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718 Gladys Ave

18,000 SF Vacant Industrial Building Los Angeles, CA 90021 $7,500,000 ($417/SF)

Executive Summary

Rare opportunity to purchase freestanding building in the Fashion District. 3 floors plus basement. No roll up doors. Elevator served. Exterior brick was “repointed” in 2023. Property has private & secure parking area. Seller is willing to leaseback the top floor (approx. 25%). Tours by appointment only, contact broker.

Property Facts

Price $7,500,000
Price Per SF $417
Sale Type Investment or Owner User
Property Type Industrial
Property Subtype Warehouse
Building Class C
Lot Size 0.32 AC
Rentable Building Area 18,000 SF
No. Stories 3
Year Built 1911
Parking Ratio 0.56/1,000 SF
Clear Ceiling Height 10 FT
No. Drive In / Grade-Level Doors 1
Opportunity Zone Yes

Amenities

  • Fenced Lot

Utilities

  • Lighting
  • Gas
  • Water
  • Sewer

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • Basement
  • 4,400 SF
  • Industrial
  • Full Build-Out
  • Now

First floor & basement space in 3-story building with a fenced yard

  • 1st Floor
  • 2,000 SF
  • Industrial
  • Full Build-Out
  • Now

First floor & basement space in 3-story building with a fenced yard

Space Size Space Use Condition Available
Basement 4,400 SF Industrial Full Build-Out Now
1st Floor 2,000 SF Industrial Full Build-Out Now

Basement

Size
4,400 SF
Space Use
Industrial
Condition
Full Build-Out
Available
Now

1st Floor

Size
2,000 SF
Space Use
Industrial
Condition
Full Build-Out
Available
Now

Basement

Size 4,400 SF
Space Use Industrial
Condition Full Build-Out
Available Now

First floor & basement space in 3-story building with a fenced yard

1st Floor

Size 2,000 SF
Space Use Industrial
Condition Full Build-Out
Available Now

First floor & basement space in 3-story building with a fenced yard

Walk Score ®
Very Walkable (89)
Transit Score ®
Excellent Transit (87)
Bike Score ®
Very Bikeable (75)
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.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
5146-001-030
Land Assessment
$3,162,000
Improvements Assessment
$1,708,500
Total Assessment
$4,870,500

zoning

Zoning Code M2-2D (General Manufacturing Zone)
M2-2D (General Manufacturing Zone)
  • Listing ID: 32123169

  • Date on Market: 6/13/2024

  • Last Updated:

  • Address: 718 Gladys Ave, Los Angeles, CA 90021

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