2523-2525 W Washington Blvd
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2523-2525 W Washington Blvd
13,300 SF Retail Building Los Angeles, CA 90018 $4,425,000 ($333/SF)
Investment Highlights
- Motivated seller: $333 per SF! Price reduced, motivated seller
- Modern/contemporary creative loft space with exposed brick, high ceiling, skylights and wooden bow truss
- Consists of 11,800 SF (89%) ground floor space, and 1,500 SF (11%) mezzanine space
- Owner/user or value-add investment opportunity: all existing leases are short term or MTM—occupy all or part
- Interior parking for 6-8 cars
Executive Summary
Former 1920 Cadillac showroom, fully renovated in 2015 - ideal for an owner/user! Divided into (8) spacious creative lofts with private interior parking for up to 6 cars (or 8-10 cars if parked in tandem). The interior parking area is accessible through an interior driveway accessed through a secure gate via the curb cut on W Washington Blvd at the front of the building.
The building is approximately 13,300 SF total, which includes the indoor parking area. Consists of 11,800 SF (89%) ground floor space, and 1,500 SF (11%) mezzanine. If suite 107 in the back of the floor plan is used for parking (as it currently is), the remaining RSF is approximately 8,000 SF (excluding common areas).
The western portion of the property (which was once a separate structure) has a higher ceiling than the eastern portion, and measures 16'4" to the bottom of the beams, and 23'4" to the top of the bow truss. The suites along the western portion of the building have a mezzanine. The suites along the east portion of the property do not have mezzanines, and their ceiling heights measure between 11' to 12'3".
The current gross monthly rent is $18,900 per month at 75% occupancy, excluding the interior driveway and parking areas. The existing tenants are all short-term, so the building can be delivered vacant at close of escrow if required by buyer. Electricity is separately metered, water is master-metered. Call broker for more information or to schedule a tour.
The building is approximately 13,300 SF total, which includes the indoor parking area. Consists of 11,800 SF (89%) ground floor space, and 1,500 SF (11%) mezzanine. If suite 107 in the back of the floor plan is used for parking (as it currently is), the remaining RSF is approximately 8,000 SF (excluding common areas).
The western portion of the property (which was once a separate structure) has a higher ceiling than the eastern portion, and measures 16'4" to the bottom of the beams, and 23'4" to the top of the bow truss. The suites along the western portion of the building have a mezzanine. The suites along the east portion of the property do not have mezzanines, and their ceiling heights measure between 11' to 12'3".
The current gross monthly rent is $18,900 per month at 75% occupancy, excluding the interior driveway and parking areas. The existing tenants are all short-term, so the building can be delivered vacant at close of escrow if required by buyer. Electricity is separately metered, water is master-metered. Call broker for more information or to schedule a tour.
Data Room Click Here to Access
- Offering Memorandum
Financial Summary (Actual - 2025) 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 (Actual - 2025) 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
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
13,300 SF
Building Class
C
Year Built/Renovated
1907/2016
Price
$4,425,000
Price Per SF
$333
Tenancy
Multiple
Building Height
1 Story
Building FAR
1.13
Land Acres
0.27 AC
Zoning
LACM - Commercial Manufacturing
Parking
8 Spaces (0.6 Spaces per 1,000 SF Leased)
Frontage
74 FT on W Washington Blvd
Space Availability
- Space
- Size
- Space Use
- Position
- Available
Contact broker to show.
Mezzanine space. - APX. 800 SF - Creative Studio - Open Floor Plan - Hardwood Flooring - Natural Light - Exposed Wood Ceiling
Space | Size | Space Use | Position | Available |
101 | 2,100 SF | Office/Retail | - | Now |
201 | 800 SF | Office | - | Now |
101
Size |
2,100 SF |
Space Use |
Office/Retail |
Position |
- |
Available |
Now |
201
Size |
800 SF |
Space Use |
Office |
Position |
- |
Available |
Now |
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101
Size | 2,100 SF |
Space Use | Office/Retail |
Position | - |
Available | Now |
Contact broker to show.
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201
Size | 800 SF |
Space Use | Office |
Position | - |
Available | Now |
Mezzanine space. - APX. 800 SF - Creative Studio - Open Floor Plan - Hardwood Flooring - Natural Light - Exposed Wood Ceiling
Walk Score ®
Very Walkable (85)
PROPERTY TAXES
Parcel Number | 5072-030-003 | Total Assessment | $2,014,683 (2024) |
Land Assessment | $1,531,766 (2024) | Annual Taxes | ($1) ($0.00/SF) |
Improvements Assessment | $482,917 (2024) | Tax Year | 2025 |
PROPERTY TAXES
Parcel Number
5072-030-003
Land Assessment
$1,531,766 (2024)
Improvements Assessment
$482,917 (2024)
Total Assessment
$2,014,683 (2024)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025
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3D TOUR
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STREET
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2523-2525 W Washington Blvd
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