1856 W Washington Blvd - Retail FOR SALE


Los Angeles, CA 90007- Harvard Heights
$998,000 USD
310-592-8269
1856 W Washington Blvd, Los Angeles, CA for Sale
$998,000 USD
Retail - FOR SALE
1/31
null | Request Cap Rate

1856 W Washington Blvd
Los Angeles, CA 90007
Harvard Heights


HIGHLIGHTS

  • Variety of light manufacturing and distribution uses allowed with CM-1-CPIO zoning
  • Spacious warehouse unit with skylights
  • 11-14' height clearance
  • Adjacent to two separate commercial kitchen operations
  • Delivered 100% vacant at close of escrow

OVERVIEW

3rd Price Reduction! Property will be delivered 100% vacant. Darin Spillman at Kidder Mathews is pleased to present for sale 1856-1858 W. Washington Blvd., a mixed-use retail/residential/warehouse asset in the West Adams/Pico-Union submarket of central Los Angeles. The property is comprised of two units: a vacant two-story mixed-use unit with ground floor retail and a spacious 3 bed, 1 bath apartment upstairs, formely leased to a florist; and a vacant single story retail/warehouse. Both units are approximately 2,340 square feet each. The single story warehouse unit benefits from 11-14 foot clearance in a generous open warehouse design, with several skylights, a small kitchen and two 1/2 bathrooms and one 3/4 bathroom. It also has a rolling steel door for additional garage parking. The property is ideally suited for an owner-user buyer, who can obtain an SBA loan with as little as 10% down payment, provided they occupy at least 51% of the building’s commercial space.

FOR SALE DETAILS

PRICE

$998,000 USD

PRICE/SF

$213 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

Mixed-Use:Vacant Retail/Warehouse/Residential

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Storefront Retail/Residential, Warehouse, Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1922

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.13 AC

LAND SF

5,637 SF

ZONING

LACM

APN/PARCEL ID

5075-028-005

ASK ABOUT THIS PROPERTY

Darin SpillmanKidder MathewsMore Info
310-592-8269

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Darin SpillmanKidder MathewsMore Info
310-592-8269

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