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Motivated Seller 10% Down Submit All Offers 1451-1453 Malvern Ave 5,610 SF Industrial Building Los Angeles, CA 90006 $2,466,000 CAD ($439.57 CAD/SF)
Investment Highlights
- Mixed-use building with industrial warehouse, office areas, and residential unit.
- Second-floor two-bedroom apartment provides added income or live-work capability, currently month to month $2,000/month
- Upgraded with 400-amp power supply and renovations completed in 2018.
- Warehouse includes concrete block construction and roll-up door for ease of loading.
- Centrally located near South Park, USC, and Venice Boulevard with quick access to I-10 and I-110.
Executive Summary
Motivated Seller
10% Down
Submit All Offers
Well Maintained Mixed Use Commercial Building
Creative Open Space/ Office
Private Offices/ Conference Room
Concrete Block Warehouse with Roll-up Door
2 Bedroom / 1 Bathroom Apartment on Second Floor
Gate-Secured Parking/ Carport
Centrally Located - Close Proximity to Southpark and USC
Easy Access to I-10, 110 Freeways
One Lot North of Venice Blvd - Major Thoroughfare
400 Amps
10% Down
Submit All Offers
Well Maintained Mixed Use Commercial Building
Creative Open Space/ Office
Private Offices/ Conference Room
Concrete Block Warehouse with Roll-up Door
2 Bedroom / 1 Bathroom Apartment on Second Floor
Gate-Secured Parking/ Carport
Centrally Located - Close Proximity to Southpark and USC
Easy Access to I-10, 110 Freeways
One Lot North of Venice Blvd - Major Thoroughfare
400 Amps
Property Facts
| Price | $2,466,000 CAD | Rentable Building Area | 5,610 SF |
| Price Per SF | $439.57 CAD | No. Stories | 2 |
| Sale Type | Owner User | Year Built | 1956 |
| Property Type | Industrial | Tenancy | Single |
| Property Subtype | Warehouse | Parking Ratio | 0.89/1,000 SF |
| Building Class | C | Clear Ceiling Height | 20’ |
| Lot Size | 0.14 AC | No. Drive In / Grade-Level Doors | 1 |
| Zoning | LACM1 - Commercial Manufacturing (CM) zone | ||
| Price | $2,466,000 CAD |
| Price Per SF | $439.57 CAD |
| Sale Type | Owner User |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 0.14 AC |
| Rentable Building Area | 5,610 SF |
| No. Stories | 2 |
| Year Built | 1956 |
| Tenancy | Single |
| Parking Ratio | 0.89/1,000 SF |
| Clear Ceiling Height | 20’ |
| No. Drive In / Grade-Level Doors | 1 |
| Zoning | LACM1 - Commercial Manufacturing (CM) zone |
Amenities
- 24 Hour Access
Utilities
- Lighting
- Gas
- Water
- Sewer
- Heating
1 1
Very walkable
80/100
Exceptionally drivable
90/100
Exceptional public transit
90/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 5135-008-021 | Improvements Assessment | $444,261 CAD |
| Land Assessment | $1,247,058 CAD | Total Assessment | $1,691,318 CAD |
Property Taxes
Parcel Number
5135-008-021
Land Assessment
$1,247,058 CAD
Improvements Assessment
$444,261 CAD
Total Assessment
$1,691,318 CAD
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GL Mittin
Motivated Seller 10% Down Submit All Offers | 1451-1453 Malvern Ave
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