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34340739
34340738

925 S. Hooper Ave., Los Angeles, CA 65804-6644 For Sale

MN
CA 00757698
DAUM Commercial Real Estate Services Los Angeles
DF
CA 00855673
Daum Commercial
DF
Listed by DAUM Commercial Real Estate Services Los Angeles, Daum Commercial
$7,700,000
6 days on market
Updated 0 days ago
Opportunity zone

925 S. Hooper Ave

Details
APN 5130-004-008
Property Type Industrial
Sub Type Warehouse, Refrigerated/Cold Storage
Square Footage 21,430
Net Rentable (SqFt) 45,476
Units 8
NOI $44,555
Tenancy Multi
Lease Type NNN
Lease Expiration 04/29/2029
Price per SqFt $359
Year Built 1974
Buildings 1
Acreage 1.050
Zoning M2LA
Parking Spaces 63 spaces
Parking per 1,000 SqFt 2.94
Ground Lease Yes
Ceiling Height 15
Loading Docks 15
Dock High Doors 15

Industrial | 21,430 SqFt

Marketing description

Strategically located in the heart of Central Los Angeles, 925 S. Hooper Avenue offers unmatched regional connectivity with immediate access to the I-10, I-110, I-5, and US-101 freeways. Positioned just minutes from Downtown Los Angeles, the Arts District, the Fashion District, and the Alameda Corridor, the property provides exceptional access to Southern California's major employment centers, distribution hubs, and transportation networks, making it an ideal location for industrial and commercial users.

Los Angeles, often abbreviated as L.A., is the largest city in California and the second-largest city in the United States. It is renowned for its cultural diversity, economic influence, and pivotal role in the entertainment industry. Situated in Southern California, Los Angeles spans a large area with diverse landscapes, including beaches, mountains, and urban environments.

Entertainment Industry: Known as the "Entertainment Capital of the World," Los Angeles is home to major film studios, television networks, and music recording companies. Hollywood, a district in L.A., is synonymous with the movie industry.

Technology and Innovation: The city has a growing tech sector, often referred to as "Silicon Beach," with numerous startups and established tech companies.

Trade and Manufacturing: The Port of Los Angeles is one of the busiest in the world, making the city a major hub for international trade. Aerospace, fashion, and apparel manufacturing are also significant contributors to the local economy.

Investment highlights

  • Development Opportunity - Block to Block or Inherit ±21,340 SF Multi-Tenant Cooler Facility
  • Strategically Located by the Los Angeles Produce Mart
  • Power: 800 amps, 240/480 volts, 3-phase 
  • Grade level door: one (1) 10’w x 12’h
  • Dock high positions: fifteen (15)
  • Ground Lease Until April 30, 2029
  • Annual Net Income $44,555.00 NNN
  • Cross Streets: Hooper Ave/E 10th St

Listing Contacts

MN
CA 00757698
DAUM Commercial Real Estate Services Los Angeles
DF
CA 00855673
Daum Commercial
DF
Listed by DAUM Commercial Real Estate Services Los Angeles, Daum Commercial

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$44,555.00
$3,712.92/mo

Valuation Metrics

0
DSCR
0.58%
Cap Rate
0.58%
ROI

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Additional Information

Name
Michael Nubel
License
00757698
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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