The Herman Company
Listed by The Herman Company
$3,495,000
1800 Grand Avenue
Details
APN 5126-026-007
Property Type Retail, Industrial
Sub Type Warehouse, Storefront
Square Footage 11,728
Tenancy Vacant
Year Built 1922
Stories 12
Lot Size (SqFt) 9,936
Zoning LA C2-2D-0-CPIO
Investment Type Owner/User
Ground Lease No
Ceiling Height 12
Sale Condition For sale by owner
Retail- 11,728 SqFt
Marketing description
11,728 SF freeway-visible freestanding warehouse available in Downtown Los Angeles. In business for more than two decades as the noted architectural salvage operation - Olde Good Things - the property offers investors a site with a proven track record as-is, complimented by significant upside through potential redevelopment. Situated adjacent to the 10 freeway's Grand Avenue exit, with traffic counts soaring above 300,000 cars per day. Ideal for an owner/user ready seeking immediate occupancy or an investor seeking a long-term asset destine to steadily accrue in value.
Investment highlights
- 9,936 SF Land Parcel
- APN: 5126-026-007
- Small Rear Yard
- Zoned LA C2-2D-0-CPIO
- Southeast Community Plan Implementation Overlay
- Allows for Possible Multi-Family Redevelopment
- Regional Transit Oriented District (TOD)
- Up to 6:1 FAR & 12 Story Conforming Height
- Federal Opportunity Zone
- State Enterprise Zone
- Bow Truss Roof w/12' Minimum Clearance Height
- 600 Amp 120/240 Volt 3 Phase Power
- 12' x 11' Ground Level Loading Door
- Large Glass Storefront Windows
- Approximately 2,500 Sq. Ft. Air-Conditioned Office Mezzanine
- Eclectic Brick Building Built in 1922
- 3 Private Restrooms
- Buyer to Verify Seismic Retrofit
- Building to be Delivered Vacant at Close of Escrow
Listing Contacts
The Herman Company
Listed by The Herman Company
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