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5067 W Washington Blvd
Los Angeles, CA 90016

Flex Property For Sale

PROPERTY FACTS

Property Type Flex
Property Subtype
Showroom
  • OfficeLoft Creative Space
Building Class C
Lot Size 0.14 AC
Rentable Building Area 8,976 SF
No. Stories 2
Year Built 1997
Parking Ratio 1.13/1,000 SF
Clear Ceiling Height 17’
No. Drive In / Grade-Level Doors 1

Amenities

  • Fenced Lot
  • Air Conditioning

About 5067 W Washington Blvd , Los Angeles, CA 90016

Floyd Shaheen of Marcus & Millichap in collaboration with Timothy Di Prizito of Coldwell Banker/Global Luxury Real Estate have been selected to exclusively market for sale 5067 West Washington Boulevard, an approximately 8,976 square foot two story building, creative office /warehouse space, ideally located in the highly sought-after Mid-City corridor. West Washington Boulevard in Mid-City is one of the great untapped neighborhoods in Los Angeles that has had a rich history as an epi-center for creativity and commerce. The irreplaceable location is within minutes of the Culver City downtown revitalization and downtown Los Angeles. This brick building was constructed in 1997 and includes all of the amenities essential to running a thriving business. This is a rare opportunity to acquire a turn-key creative office building with the convenience of on-site secured parking in an area experiencing extensive growth and development. 5067 West Washington Boulevard presents the opportunity to purchase in a truly locally-renowned location that is seeing explosive growth. High ceilings, multiple entry points to the building, and easy access to on-site parking combine to offer unlimited flexibility with this building. The first story is comprised mostly of warehouse space with 17-foot ceilings and a 9-foot electric roll up door for convenient access; the second story is made up of recently renovated open office space and executive office suites. The rental market is on pace to experience significant growth here and offer outstanding long-term returns for investors. There has been a significant amount of movement and turnover within this specific marketplace, creating an opportunity for new concepts to enter the market and position this submarket for the future. All information to be verified by buyer.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
5067-016-017
Land Assessment
$3,570,000
Improvements Assessment
$612,000
Total Assessment
$4,182,000

zoning

Zoning Code LAC2 (Commercial)
LAC2 (Commercial)
  • Listing ID: 10811689

  • Date on Market: 11/30/2017

  • Last Updated:

  • Address: 5067 W Washington Blvd, Los Angeles, CA 90016

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