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3393 - 3395 Livonia Ave

2,602 SF Industrial Building Los Angeles, CA 90034 $999,000 ($384/SF)

Investment Highlights

  • One block 10 freeway on/off ramp at Robertson / National Blvd - Delivered Vacant
  • Walking distance to numerous restaurants, HBO, Apple, Starbucks and downtown Culver City.
  • $185 PSF Land Value!
  • Excellent for contractor, storage or small development - 7,5234 SF of land!
  • Sale is subject to Court confirmation and overbid hearing

Executive Summary

Approx. 2,602 SF duplex on approx. 7,534 SF industrial zoned lot in the SoRo (South Robertson) neighborhood. Zoned for light industrial, perfect for a variety of commercial uses. Suitable for use as a contractor's yard, outdoor storage or showroom, or as a small development site. Ideal for owner-user or investment opportunity. Immediately adjacent to the 10 freeway off-ramp and 1 block from the 10 freeway on-ramp at Robertson Blvd + National Blvd. Located in a growth area within walking distance to Downtown Culver City, the Metro Station at National + Washington with light rail service to Santa Monica + Downtown LA, and the Platform, which features several 5-star restaurants, including Margo. Corporate neighbors include Nike, HBO (New Headquarters), Apple, Amazon, Sony + NPR Studios.

Financial Summary (Pro forma - 2024)

Annual Annual Per SF
Gross Rental Income $144,000 $55.34
Other Income - -
Vacancy Loss - -
Effective Gross Income $144,000 $55.34
Taxes $15,000 $5.76
Operating Expenses $2,500 $0.96
Total Expenses $17,500 $6.73
Net Operating Income $126,500 $48.62

Financial Summary (Pro forma - 2024)

Gross Rental Income
Annual $144,000
Annual Per SF $55.34
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $144,000
Annual Per SF $55.34
Taxes
Annual $15,000
Annual Per SF $5.76
Operating Expenses
Annual $2,500
Annual Per SF $0.96
Total Expenses
Annual $17,500
Annual Per SF $6.73
Net Operating Income
Annual $126,500
Annual Per SF $48.62

Property Facts

Price $999,000
Price Per SF $384
Sale Type Investment or Owner User
Sale Conditions Distress Sale
Property Type Industrial
Property Subtype
Showroom
  • Flex Showroom
Building Class C
Lot Size 0.17 AC
Rentable Building Area 2,602 SF
No. Stories 2
Year Built 1960
Tenancy Single
Parking Ratio 5.76/1,000 SF
Clear Ceiling Height 8 FT
Cross Streets Robertson

Amenities

  • Metro/Subway
  • Yard

Utilities

  • Lighting
  • Water
  • Sewer
  • Heating
Walk Score ®
Walker's Paradise (91)
Bike Score ®
Very Bikeable (85)
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.®

zoning

Zoning Code M1 (M1 - please verify)
M1 (M1 - please verify)
  • Listing ID: 31494456

  • Date on Market: 4/12/2024

  • Last Updated:

  • Address: 3393 - 3395 Livonia Ave, Los Angeles, CA 90034

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