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- LoopNet Team
3520 W Washington Blvd
Los Angeles, CA 90018
Retail Property For Sale
PROPERTY FACTS
- 107 FT on W Washington Blvd
- 151 FT on 6th Ave
Amenities
- 24 Hour Access
- Corner Lot
- Signage
About 3520 W Washington Blvd , Los Angeles, CA 90018
Excellent Mid-Cities Location • Ideally located on the southeast signalized corner of Washington Boulevard and 6th Avenue in the heart of the Mid-Cities, a high growth sub-market known for its dense and diverse population • Located just north of the Interstate 10 Santa Monica Freeway, with excellent access to all major freeways • Centrally located with easy access to downtown Los Angeles, Mid-Wilshire, Koreatown, the Westside of Los Angeles, and all major airports Multi-Tenant Retail Building with Significant Rental Upside • 100% current occupancy at below market rents • Units along Washington Boulevard averaging $1.57 per square foot, allowing for rental upside at lease rollover • Ideal unit sizes fronting Washington Boulevard of 1,260 square feet, allowing for ease of leasing and minimal downside or costs between tenants • Significant rental upside in the space along 6th Avenue Ideal Owner-User or Investment Opportunity • Flexibility in leases allow an Owner-User Buyer to occupy a portion of the building and generate income from the remaining tenants • Solid rental upside allows an investor to re-position the asset and create a significant cash flow in an emerging Los Angeles sub-market Strong Immediate Demographics • Over 1,350,000 people within a five mile radius • Average household income of over $40,000 • Divers population mix • Strong local economy spread over a multitude of diverse sectors
PROPERTY TAXES
Parcel Number | 5060-023-004 | Improvements Assessment | $353,482 |
Land Assessment | $1,006,251 | Total Assessment | $1,359,733 |
PROPERTY TAXES
Learn More About Investing in Retail Properties
Listing ID: 15282465
Date on Market: 2/26/2019
Last Updated:
Address: 3520 W Washington Blvd, Los Angeles, CA 90018
The Retail Property at 3520 W Washington Blvd, Los Angeles, CA 90018 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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