4800 San Vicente BlvdLos Angeles, CA 90019

  • Industrial properties
  • 22,706 SF
For Sale

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
4800 San Vicente Blvd, Los Angeles, California

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

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
$28,414
$1,301,609
$806,299
$2,107,908
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