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CLOSED ESCROW

INDUSTRIAL

1840 WEST WASHINGTON BOULEVARD

LOS ANGELES, CA 90007

PRICE:

PRICE/SF:

BUILDING SF:

CAP RATE:

YEAR BUILT:

LOT SIZE:

​

​

$1,625,000

$144

11,284

2.38%

1910

11,486

DEAL HIGHLIGHTS​:

  • Multiple Offers

  • Sold $125,000 Above List Price

  • Close Proximity to USC/Downtown Los Angeles

 

ASSET HIGHLIGHTS

  • Owner/User

  • SBA Loan

  • Historic Washington Boulevard

  • Industrial/Warehouse/Manufacturing

  • Within Minutes Of Downtown Los Angeles

  • Easy Access to 10 Freeway

  • High Ceilings

  • Value-Add

THE ASSET

The Hirth Group is pleased to present 1840-1846 West Washington Boulevard in Los Angeles, California.  This unique investment offers the rare opportunity for an owner/user to acquire an existing industrial warehouse facility.  The offering is comprised of 11,284-square feet of building on 11,486 square feet of land. 

 

Located on the historic West Washington Boulevard, east of Normandie and west of Vermont, the property has excellent visibility on a retail/industrial corridor.  The subject property is also an excellent opportunity for a value-add investor to take advantage of the excellent location and large building size.  Ideally located, the property presents easy access to the 10 Freeway and is within minutes of Downtown Los Angeles.  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.

 

Daily traffic counts along the historic Washington Boulevard are approximately 28,000 vehicles per day.  The population within five-miles is a dense 1,300,298.

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