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26426756
26426762

11751 Mississippi Ave, Los Angeles, CA 90025

JW
CA CA 00883324
Lee & Associates - Los Angeles - West
Lee & Associates - Los Angeles - West
Listed by Lee & Associates - Los Angeles - West
$6,750,000
287 days on market
Updated 62 days ago

11751 Mississippi Ave

Details
Property Type Office, Industrial
Sub Type Executive Office, Flex (+1)
Square Footage 10,094
Net Rentable (SqFt) 5,322
Tenancy Multi
Price per SqFt $768
Acreage 0.360
Zoning M2-2
Parking Spaces 14 spaces
Parking Per SqFt 1.39
Investment Type Owner/User

Office | 10,094 SqFt

Marketing description

Lee & Associates, Los Angeles West, Inc. is pleased to present the opportunity to acquire the real property and all improvements thereon located at 11751 Mississippi Avenue, Los Angeles, CA 90025 (the “Property”). This property consists of a multi-unit, approximately +/-10,094 SF of creative/flex building on +/-15,682 SF of land including the surface parking lot which has 14 parking spaces. The property was originally constructed in the late 1940’s and has most recently been occupied as creative office and flex space. The key features of the Property are the combination mid-century elements with factory style elements, creating a tremendous sense of volume throughout. 11751 Mississippi Avenue is conveniently located between Riot Games headquarters and the Olympic Corridor minutes from freeway access and walking distance to the Bundy Expo Line station. The Property creates an opportunity for both owner-users and investors to ac-quire a premier property for occupancy, partial occupancy or for a straightforward invest-ment with fully updated units. The proximity to premier West Los Angeles and Sawtelle amenities, restaurants and nightlife, and multiple light rail stops, makes this a long-term value add opportunity for an investor or owner-user.

Investment highlights

  • Multi-Tenant Creative Office / Flex Building Located in the Heart of West Los Angeles
  • 5,322 SF Can be Delivered Vacant for Owner User
  • In Place Cash Flow
  • Exposed Wood Beam Ceilings
  • Polished Concrete Floors
  • Offices and Open Work Space
  • Ample Natural Light
  • Private Back Unit Creative Space
  • Private Outdoor Patio Space
  • Close to a Variety of World Class Eateries Along Sawtelle Boulevard
  • Easy Access to 10 and 405 Freeways
  • Walking Distance to Metro Expo Line

Listing Contacts

JW
CA CA 00883324
Lee & Associates - Los Angeles - West
Lee & Associates - Los Angeles - West
Listed by Lee & Associates - Los Angeles - West

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Additional Information

Name
James Wilson
License
CA 00883324
Brokerage
James Wilson
Title
Partner
Brokerage Address
1508 17th Street
Name
Aleks Trifunovic, SIOR
License
01363109
Brokerage
Lee WestLA
Brokerage Phone
3108992700
Title
Principal
Brokerage Address
1508 17th Street
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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