5519 Washington BlvdLos Angeles, CA 90016

Property Details for 5519 Washington Blvd

Year built

1939

Property size (Sq ft)

7,352 SF

Property type

Warehouses

Property subtype

Office properties

Description

This exceptional 7,352 square foot mixed-use property at 5519-5521 Washington Blvd, Los Angeles, CA 90016, presents a unique investment opportunity. Built in 1939 and renovated in 1950, this commercially zoned (LA C2-1VL-CPIO) building offers versatile space ideal for creative office, warehouse, showroom, or retail uses. The property sits on a 13,166 square foot lot, with a land value of $2 per square foot. The asking price is $5,000,000, translating to $680.09 per square foot. Eight secure, gated parking spaces are included. Its prime location, three blocks east of Fairfax Avenue, two miles south of LACMA and the Miracle Mile, and just north of the Santa Monica (I-10) Freeway, offers unparalleled access and visibility. The property is also conveniently located minutes from Culver City. Further enhancing its appeal, this property is designated a Qualified Opportunity Zone, providing significant tax benefits for investors. The existing structure presents immediate use potential, while the substantial lot size also offers future development possibilities. APN: 5064-017-003,019.

Location Insight

City

Los Angeles

County

Los Angeles

State

California

Latitude

34.0375

Longitude

-118.364

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].