Description
30% leased at $2.25 per Sq.Ft. For sale or lease prime manufacturing/warehouse building near Downtown LA. This renovated gem features 7,000 Sq. Ft. with flexible divisions: Two 2,000 Sq. Ft. units (can be combined for a total of 4,000 Sq.Ft.) perfect for a multitude of retail or indoor shopping (swap meet) type uses and one 1,000 Sq. Ft. unit perfect for retail store, or other commercial or office type uses. Signalized intersection corner lot. Impressive 21′ Bow Truss ceilings and 13.5′ clearance. Equipped with 200 AMP power service. 2 roll-up doors for convenient access. Newly redone roof with a 5-Year Warranty. Frontage on W. 54th Street and Denker Avenue. Strategically located just one block east of Western Avenue and one block west of Normandie Avenue, minutes from Downtown LA, and 1.6 miles west of the 110 Freeway. Zoned LAC1 and in a TOC Tier 2 Zone, potential for building 28 units using TOC or pursuing 100% affordable projects.
Property Features:
- List Price: $1,595,000
- Building Size: 7,000 Sq.Ft.
- Lot Size: 6,969 Sq.Ft.
- Price Per Sq.Ft.: $227.86
- Year Built: 1921
- Construction: Precast Concrete
- Parking: None
- Ceiling Height: 21′
- Ceiling Clearance: 13.5′
- Power: 200 AMPS
- Loading Doors: 2
- Sprinklered: No
- Zoning: LAC1
- TOC: Tier 2
- APN: 5003-014-036
- Unit Mix:
- Two 2,000 Sq.Ft. Units: can be combined for a total of 4,000 Sq.Ft. (lease asking rate $1.50/SF/MG)
- One 1,000 Sq.Ft. Unit (lease asking rate $1.65/SF/MG)
