1882 Washington BlvdLos Angeles, CA 90007

Property Details for 1882 Washington Blvd

Year built

1909

Construction

TILT-UP CONCRETE

Lot size

0.26 AC

Property size (Sq ft)

7,280 SF

Zone code

LACM

Property type

Retail properties

Property subtype

Retail space

APN

5075-028-008

APU

5075028008

Description

This exceptional 1,750-square-foot retail space is ideally located at 1882 W Washington Blvd in Los Angeles, California, zip code 90007. The property boasts a single-tenant occupancy, making it perfect for a variety of businesses. The building offers ample power with 200A/120-480V/3Ph/4W service, ensuring sufficient capacity for most commercial needs. Conveniently located, the property includes three parking spaces for customers and employees. The entire 1,750 square feet is currently vacant and ready for immediate occupancy. The property is zoned LA CM within Los Angeles County, providing flexibility for various commercial uses. This location offers excellent visibility and accessibility, making it an attractive opportunity for businesses seeking a high-traffic area. The property's size and amenities make it a highly desirable space for a wide range of retail ventures. Interested parties are encouraged to inquire for further details and leasing information. The property is available for lease.

• CAP approach

  CAP return

  Valuation

  6%

  $3,100,680

  6.5%

  $2,862,166

  7%

  $2,657,726

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,488,599

  Geo Method

  $3,488,599

• Alternative Use

  Use

  Valuation

  Residential

  $2,414,344

  Hospitality

  $2,211,526

  Educational

  $1,839,964

  Medical

  $1,903,243

  Retail

  $2,862,166

Location Insight

City

Los Angeles

County

Los Angeles

State

California

Latitude

34.0397

Longitude

-118.3

CBSA code

31080

CBSA name

LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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