2400 James M Wood Blvd - Warehouse FOR SALE


Los Angeles, CA 90006- Pico-Union
$5,295,000 USD
213-500-4134
2400 James M Wood Blvd, Los Angeles, CA for Sale
$5,295,000 USD
Warehouse - FOR SALE
1/19
null | Request Cap Rate

2400 James M Wood Blvd
Los Angeles, CA 90006
Pico-Union


HIGHLIGHTS

  • Owner-User Potential: SBA eligible acquisition opportunity
  • Current Income: In-place tenant revenue
  • Development Potential: Mixed-use / multifamily possibilities (buyer to verify)
  • Variety of use: Medical or Dental operator, Private school / vocational training center, Religious institution, Retail or service business headquarter
  • Development: Mixed-use redevelopment, Multifamily housing potentia, Long-term land banking strategy
  • Location: Central Westlake, Minutes from Downtown Los Angeles, Dense residential population base, Strong retail corridor, Highly visible frontage

OVERVIEW

2400–2416 James M. Wood Blvd presents a rare opportunity to acquire a multi-tenant commercial property situated on a 24,615 SF corner lot in the dense Westlake submarket of Los Angeles. The property consists of approximately 16,391 square feet of improvements with in-place tenant income, providing immediate cash flow while allowing flexibility for owner-user occupancy, repositioning, or long-term redevelopment. The asset is zoned C2-1, which allows a wide variety of commercial uses including retail, restaurant, medical, education, and service businesses. The large parcel size and central location also provide future mixed-use or multifamily redevelopment potential (buyer to verify). This opportunity is particularly attractive for owner-users seeking to control a long-term location while offsetting costs with rental income, as well as developers pursuing a covered land play in a high-density urban corridor. Strategically located near Downtown Los Angeles, the property benefits from strong population density, excellent transit connectivity, and significant long-term growth potential.

FOR SALE DETAILS

PRICE

$5,295,000 USD

PRICE/SF

$679 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Owner-User or Development Opportunity | Large

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

ADD'L SUBTYPES

Day Care Center, Restaurant, Medical

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1977

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.57

LAND SF

24,615

ZONING

LAC2

APN/PARCEL ID

5136-002-031,5136-002-032

ASK ABOUT THIS PROPERTY

Jayson KimInfini Realty AdvisorsMore Info
213-500-4134

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Jayson KimInfini Realty AdvisorsMore Info
213-500-4134

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