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Mid-City Multi-Use Facility 5519-5521 W Washington Blvd

7,352 SF Light Industrial Building Los Angeles, CA 90016 £3,912,250 (£532/SF)

Investment Highlights

  • 7,352 SF Multi-Use Building on 13,166 SF of Land
  • Includes Surface Parking Lot for 8± Vehicles
  • Great for Retail, Office, Community Use, Warehouse/Showroom, Etc.
  • Excellent Mid-City Location Just East of Fairfax Avenue

Executive Summary

Purchase or lease opportunity. Commercial zoned flex facility. Many possible uses: Retail, professional or creative office, community use, warehouse/showroom, etc. Includes secure, gated parking for 8± vehicles. Located 3 blocks east of Fairfax Avenue. 2-miles south of LACMA and the “Miracle Mile”. Just north of the Santa Monica (I-10) Freeway and minutes east of Culver City. Designated Qualified Opportunity Zone (tax benefits). Future development potential!

Attachments

5519-5521 W Washington Blvd OM

Property Facts

Price £3,912,250 Rentable Building Area 7,352 SF
Price Per SF £532 Number of Floors 1
Sale Type Owner User Year Built/Renovated 1939/1965
Property Type Light Industrial Tenancy Single
Property Subtype
Light Distribution
  • General Retail Storefront
  • General Retail Storefront Retail/Office
  • Office Industrial Live Work Unit
 Parking Ratio 1.09/1,000 SF
Building Class C Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Lot Size 0.30 AC
Price £3,912,250
Price Per SF £532
Sale Type Owner User
Property Type Light Industrial
Property Subtype
Light Distribution
  • General Retail Storefront
  • General Retail Storefront Retail/Office
  • Office Industrial Live Work Unit
Building Class C
Lot Size 0.30 AC
Rentable Building Area 7,352 SF
Number of Floors 1
Year Built/Renovated 1939/1965
Tenancy Single
Parking Ratio 1.09/1,000 SF
Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 1st Floor
  • 7,352 SF
  • Light Industrial
  • -
  • Now
5519-5521 W Washington Blvd, Los Angeles, CA for sale Building Photo- Image 1 of 1
Building Photo

Mid-City lease opportunity. Commercial zoned flex facility. Many possible uses: Retail, professional or creative office, community use, warehouse/showroom, etc. Includes secure, gated parking for 8± vehicles. Located 3 blocks east of Fairfax Avenue. 2-miles south of LACMA and the “Miracle Mile”. Just north of the Santa Monica (I-10) Freeway and minutes east of Culver City.

Space Size Space Use Condition Available
1st Floor 7,352 SF Light Industrial - Now

1st Floor

Size
7,352 SF
Space Use
Light Industrial
Condition
-
Available
Now
1 of 1
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5519-5521 W Washington Blvd, Los Angeles, CA for sale Building Photo- Image 1 of 1
5519-5521 W Washington Blvd

1st Floor

5519-5521 W Washington Blvd, Los Angeles, CA for sale Building Photo- Image 1 of 1
Building Photo
Size 7,352 SF
Space Use Light Industrial
Condition -
Available Now

Mid-City lease opportunity. Commercial zoned flex facility. Many possible uses: Retail, professional or creative office, community use, warehouse/showroom, etc. Includes secure, gated parking for 8± vehicles. Located 3 blocks east of Fairfax Avenue. 2-miles south of LACMA and the “Miracle Mile”. Just north of the Santa Monica (I-10) Freeway and minutes east of Culver City.

Links

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PROPERTY TAXES

Parcel Numbers
Multiple
  • 5064-017-003
  • 5064-017-019
 Improvements Assessment £224,988
Land Assessment £871,951 Total Assessment £1,096,939

PROPERTY TAXES

Parcel Numbers
Multiple
  • 5064-017-003
  • 5064-017-019
Land Assessment
£871,951
Improvements Assessment
£224,988
Total Assessment
£1,096,939

zoning

Zoning Code LA C2-1VL-CPIO
LA C2-1VL-CPIO
(213) 747-4151

  • Listing ID: 33170177

  • Date on Market: 13/09/2024

  • Last Updated:

  • Address: 5519-5521 W Washington Blvd, Los Angeles, CA 90016

The Light Industrial Property at 5519-5521 W Washington Blvd, Los Angeles, CA 90016 is currently available For Sale. Contact Major Properties for more information.

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5519-5521 W Washington Blvd, Los Angeles, CA for sale Building Photo- Image 1 of 5
5519-5521 W Washington Blvd
5519-5521 W Washington Blvd, Los Angeles, CA for sale Building Photo- Image 2 of 5
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5519-5521 W Washington Blvd, Los Angeles, CA for sale Site Plan- Image 3 of 5
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5519-5521 W Washington Blvd, Los Angeles, CA for sale Plat Map- Image 4 of 5
5519-5521 W Washington Blvd

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© 2024 CoStar Group

Mid-City Multi-Use Facility | 5519-5521 W Washington Blvd
(213) 747-4151 x

Mid-City Multi-Use Facility | 5519-5521 W Washington Blvd

Daniel Moussazadeh

(213) 747-4151

(213) 747-4151

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