4800 San Vicente BlvdLos Angeles, CA 90019
- Industrial properties
- 22,706 SF
Property Details for 4800 San Vicente Blvd
- Year built
- 1956
- Construction
- TILT-UP CONCRETE
- Lot size
- 0.70 AC
- Property size (Sq ft)
- 22,706 SF
- Zone code
- LAC2
- Property type
- Industrial properties
- Property subtype
- Manufacturing properties
- APN
- 5070-004-026
- APU
- 5070004026
Description
This exceptional ±22,706 square foot flex building presents a unique investment opportunity in Los Angeles' vibrant Mid-City neighborhood. Situated on a sizable ±30,611 square foot lot, the property boasts a single-story structure built in 1956, featuring a 16-foot ceiling height. The C2-1-O zoning allows for a wide range of uses, including the potential for approximately 130 by-right residential units, capitalizing on the area's high rental demand. The existing building comprises approximately 3,600 square feet of office space, a 17,806 square foot warehouse with 16-foot clearance, and 1,300 square feet of cold storage. A 1,220 square foot mezzanine provides additional space. The property benefits from a robust electrical system, including a Square D switch capable of supporting up to 400 amps at 240 volts, ideal for businesses with significant energy needs. Its prime location offers easy access to major employers in Downtown LA, Century City, and Santa Monica, and enjoys high visibility with approximately 32,083 average annual daily traffic. This owner-user or redevelopment opportunity is situated in a thriving area known for its premium rental rates and diverse amenities. The APN is 5070-004-026. This is a rare chance to acquire a well-positioned asset with significant upside potential.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $7,530,233
- Hospitality
- $6,897,653
- Educational
- $5,738,766
- Medical
- $5,936,132
- Retail
- $8,926,970
Location Insight
- City
- Los Angeles
- County
- Los Angeles
- State
- California
- Latitude
- 34.0488
- Longitude
- -118.341
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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