2815-2819 Southwest Dr, Los Angeles, CA 90043
Address: 2815-2819 Southwest Dr, Los Angeles, CA 90043 |
Square Footage: 6,497 |
EST $ 7,579.83 / Mo |
EST $90,958.00 / Yr |
$1.17 / Sq / Mo |
$14.00 / Sq / Yr |
Property Description
Floyd Shaheen of Marcus & Millichap has been selected to exclusively market for sale or lease 2815-2819 Southwest Drive. The property consists of two contiguous parcels totaling 9,604 square feet and there are three structures that total 6,497 square feet of creative office/warehouse/live-work space zoned LACM. Ideally located in the developing and highly sought-after Hyde Park neighborhood, Southwest Dr is in one of the great untapped neighborhoods in Los Angeles that backs up to abandoned railroad tracks which will be converted to a bike and pedestrian path. This area has had a rich history as an epi-center for production and manufacturing. The irreplaceable location is within minutes of the new 4-billion-dollar NFL stadium development in Inglewood and the residential revitalization of Ladera Heights. The main warehouse is a 4,000 square foot cinder block building constructed in 1970 that was completely upgraded to include a 3-phase 400amp Siemens electrical panel with an additional 200amp panel inside of the warehouse, office space, and 16-foot ceilings. The warehouse space includes about 285 square feet of office space, a restroom, and a roll up door for convenient access. This is a rare opportunity to acquire a turn-key creative office/warehouse/live work space with the convenience of on-site secured parking in an area experiencing extensive growth and development. 2815-2819 Southwest Drive presents the opportunity to purchase or lease a multi-purpose property that includes a fully rehabbed 1,000 square feet two bedroom/one bath house creating flexibility for an investor or owner/user. The smaller 1,497 square foot warehouse includes a roll up door and open space to serve as a warehouse or for light manufacturing. The warehouse and house have separate electric meters and gas meters. The entire property has been completely renovated and all major operating systems of the buildings have been upgraded. This property offers an investor the ability to subdivide the structures and rent out the space to multiple tenants. The rental market is on pace to experience significant growth here and offer outstanding long-term returns for investors. There has been a significant amount of movement and turnover within this specific marketplace, creating an opportunity for new concepts to enter the market and position this submarket for the future. All information to be verified by buyer.
Building Details
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Property Type:
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Industrial
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Subtype
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Warehouse
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Tenancy
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Building Type
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Industrial
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Year Bulit
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1948
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Building Height
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1 Story
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Building Size
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6,497 SF
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