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User/Investor/Developer Opportunity

3 Properties Offered at £3,918,128 in Los Angeles, CA

Investment Highlights

  • Over $400,000 Price Reduction! Seller Financing Available!
  • Easy Access to DTLA and West Los Angeles
  • Highly Desirable West Washington Corridor Location
  • Great Potential: Warehouse with Offices, Creative Conversion or Development Site
  • 160' x 150' Lot Dimensions

Executive Summary

Over $400,000 price reduction! Seller financing available: 50% down/6% interest only payment. Great potential: Ideal for owner/user, investor or developer. Retail/wholesale with warehouse, creative conversion, or mixed-use development. Possible ghost kitchen or cloud kitchen conversion. Highly desirable West Washington corridor location. 160' frontage on busy Washington Blvd. Easy access to DTLA and West Los Angeles. Instant Santa Monica (I-10) freeway access. 24,000 SF of land with various buildings. 9,764± SF total permitted building area (additional 5,788 SF is unpermitted). Built 1925/1993. 12' to 20' ceiling height. Heavy 1200A/120-240V/3-phase power. Large private parking lot for 30± vehicles. Pylon sign. Property is easily divisible. 28,814 vehicles per day traffic count (2018). Zoned LA C1.5-1VL-O-CPIO. APNs 5073-028-006,007,008. TOC: Tier 1.

Property Facts

Price £3,918,128
Price / SF £401.28 / SF
Sale Type Investment
Status Active
Number of Properties 3
Individually For Sale 0
Total Building Size 9,764 SF
Total Land Area 0.55 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
Alpine Restaurant Equipment
2378 W Washington Blvd, Los Angeles, CA 90018
Industrial 7,482 SF 1925 -
2374 W Washington Blvd, Los Angeles, CA 90018 Industrial 2,282 SF 1993 -
2368 Washington Blvd, Los Angeles, CA 90018 Land 0.17 AC - -
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  • Listing ID: 20018703

  • Date on Market: 23/06/2020

  • Last Updated:

  • Address: User/Investor/Developer Opportunity, Los Angeles, CA

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