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1700 Griffith Ave

4,080 SF Industrial Building Los Angeles, CA 90021 $2,699,981 ($662/SF)

Showrooms California Los Angeles 1700 Griffith Ave, Los Angeles, CA 90021

Investment Highlights

  • Leased Investment; NNN Lease; $10,609 Per Month
  • 3 Yrs on the Current Lease; 5 Yr Lease Option w/3% Annual Increases
  • Large Fenced Secured Yard
  • Annual Net Income $127,308; 3% Annual Increases
  • Excellent Building

Executive Summary

Parking for Trucks & Cars; High Visibility from 10 Freeway; 550,000 cars daily. Finished Mezzanine Office / Storage 600 sq. ft. not included in the square footage of building. Parking and yard area is concrete.

Attachments

1700GriffithAv-Brochure

Property Facts

Price $2,699,981 No. Stories 1
Price Per SF $662 Year Built 1993
Sale Type Investment or Owner User Tenancy Single
Property Type Industrial Parking Ratio 0.98/1,000 SF
Property Subtype Showroom Clear Ceiling Height 24 FT
Building Class C No. Drive In / Grade-Level Doors 1
Lot Size 0.17 AC Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Rentable Building Area 4,080 SF
Price $2,699,981
Price Per SF $662
Sale Type Investment or Owner User
Property Type Industrial
Property Subtype Showroom
Building Class C
Lot Size 0.17 AC
Rentable Building Area 4,080 SF
No. Stories 1
Year Built 1993
Tenancy Single
Parking Ratio 0.98/1,000 SF
Clear Ceiling Height 24 FT
No. Drive In / Grade-Level Doors 1
Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Amenities

  • Fenced Lot
  • Mezzanine
  • Yard
1 of 1
Walk Score ®
Very Walkable (87)
Transit Score ®
Excellent Transit (75)
Bike Score ®
Very Bikeable (77)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

PROPERTY TAXES

Parcel Number 5131-002-021 Improvements Assessment $355,325
Land Assessment $384,912 Total Assessment $740,237

PROPERTY TAXES

Parcel Number
5131-002-021
Land Assessment
$384,912
Improvements Assessment
$355,325
Total Assessment
$740,237

zoning

Zoning Code M2
M2
(323) 767-2048

  • Listing ID: 29843991

  • Date on Market: 10/20/2023

  • Last Updated:

  • Address: 1700 Griffith Ave, Los Angeles, CA 90021

More public record information on 1700 Griffith Ave, Los Angeles, CA 90021

The Industrial Property at 1700 Griffith Ave, Los Angeles, CA 90021 is currently available For Sale. Contact Lee & Associates for more information.

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1700 Griffith Ave
(323) 767-2048 x

1700 Griffith Ave

Tim Wetzel

(323) 767-2048

(323) 767-2048

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