915 Venice Blvd - Freestanding FOR SALE


Los Angeles, CA 90015- Pico-Union
$2,900,000 USD
323-452-6762
915 Venice Blvd, Los Angeles, CA for Sale
$2,900,000 USD
Freestanding - FOR SALE
1/5
null | Request Cap Rate

915 Venice Blvd
Los Angeles, CA 90015
Pico-Union


HIGHLIGHTS

  • Micro-fulfillment center, industrial showroom, light-distribution, fully temperature-controlled
  • $230,000,000 spent on groceries, apparel, pets, prescriptions, and other small goods within 1 mile!
  • $1,350,000 invested in capital improvements
  • Tax benefits of the DTLA Opportunity Zone
  • Located at the intersection of the 10 and 110 freeways, with quick access to 310,000 people within two miles
  • Strong 100% bonus depreciation components

OVERVIEW

Perfect for last-mile distribution, including a micro-fulfillment center with on-grade loading; extensive exterior and interior security systems (mag locks, cameras, key-card access, alarm system, and robust exterior lighting); and 3,200 square feet of fully temperature-controlled, clear-span space adjacent to the loading door, with power distributed for smart rack systems designed to maximize efficiency, speed, and storage density. The property also includes an additional 3,000 square feet programmed for packing and dispatch, supplemental storage, office space, a vault, four ADA-compliant restrooms, a staff locker room, and a staff kitchen. The building also functions as an exceptional industrial showroom, featuring stunning interior lighting, polished concrete floors, a secure lobby, and street-facing display wall and signage to support branding. This property further provides an owner-user or value-add investor the ability to leverage its Opportunity Zone location to reduce or eliminate capital gains taxes (consult a CPA), improve cash flow through application of newly reinstated 100% bonus depreciation to qualifying components of the property, and reduce operating costs through its LEED Silver–certified design.

FOR SALE DETAILS

PRICE

$2,900,000 USD

PRICE/SF

$465 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Nicest Flex Showroom on the Market!

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Day Care Center, Veterinarian/Kennel, Showroom

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1921

SPRINKLERS

-

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,405 SF

ZONING

M1-1, Los Angeles

APN/PARCEL ID

5135-030-012

ASK ABOUT THIS PROPERTY

Martin McDermottMethod CommercialMore Info
323-452-6762

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Martin McDermottMethod CommercialMore Info
323-452-6762

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