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Mixed-Use: Retail/Warehouse/Residential 1856 W Washington Blvd 4,680 SF Retail Building Los Angeles, CA 90007 $1,775,358 CAD ($379.35 CAD/SF)
Investment Highlights
- Variety of light manufacturing and distribution uses allowed with CM-1-CPIO zoning
- 11-14' height clearance
- Situated 0.2 miles from Normandie exit on 10 Freeway
- Spacious warehouse unit with skylights
- Adjacent to two separate commercial kitchen operations
Executive Summary
Darin Spillman at Kidder Mathews is pleased to present for sale 1856-1858 W. Washington Blvd., a mixed-use retail/residential/warehouse asset in the West Adams/Pico-Union submarket of central Los Angeles.
The property is comprised of two units: a two-story mixed-use unit with ground floor retail and a spacious 3 bed, 1 bath apartment upstairs, leased to a florist; and a single story retail/warehouse tenant leasing the space as a rehearsal space / music studio. Both units are approximately 2,340 square feet each, not including additional unpermitted space utilized by the warehouse tenant (Buyer to verify).
The single story unit benefits from 11-14 foot clearance in a generous open warehouse design, with several skylights, a small kitchen and two 1/2 bathrooms and one 3/4 bathroom.
The property is ideally suited for an owner-user buyer, who can obtain an SBA loan with as little as 10% down payment, provided they occupy at least 51% of the building’s commercial space.
The property is comprised of two units: a two-story mixed-use unit with ground floor retail and a spacious 3 bed, 1 bath apartment upstairs, leased to a florist; and a single story retail/warehouse tenant leasing the space as a rehearsal space / music studio. Both units are approximately 2,340 square feet each, not including additional unpermitted space utilized by the warehouse tenant (Buyer to verify).
The single story unit benefits from 11-14 foot clearance in a generous open warehouse design, with several skylights, a small kitchen and two 1/2 bathrooms and one 3/4 bathroom.
The property is ideally suited for an owner-user buyer, who can obtain an SBA loan with as little as 10% down payment, provided they occupy at least 51% of the building’s commercial space.
Property Facts
Sale Type
Owner User
Property Type
Building Size
4,680 SF
Building Class
C
Year Built
1922
Price
$1,775,358 CAD
Price Per SF
$379.35 CAD
Building Height
1 Story
Building FAR
0.83
Lot Size
0.13 AC
Zoning
LACM - Commercial
Very walkable
80/100
Very drivable
80/100
Strong public transit
80/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 5075-028-005 | Improvements Assessment | $204,461 CAD |
| Land Assessment | $98,423 CAD | Total Assessment | $302,884 CAD |
Property Taxes
Parcel Number
5075-028-005
Land Assessment
$98,423 CAD
Improvements Assessment
$204,461 CAD
Total Assessment
$302,884 CAD
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Mixed-Use: Retail/Warehouse/Residential | 1856 W Washington Blvd
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