1314 James M Wood BlvdLos Angeles, CA 90015

  • Industrial properties
  • 7,250 SF
For Sale
$2,795,000 View listing

Property Details for 1314 James M Wood Blvd

Year built
1920
Construction
TILT-UP CONCRETE
Lot size
0.17 AC
Property size (Sq ft)
7,250 SF
Zone code
LACW
Property type
Industrial properties
Property subtype
Manufacturing properties
APN
5137-007-005
APU
5137007005

Description

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
1314 James M Wood Blvd, Los Angeles, California

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

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$27,654
$785,100
$1,445,041
$2,230,141
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