Description
Maher Commercial Realty is pleased to present this rare opportunity to purchase a renovated manufacturing/warehouse building near Downtown Los Angeles at only $328/SF. Situated in a designated Qualified Opportunity Zone with great tax benefits. This refurbished building includes a new roof, fresh paint and updated electrical. The interior offers polished concrete flooring, 17’ ceiling height, 800 AMP power service and one dock high loading door. Excellent visibility with 80’ frontage on Pico Blvd. and 106’ frontage on Velasco Street.
Great location a the northwest corner of Pico Blvd. and Velasco Street just one block south of Olympic Blvd. and one block east of Lorena Street. Minutes from Downtown Los Angeles and a half mile south of the Golden State Freeway (I-5).
Property Features:
- List Price: $2,100,000
- Building Size: 6,400 Sq.Ft.
- Lot Size: 8,450 Sq.Ft.
- Office Sq.Ft.: 400
- Price Per Sq.Ft.: $328.00
- Year Built: 1953
- Construction: Masonry
- Parking: 7-8 Vehicles
- Ceiling Height: 17′
- Power: 800 AMPS
- Dock High Loading: 1:10×15
- Sprinklered: No
- Zoning: LAM2-2
