600 Elsbeth, Site of Rotting Apartment Complex In Which Lee Oswald Once Lived, Is For Sale

600ElsbethLoopNet.jpg
Speaking of the assassination of John F. Kennedy ...

For a long while now we've written about the ongoing fight between the city of Dallas and Jane Bryant, owner of the decaying apartment complex on 600 Elsbeth near Bishop Arts where, in 1962, Lee Harvey Oswald and wife Marina briefly lived. Just last summer, matter of fact, Bryant and First Assistant City Attorney Chris Bowers traded blows on Unfair Park, with Bryant insisting the city was attempting to raze the building so it could hand over the parcel to a private developer. Bowers said that wasn't the case at all, reiterating the city's long-held contention that the circa-1925 complex "is structurally unsound, has had at least one fire already and constitutes a public nuisance."

Now, this: A swim through LoopNet reveals that 600 Elsbeth is for sale at an undisclosed price. I've called Realtor Joe Lumbley for further details, but he's out till later in the day. So we'll let the listing speak for itself:
This 12,870 SF of land has a 8668 SF 10-unit on it. The building is just a shell. The value is in the land and in its historical significance. The property is under a demolition order from the City of Dallas and is priced just slightly above land value. Lee Harvey Oswald lived in the building for several months and it's mentioned five times in the Warren Commission Report. Whether that's a pro or a con is up to the market, but it certainly makes the property interesting.

Located with 130 feet of frontage on Davis a block from the Bishop Arts District, this property is zoned Multipurpose District 3. Buyer needs to investigate zoning as the Bishop Arts District gets a lot of political interest. Possible uses could be to restore as an apartment with historical significance, convert to office, retail, or restaurant, or to use as parking in the booming district. Property is located next to a Sonic.
I see on the Dallas County's website there hasn't been much action in Bryant's case against the city since December. Attorney Michael Jung, who's repping Bryant in the fight with the city to keep the wrecking ball stashed till further notice, tells Unfair Park "they've kinda slowed the litigation while she tries to sell it, but we're still in court" with an October 15 trial date currently on the court's docket. He doesn't know how much Bryant's asking for the property currently on the tax rolls for $65,350. But you're free to make an offer. Just keep in mind: It's missing a door, though it never sold, per Heritage Auctions' policy of not selling off items tied up in litigation. The door was returned to Bryant.

Sponsor Content

My Voice Nation Help
16 comments
JaneAnneBryant
JaneAnneBryant

The building isn't rotting, and it isn't falling down, the City's own engineer said the interior was in "excellent coondition".  The building has character and the units have a very modern, open living layout which is why I wanted to renovate it.  The only thing keeping me from renovating it, is the City's 4 years of litigation.   Is everything that is old to be torn down?

Lastangelman
Lastangelman

Knock it down, redevelop property, put up a blue plaque that says, "Oswald slept here", s'okay? How hard is that?

just sayin'
just sayin'

$63,350 for that shithole? Good luck finding a patsy in this market.

LaceyB
LaceyB

Hardly seems to be an attractive nuisance, like a pool or something else that would bring strangers to a private property. Maybe for some who got the wrong address to Lee Harvey's.

Heywood U Buzzoff
Heywood U Buzzoff

How about we turn it into the James Schutz Centre for Lawn Terrorization, Conspiracy and Whaky Crap.  We'll have to spell Center 'centre' to show the JSCLTCWC has some class.  But the city will have to name of the street to John W Price 'my way or the highway' 15% Boulevard.

holman
holman

$65,370 is $5/SF to the land.  That's land value.  You couldn't get the cost of renovation back out in rents in this market to pay back the loan it would take to renovate.  And the CO (the Certificate of Occupancy) no doubt has been pulled.  I wonder if it has an historical overlay, which would further compound the problem.

ChrisYu
ChrisYu

may be associated, but nothing historical really happened there508 Park Ave is a good example of what should be preserved.

Fork1088
Fork1088

I'd buy it, but I don't want Gordon Keith creepily hanging around outside all the time.

Alek Hidell
Alek Hidell

 If buildings are torn down because of age, why is Old Red still standing in Dealey Plaza?

JoeLumbley
JoeLumbley

Obviously you haven't been following Bishop Arts land prices. Let's just say it's priced a little bit higher than $63K.

Cliff Dweller
Cliff Dweller

 I doubt anybody intends to renovate it.  They'll buy it for the location.  If they wait long enough the City will even do the demo work for them.

No historic overlay that I know of, but the zoning listed is wrong, this is in either the old Bishop Arts CD or the new Bishop/Davis nonsense.

brian
brian

You have at least one tenant already lined up.

TheRealDirtyP1
TheRealDirtyP1

don't thing for one minute he hasn't broken in and had a seance there before.

P23435
P23435

It already looks creepy from the photo, in a White Ribbon sort of way. 

Robert Wilonsky
Robert Wilonsky

 Squint real hard, and you can see Gordon in the back, to the left.

Now Trending

Dallas Concert Tickets

Around The Web

From the Vault

 

General

Loading...