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947 venice boulevard
los angeles, ca 90015

Price: $6,300,000

Industrial Asset | Downtown Los Angeles

Ethan Donel, Alex Reyhan, and Daniel Hirth of the Hirth Group have been exclusively selected to market for sale 947-955 Venice Boulevard, Los Angeles, CA 90015 – a two story industrial property consisting of ±21,600 SF of building on an estimated 10,859 SF lot. Built in 1958, the building is block/stucco construction, with ±3,000 SF of office space, 2,500 lbs. freight elevator, high ceilings, 3 phase power, skylight fans, kitchenette, multiple bathrooms, a reception area, large windows on the façade, and an open floor plan. The property benefits from great freeway access such as the Santa Monica (I-10) Freeway and Harbor (110) Freeway.

 

947-955 Venice Boulevard allows an owner/user or investor to capitalize on the extremely tight vacancy rates and demand for industrial space in the submarket. This opportunity is ideal for an owner user to take advantage of SBA financing with as little as 10% down while owning industrial real estate in a great pocket of downtown LA.

 

Downtown Los Angeles is the central business district of Los Angeles, California, as well as a diverse residential and commercial neighborhood. Minutes way from LA Live, which includes Crypto.com arena, Convention Center, Microsoft Theater & many other national tenants. The subject property is located within a State Enterprise Zone and an Opportunity Zone, which incentivizes investors and business owners with a variety of tax benefits provided certain conditions are met.

 

 

* Buyer to verify State Enterprise Zone/Opportunity Zone with Los Angeles City.

Fantastic Owner/User Opportunity | SBA Financing with as little as 10% Down | State Enterprise Zone & Opportunity Zone
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Daniel Hirth

Managing Director

310.300.2838 Direct

Daniel@HirthGroup.com

License CA: 01515796

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Alex Reyhan

Vice President

310-300-3181 Direct

Alex@HirthGroup.com

License CA: 02005428

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Ethan Donel

Senior Associate

310-300-3179 Direct

Ethan@HirthGroup.com

License CA: 02059315

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