Small Commercial Building | 4505 Exposition Blvd
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Small Commercial Building 4505 Exposition Blvd
1,772 SF Retail Building Los Angeles, CA 90016 $1,495,000 ($844/SF)
Investment Highlights
- Great Owner-User Opportunity
- Free Standing Building
- Investment Opportunity - Possibility for two tenant to occupy
Executive Summary
Prime owner-user or investment opportunity commercial building located in the West Adams district. Located close to Culver City and Downtown Los Angeles, this area displays a thriving economy with strong market fundamentals with new multiple family development and favorable demographics. This is a freestanding 1,772 SF, single story commercial building, situated on a 5,427 square foot lot zoned C1.5-1-CPIO. It includes a carport and open storage yard. This building will be delivered vacant at the close of escrow. This building would be great for an owner user business that needs to park equipment and trucks on the property. The building was originally designed for two tenants, with separate address 4505 and 4507 W Exposition, this situation would be ideal for an owner-use to collect additional
income.
income.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
1,772 SF
Building Class
C
Year Built
1925
Price
$1,495,000
Price Per SF
$844
Tenancy
Single
Building Height
1 Story
Building FAR
0.33
Lot Size
0.12 AC
Opportunity Zone
Yes
Zoning
LAC1.5
Parking
6 Spaces (3.39 Spaces per 1,000 SF Leased)
Frontage
41 FT on West Exposition Boulevard
Amenities
- 24 Hour Access
- Bus Line
Walk Score®
Very Walkable (79)
Bike Score®
Very Bikeable (77)
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 5046-009-044 | Improvements Assessment | $16,790 |
Land Assessment | $36,508 | Total Assessment | $53,298 |
PROPERTY TAXES
Parcel Number
5046-009-044
Land Assessment
$36,508
Improvements Assessment
$16,790
Total Assessment
$53,298
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Small Commercial Building | 4505 Exposition Blvd
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