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2000-2010 W 62nd St

26,710 SF 100% Leased Industrial Building Los Angeles, CA 90047 $4,499,998 ($168/SF) 5% Cap Rate

Investment Highlights

  • Gated Parking Lot
  • Loading Docks
  • Clean Environmental
  • Corner Lot

Executive Summary

Thompson Team Real Estate is proud to exclusively offer this amazing commercial property in South Los Angeles! This property is a two-story brick construction building that is perfect for distribution, manufacturing, and storage. It is located on a corner lot, which makes it easily accessible and highly visible. This property also boasts a gated 10,000 square foot parking lot with an automatic gate for added security, ensuring that your valuable assets are protected at all times. The ground roll-up door and dock high roll-up doors provide easy access for loading and unloading. Additionally, the working freight elevators make it easy to transport heavy goods to and from the upper level of the building. One of the most attractive features of this property is the paid off solar panels, which significantly reduce energy costs and add value to the property. The property also has a value-add opportunity to convert it into a one or two-tenant building, providing flexibility to suit your business needs. Property also has a clean phase 1. Overall, this property is perfect for businesses that require ample space and security for their operations. Don't miss this opportunity to own this exceptional property in South Los Angeles!

Financial Summary (Pro forma - 2024) Click Here to Access

Annual Annual Per SF
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Pro forma - 2024) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual $99,999
Annual Per SF $9.99
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

Property Facts

Price $4,499,998
Price Per SF $168
Sale Type Investment or Owner User
Cap Rate 5%
Property Type Industrial
Property Subtype
Warehouse
  • Industrial Distribution
  • Industrial Manufacturing
  • Office Industrial Live Work Unit
Building Class B
Lot Size 0.54 AC
Rentable Building Area 26,710 SF
No. Stories 2
Year Built 1926
Parking Ratio 1.05/1,000 SF
Clear Ceiling Height 16 FT
No. Dock-High Doors/Loading 1
No. Drive In / Grade-Level Doors 2
Opportunity Zone Yes

Amenities

  • 24 Hour Access
  • Bus Line
  • Fenced Lot
  • Yard
  • Recessed Lighting
  • Air Conditioning

Utilities

  • Gas - Natural
  • Water - City
  • Sewer - City

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 6001-020-015
  • 6001-020-017
  • 6001-020-016
Land Assessment
$1,026,176
Improvements Assessment
$543,259
Total Assessment
$1,569,435
Annual Taxes
($1) ($0.00/SF)
Tax Year
2024

zoning

Zoning Code M1-1-CPIO (The Zoning has recently changed to Compatible Industrial which allows up 20% of the rentable square footage to be converted to residential use, CPIO)
M1-1-CPIO (The Zoning has recently changed to Compatible Industrial which allows up 20% of the rentable square footage to be converted to residential use, CPIO)
  • Listing ID: 32124471

  • Date on Market: 6/13/2024

  • Last Updated:

  • Address: 2000-2010 W 62nd St, Los Angeles, CA 90047

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