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18302549
18302548

2010 W 62nd St, Los Angeles, CA 90047

DH
CA 02000676
Thompson Team Real Estate
Listed by Thompson Team Real Estate
$3,999,999
16 days on market
Updated 16 days ago
Opportunity zone

2010 W 62nd Street - Warehouse

Details
APN 6001-020-015, 6001-020-017, 6001-020-016
Property Type Industrial
Sub Type Distribution, Manufacturing (+1)
Square Footage 26,114
Net Rentable (SqFt) 26,114
Units 11
Cap Rate 5.00%
Tenancy Multi
Lease Type Modified
Rent Bumps Yes
Pro-Forma Cap Rate 5.63%
Pro-Forma NOI $225,118
Price per SqFt $153
Broker Co-Op Yes
Class C
Year Built 1926
Buildings 1
Stories 2
Lot Size (SqFt) 28,740
Zoning M1
Parking Spaces 20 spaces
Parking Per SqFt 0.77
Investment Type Stabilized
Occupancy Date 06/13/2024
Ground Lease No
Dock High Doors 2

26,000 Sqaure Foot Industrial Building with a Gated Parking Lot

Marketing description

Thompson Team Real Estate is proud to exclusively offer this amazing commercial property in South Los Angeles! This property is a two-story brick construction building that is perfect for distribution, manufacturing, and storage. It is located on a corner lot, which makes it easily accessible and highly visible. This property also boasts a gated 10,000 square foot parking lot with an automatic gate for added security, ensuring that your valuable assets are protected at all times. The ground roll-up door and dock high roll-up doors provide easy access for loading and unloading. Additionally, the working freight elevators make it easy to transport heavy goods to and from the upper level of the building. One of the most attractive features of this property is the paid off solar panels, which significantly reduce energy costs and add value to the property. The property also has a value-add opportunity to convert it into a one or two-tenant building, providing flexibility to suit your business needs. Property also has a clean phase 1. Overall, this property is perfect for businesses that require ample space and security for their operations. Don't miss this opportunity to own this exceptional property in South Los Angeles!

Investment highlights

  • Gated 10,000 square foot parking lot with an automatic gate for added security

  • Two-story brick construction building

  • Paid off solar panels

  • Ground roll-up door and dock high roll-up doors for easy loading and unloading

  • Value add opportunity to convert the property into a one or two-tenant building

  • Working freight elevators for easy transportation of goods

  • Located on a corner lot in South Los Angeles

  • Ideal for distribution, manufacturing, and storage businesses

Listing Contacts

DH
CA 02000676
Thompson Team Real Estate
Listed by Thompson Team Real Estate

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