CLOSED ESCROW

INDUSTRIAL OFFERING

5216 Venice Boulevard

LOS ANGELES, CA 90019

PRICE:

PRICE/SF:

CAP RATE:

BUILDING SF:

LOT SF:

YEAR BUILT:

$925,000

$366

N/A

2,526

3,899

1957

DEAL HIGHLIGHTS​:

  • Sold $100,000 Over List Price

  • Owner User Buyer

  • Prime Los Angeles Location

  • Multiple Offers

 

ASSET HIGHLIGHTS

  • Owner/User

  • High Traffic Counts On Venice Boulevard

  • SBA Loan

  • Bordered by Wilshire's Miracle Mile

  • Live/Work Space

  • Creative Office Space/Kitchen/Full Bathroom

  • Secured Parking

  • High Ceilings

THE ASSET

The Hirth Group is pleased to present 5216 Venice Boulevard in Los Angeles, California.  This unique investment offers the rare opportunity for an investor to acquire an existing industrial warehouse/office facility.  The offering is comprised of approximately 2,526-square feet of building on 3,899-square feet of land. 

 

Located on the heavily trafficked thoroughfare of Venice Boulevard the property has excellent visibility and boasts easy access to the 10 freeway.  Ideally located, this burgeoning neighborhood’s infrastructure has seen an unprecedented resurgence within the last few years. The building has ample office space, high ceilings, a kitchen, secured parking, and a full bathroom.  These key components contribute to the property’s flexibility for a wide range of potential uses and make it fitting for a live/work space.  The property is also strategically positioned for an owner/user to take advantage of the very attractive Small Business Administration financing with as little as ten percent down.

 

Traffic counts along the busy Venice Boulevard are approximately 35,000 to the east and 35,000 to the west.  The population within one-mile is a dense 45,441 and 365,576 within three-miles.

GET IN TOUCH:

NEVER MISS A LISTING:

Tel: 310-300-2838

daniel@hirthgroup.com

2701 Ocean Park Blvd #140

Santa Monica, CA 90405

© 2017 by THE HIRTH GROUP

KW Commercial CAL DRE 01499010