12820 Panama St - Showroom FOR SALE


Los Angeles, CA 90066- Del Rey
$13,950,000 USD
213-221-0467
12820 Panama St, Los Angeles, CA for Sale
$13,950,000 USD
Showroom - FOR SALE
1/21
null | Request Cap Rate

12820 Panama St
Los Angeles, CA 90066
Del Rey


HIGHLIGHTS

  • 12820 Panama Street is a fully renovated, plug-and-play creative full-building purchasing opportunity spanning 13,913 square feet in Silicon Beach.
  • Previously home to a subscription box company and often used for filmmaking, the building is ideally used for industrial or warehouse space.
  • Showcasing an open floor plan comprising private offices and conference rooms, designed with an upgraded kitchen and private outdoor area.
  • Enjoy unmatched accessibility from the site's location off Culver Blvd, one of Del Rey’s major thoroughfares that connects to I-405 and LAX.
  • Recently renovated with floor-to-ceiling windows, a new HVAC system and roof, 17-foot exposed ceilings, and oversized skylights.
  • With Marina del Rey reachable in minutes, the surrounding area has walkability to several local restaurants and coffee shops across the street.

OVERVIEW

Uncover one of the most flexible and ideally positioned creative offices in Los Angeles at 12820 Panama Street. Initially built in 2018, this 13,913-square-foot building has been fully renovated to showcase a creative office environment. 12820 Panama Street allows business owners to source a well-maintained creative office with secured entry, complete private control of the premises, and attached outdoor space. The office has many new modern features, including oversized skylights, floor-to-ceiling windows, a new HVAC system and roof, an upgraded kitchen, 17-foot exposed ceilings, and new bathrooms. 12820 Panama Street sits in the heart of Del Rey, a scenic suburb in West Los Angeles and a popular neighborhood for residents and local businesses. The coastal district is home to the Marina Del Rey and UCLA Marina Aquatic Center. The property sits just north of Loyola Marymount University and the Los Angeles International Airport (LAX), only 4 miles away. 12820 Panama Street is just minutes from the San Diego Freeway, providing easy connections to the greater metro area. With its privatized creative office and impressive new and renovated amenities in a highly desirable LA suburb, 12820 Panama Street is the perfect place to start or grow a business. A 90-day notice is needed to vacate the current tenant.

FOR SALE DETAILS

PRICE

$13,950,000 USD

PRICE/SF

$1,003 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Flex

PROPERTY SUBTYPE

Showroom

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2018

UTILITIES

-

CLEAR CEILING HT

17 Ft

DOCKS

-

DRIVE INS

-

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.52

LAND SF

22,651

ZONING

M1 & M2

APN/PARCEL ID

4223-008-012

ASK ABOUT THIS PROPERTY

Danielle GerzSilicon Beach PartnersMore Info
213-221-0467

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Danielle GerzSilicon Beach PartnersMore Info
213-221-0467

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.