6827 Crenshaw Blvd - Industrial FOR SALE


Los Angeles, CA 90043- Park Mesa Heights
$2,265,000 USD
310-658-3375
6827 Crenshaw Blvd, Los Angeles, CA for Sale
$2,265,000 USD
Industrial - FOR SALE
1/10
null | Request Cap Rate

6827 Crenshaw Blvd
Los Angeles, CA 90043
Park Mesa Heights


HIGHLIGHTS

  • Free & Clear - Seller Financing Available at Competitive Terms
  • State Enterprise Zone Reduced Parking Requirements - 2 per 1,000 SF | Medical or Restaurant
  • Both Buildings 100% Vacant - Single or Multi-Tenant Use (Easily Divisible)
  • 20-Foot Shared Driveway - Access to Rear Parcel (20,775 SF Total Lot Size)
  • 90% SBA Financing & 85% Conventional Financing Available - Owner User Buyers
  • Flexible Zoning - Variety of Allowed Uses

OVERVIEW

Kidder Mathews is the exclusive agent 6829 and 6825 Crenshaw Blvd. These properties are situated on 20,755 square feet of land, with 7,550 square feet of existing improvements (two free standing buildings). There is a 20 foot driveway in the middle of the parcel which gives ingress/egress to the large rear lot. This excellent building-to -land ratio lends itself to a plethora of Buyers, who could utilize the generous lot size and/or intends on expanding the existing footprints to the current buildings. The zoning is MR1-2D-SP with an overlay of the Crenshaw Specific Plan. Under this zoning, plus the State Enterprise Zone, there are numerous commercial and light industrial uses allowed on the premises from medical/dental to restaurant use, along with traditional Commercial/Industrial uses. More importantly, there is a reduced parking requirements when repositioning the property to create value. Both buildings are vacant and the Seller would consider a short-term seller carry (terms negotiable).

FOR SALE DETAILS

PRICE

$2,265,000 USD

PRICE/SF

$300 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

20K+ Lot on Crenshaw Blvd - 2 Blds 7,550 SF

PROPERTY TYPE

Industrial

ADD'L SUBTYPES

Storefront, Warehouse, Medical

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1960

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

25

LAND DETAILS

LAND ACRES

0.47

LAND SF

20,591

ZONING

MR1-2D-SP

APN/PARCEL ID

4006-024-016,4006-024-020

ASK ABOUT THIS PROPERTY

Jay MartinezKidder MathewsMore Info
310-658-3375

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Jay MartinezKidder MathewsMore Info
310-658-3375

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