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​:
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Multiple Offers
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Sold $125,000 Above List Price
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Close Proximity to USC/Downtown Los Angeles
ASSET HIGHLIGHTS
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Owner/User
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SBA Loan
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Historic Washington Boulevard
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Industrial/Warehouse/Manufacturing
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Within Minutes Of Downtown Los Angeles
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Easy Access to 10 Freeway
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High Ceilings
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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.