Listed by Lee & Associates - Los Angeles - Downtown
$2,511,000
650 East 16th Street
Details
Property Type Industrial
Sub Type Warehouse
Square Footage 31,000
Tenancy Single
Rent Bumps No
Class B
Investment Type Owner/User
Tenant Credit No Credit Rating
Ground Lease No
Ownership Fee Simple
Industrial | 31,000 SqFt
Marketing description
Call brokers for commission information. Buyer to verify all including building/land square footage, permitted office size, dates of construction, clear height, power, sprinkler calculation, zoning, permitting and permitted uses, ADA compliance, parking, building and roof condition, HVAC, access, encroachments, floor load and taxes. Buyer to obtain business license and confirm zoning and use prior to waiver of contingencies. Seller to verify all tax implications of the sale with the accountant or attorney of their choice.
Investment highlights
- Motivated Seller
- Amazing Owner-User Purchase Opportunity
- Long Term Ground Lease from Cal Trans - Minimal Lease Rate Very Clean, Functional, Maintained Industrial/Flexible Space
- First Time on Market in Over 20 Years
- Fenced Parking
Listing Contacts
Listed by Lee & Associates - Los Angeles - Downtown
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