This exceptional 7,250-square-foot industrial property, located at 1314 James M Wood Blvd in Los Angeles, CA 90015, presents a rare owner-user opportunity. The single-story, 1920-built building sits on a 15,424-square-foot lot and boasts a 14-foot ceiling height, one loading dock, and is currently vacant, ready for immediate occupancy. Zoned C2(CW)-U/1.5, this versatile space is suitable for various uses, including flex, manufacturing, and warehouse operations, with the possibility of medical uses (buyer to verify). The property offers convenient access to both the 110 and 10 freeways and enjoys a prime location adjacent to LA Live. The asking price is $2,795,000, translating to $385.52 per square foot. The land value is assessed at $385.73 per square foot. This property is available for purchase individually or together with the adjacent parking lot (terms to be negotiated separately). A unique lease option with the right to buy is also available. The building's history includes use as a dental supply warehouse. Heavy power is available on-site. This is a truly unique opportunity to acquire a well-located, versatile industrial property in a thriving Los Angeles neighborhood.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
Alternative Use
Use
Valuation
Residential
$2,447,691
Hospitality
$2,242,072
Educational
$1,865,377
Medical
$1,929,531
Retail
$2,901,698
Location Insight
City
Los Angeles
County
Los Angeles
State
California
Latitude
34.0489
Longitude
-118.27
CBSA code
31080
CBSA name
LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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