777 1/2 Stanford Ave - Warehouse FOR SALE


Los Angeles, CA 90021- Flower District
$5,500,000 USD
818-585-3412
777 1/2 Stanford Ave, Los Angeles, CA for Sale
$5,500,000 USD
Warehouse - FOR SALE
1/42
null | Request Cap Rate

NEW


777 1/2 Stanford Ave
Los Angeles, CA 90021
Flower District


HIGHLIGHTS

  • • Two adjacent industrial buildings on two separate legal parcels.
  • • Approximately 16,185 SF of combined building area on 19,939 SF of land.
  • • Vacant ±8,685 SF building available for owner occupancy or leasing.
  • • Bow-truss construction, up to 21-foot clear height, and approximately 800-amp power reported at 777 Stanford.
  • • Flexible ownership options, including potential future separate disposition.
  • • Downtown Los Angeles location serving industrial, wholesale, and distribution businesses.

OVERVIEW

Acquire two adjacent industrial buildings on two separate legal parcels in Downtown Los Angeles. This offering totals approximately 16,185 SF of building area on 19,939 SF of land and combines vacant space for an owner-user with existing income from the neighboring tenant-occupied building. 777 Stanford Avenue features approximately 8,685 SF of building area on an 11,685 SF lot and is currently vacant, offering an opportunity for immediate owner occupancy or leasing. Reported features include bow-truss warehouse construction, a clear height of up to 21 feet, ground-level loading, and approximately 800-amp electrical service. 777½ Stanford Avenue comprises approximately 7,500 SF of building area on an 8,254 SF lot and is tenant-occupied. A buyer can occupy the vacant building while retaining rental income from the adjacent property, or lease both buildings as an investment. Separate parcels provide long-term flexibility to hold both properties, evaluate future expansion, or pursue the sale of one building and its associated parcel, subject to applicable requirements and existing lease obligations. Located within Downtown Los Angeles’ established industrial and wholesale business environment, the properties offer access to the Fashion/Garment District, Arts District, Alameda Street industrial corridor, and regional freeways, including I-10, I-5, US-101, and I-110.

FOR SALE DETAILS

PRICE

$5,500,000 USD

PRICE/SF

$325 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1965

UTILITIES

-

CLEAR CEILING HT

12 Ft

DOCKS

-

DRIVE INS

2

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.27

LAND SF

11,685

ZONING

LAM2

APN/PARCEL ID

5146-028-036,5146-028-039

ASK ABOUT THIS PROPERTY

Jeff ParkDream Realty Asset Management, Inc.More Info
818-585-3412

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Jeff ParkDream Realty Asset Management, Inc.More Info
818-585-3412

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