglas Elliman of California, Inc.
Last checked: 10 minutes ago | Last updated: May 18th, 2024 | Source CRMLS | DOM: 5
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Home details

Lot Sq. Ft
2,481
HOA Dues
$0/mo
Year built
1965
Garage
--
Property Type:
Mixed Use
Status
Active
MLS#
PF24087721
City
Los Angeles
County
Los Angeles
Time on Site
18 days
Property Unit Breakdown
Unit Mix Summary
  • Total # of Units: --
  • Total # of Buildings: --
Property Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: --
  • Net Operating Income: --
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: --

Open Houses for 414 Bamboo Ln

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Property Details for 414 Bamboo Ln

Interior Features
Cooling Information
  • Has Cooling
  • Zoned
Heating Information
  • No Heating
  • None
Laundry Information
  • See Remarks
Lot Details / Garage and Parking
Lot Information
  • Lot Features: Level with Street
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Parcel Number: 5414008017
  • Entry Level: 1
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: in between Broadway and Hill off Bamboo
View more facts & features

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Sale History for 414 Bamboo Ln

Last leased for $5,500 on January 2nd, 2024
  • May, 2024

  • May 8, 2024

    Date

    Active

    CRMLS: PF24087721

    $899,000

    Price

  • January, 2024

  • Jan 2, 2024

    Date

    Active

    CRMLS: PF24000929

    $5,500

    Price

  • Jan 2, 2024

    Date

    Leased

    CRMLS: PF24000929

    $5,500

    Price

  • Listing provided courtesy of CRMLS

    Lease before processing

  • November, 2023

  • Nov 18, 2023

    Date

    Expired

    CRMLS: 23312419

    $1,699,000

    Price

  • Sep 18, 2023

    Date

    Active

    CRMLS: 23312419

    $1,699,000

    Price

  • Listing provided courtesy of CRMLS

    Located in the heart of thriving Chinatown, stands 414 Bamboo Lane - a truly unique property in one of Los Angeles's most vibrant and artistic neighborhoods. Rich in history, this property formerly served as the site of General Lee's Banquet Room, enjoying visits and performances from the stars of the time. Architecturally significant, 414 Bamboo consists of 2,280 square feet on a single-story, replete with the most desirable design features: high ceilings, an open floor plan, and an enormous skylight and street-facing wall of windows that provide tons of natural light. Set just below the skylight is a decorative stained glass sculpture, a glamorous and one-of-a-kind attribute that highlights the building's creative identity. In recent years, 414 Bamboo has amassed tremendous success in the pop-up world, hosting a far-ranging array of events, brand activations, and other collaborative ventures. In addition to its popular location and beauty, the property runs entirely on solar-powered energy - establishing an off-the-grid status, rare in the city. This structure sits on a prime lot and can be coveted as is in its current condition, or redesigned to support multi-levels of mixed-use functions. The Seller has made significant investments to prepare 414 Bamboo for development, an appealing aspect for prospective buyers interested in a project.

  • November, 2023

  • Nov 18, 2023

    Date

    Expired

    CRMLS: 23312463

    $1,699,000

    Price

  • Sep 18, 2023

    Date

    Active

    CRMLS: 23312463

    $1,699,000

    Price

  • Listing provided courtesy of CRMLS

    Located in the heart of thriving Chinatown, stands 414 Bamboo Lane - a truly unique property in one of Los Angeles's most vibrant and artistic neighborhoods. Rich in history, this property formerly served as the site of General Lee's Banquet Room, enjoying visits and performances from the stars of the time. Architecturally significant, 414 Bamboo consists of 2,280 square feet on a single-story, replete with the most desirable design features: high ceilings, an open floor plan, and an enormous skylight and street-facing wall of windows that provide tons of natural light. Set just below the skylight is a decorative stained glass sculpture, a glamorous and one-of-a-kind attribute that highlights the building's creative identity. In recent years, 414 Bamboo has amassed tremendous success in the pop-up world, hosting a far-ranging array of events, brand activations, and other collaborative ventures. In addition to its popular location and beauty, the property runs entirely on solar-powered energy - establishing an off-the-grid status, rare in the city. This structure sits on a prime lot and can be coveted as is in its current condition, or redesigned to support multi-levels of mixed-use functions. The Seller has made significant investments to prepare 414 Bamboo for development, an appealing aspect for prospective buyers interested in a project.

  • March, 2023

  • Mar 21, 2023

    Date

    Canceled

    CRMLS: 22217527

    $1,899,000

    Price

  • Nov 14, 2022

    Date

    Active

    CRMLS: 22217527

    $1,699,000

    Price

  • Listing provided courtesy of CRMLS

    Plot is zoned commercial and has RTI and entitlements should you choose to develop. Offers endless options and opportunities of uses from art galleries to offices and workspaces. This plot sits on a private street and is located adjacent to multiple public transit stations (Transit Score: 83). Easy access and walking distance to incredible retail shops and restaurants make for a desirable and convenient location (Walk Score: 94).

  • October, 2022

  • Oct 28, 2022

    Date

    Active

    CRMLS: 22211579

    $1,699,000

    Price

  • Listing provided courtesy of CRMLS

    414 Bamboo Lane has a storied past with rich cultural heritage that was once part of the General Lee's restaurant. This flexible warehouse is zoned commercial and has RTI and entitlements should you choose to develop. This intimate warehouse offers endless options of uses from art galleries to offices and workspaces. This building sits on a private street and is located adjacent to multiple public transit stations (Transit Score: 83). Easy access and walking distance to incredible retail shops and restaurants make for a desirable and convenient location (Walk Score: 94).

  • June, 2019

  • Jun 27, 2019

    Date

    Sold

    CRMLS: 18414352

    $955,000

    Price

  • Apr 24, 2019

    Date

    Active Under Contract

    CRMLS: 18414352

    $1,100,000

    Price

  • Mar 11, 2019

    Date

    Active

    CRMLS: 18414352

    $1,100,000

    Price

  • Feb 16, 2019

    Date

    Expired

    CRMLS: 18414352

    $1,100,000

    Price

  • Feb 5, 2019

    Date

    Price Change

    CRMLS: 18414352

    $1,100,000

    Price

  • Dec 10, 2018

    Date

    Active

    CRMLS: 18414352

    $1,200,000

    Price

  • Listing provided courtesy of CRMLS

    READY FOR YOUR IMMAGINATION! Here is an amazing opportunity to own the former site of General Lee's Banquet Room in the heart of Chinatown. This is an architectural gem with many unique design elements including high ceilings, stained glass sculpture and an open floor plan. The property has severe deferred maintenance and needs to be completely renovated. All information provided is from third party sources. Buyer to verify all information provided regarding the property.

  • June, 2019

  • Jun 26, 2019

    Date

    Sold (Public Records)

    Public Records

    $955,000

    Price

  • November, 2018

  • Nov 27, 2018

    Date

    Active

    CRMLS: 18411116

    $1,200,000

    Price

  • Listing provided courtesy of CRMLS

    READY FOR YOUR IMAGINATION! Here is an amazing opportunity to own the former site of General Lee's Banquet Room in the heart of Chinatown. This is an architectural gem with many unique design elements including high ceilings, stained glass sculpture and an open floor plan. The property has severe deferred maintenance and needs to be completely renovated. All information provided is from third party sources. Buyer to verify all information provided regarding the property.Bamboo Lane is between Hill and Broadway in Chinatown, right between Bamboo Plaza and Central Plaza.

  • May, 2005

  • May 23, 2005

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 414 Bamboo Ln

Assessed Value (2020): $974,100
Year Land Value Improved Value Assessed Value
2020 $856,800 $117,300 $974,100

Home Value Compared to the Market

This property vs the competition

414 Bamboo Ln is listed 28.08% lower than the median list price for the city of Los Angeles which has a median list price of $1,250,000. The median price per/sqft for Los Angeles is $777 and this home is listed at $394.3 per/sqft which puts the price per square foot 49.25% lower than the median price per square foot for the city of Los Angeles.

About 414 Bamboo Ln

Detailed summary of property

414 Bamboo Ln is a mixed use located in Los Angeles, CA 90012 and is currently for sale. This mixed use property offers -- bedrooms, -- bathrooms, roughly 2,280 living square feet, and sits on an approximately 2,481 square foot lot. 414 Bamboo Ln was first listed on ArdentRealEstateGroup.com on May 2, 2024. The homeowner is currently asking $899,000. The median priced home in Los Angeles is $1,250,000 with a median price per square foot of $777. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 28.08% lower than the median priced home. Local competing homes currently for sale include 889 E Vernon Ave, 5254 Alhambra Ave and 4111 S Broadway. While the average home in Los Angeles, CA is selling in 92 days, 414 Bamboo Ln has a days on market of 5 days. There are currently 3712 homes for sale in the Los Angeles real estate market and 2493 of them are single family homes while 1120 of them are condos and 93 are townhomes. For more information on this home for sale at 414 Bamboo Ln Los Angeles, CA 90012 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 414 Bamboo Ln

Public county record property details
Beds
--
Baths
--
Year built
1965
Sq. Ft.
2,280
Lot Size
2,480
Stories
1
Type
Restaurant
Pool
No
Spa
No
County
Los Angeles
Lot#
12
APN
5414-008-017

The source for these homes facts are from public records.

90012 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$595,000
Median List Price/Sq.Ft.
$612
Median Sold Price
$462,500
Median Sold Price/Sq.Ft.
$610
Total Inventory
57
Median Sale to List Price %
92.69%
Avg Days on Market
97
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (50%), Other (0%)

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Related Resources to 414 Bamboo Ln

Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.