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Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
32793739
21531368

2 Locations

DH
CA 02000676
Thompson Team Real Estate
Listed by Thompson Team Real Estate
$7,250,000
17 days on market
Updated 17 days ago

314 W. 58th St. & 5811 S. Broadway

Details
APN 5101-040-005, 5101-040-006
Property Type Industrial
Sub Type Manufacturing, Warehouse
Square Footage 51,372
Cap Rate 5.00%
Occupancy 60%
Tenancy Multi
Lease Type Modified
Pro-Forma NOI $310,069
Price per SqFt $141
Broker Co-Op Yes
Year Built 1926,1927
Buildings 2
Stories 2
Lot Size (SqFt) 27,964
Zoning M1
Investment Type Stabilized
Ground Lease No
Ceiling Height 12-16:12-14
Dock High Doors 2
Sale Condition 1031 exchange

Multi Tenant Industrial Buildings

Marketing description

Thompson Team Real Estate is proud to exclusively offer a unique commercial property with immense potential for customization and profitability. These two-story buildings features a ground roll-up door, truck dock, and major street frontage. It is conveniently located close to the 110 freeway, providing direct access to downtown Los Angeles and the Los Angeles docks. Currently, the building is divided into multiple units, making it a great investment opportunity for multiple tenants. However, the building can easily be converted back into a single or double-tenant space for one to two tenants. The property also includes a fully operational freight elevator with 24-hour access, allowing for easy transportation of goods and materials. In addition to its great location and versatile layout, this property also includes paid-off operational solar panels. This investment in renewable energy can save tenants significant amounts on energy costs, making the property even more attractive to potential tenants. The tenants in the building are either month-to-month or have a short amount of time left on their leases, providing flexibility for new owners to reposition the property as they see fit. Whether you are looking to invest in a high-potential commercial property or establish your business in a prime location, this property is a must-see. Don't miss out on the opportunity to own a profitable and environmentally conscious property. Schedule a viewing today and explore the possibilities!

Investment highlights

  • Address: 314 W 58th St
  • Year Built 1926
  • Clear Height 12-16FT
  • Building sqft 27,572 sqft
  • Lot SF 13,923
  • Address 5811 S. Broadway Ave
  • Year Built 1927
  • Clear Height 12-14 FT
  • Building sqft 23,600 sqft
  • Lot SF 14,074


Listing Contacts

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

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