Owner-User or Development Opportunity | Large 2400 James M Wood Blvd 16,391 SF 100% Leased Industrial Building Los Angeles, CA 90006 $7,191,245 CAD ($438.73 CAD/SF)

2400–2416 James M. Wood Blvd presents a rare opportunity to acquire a multi-tenant commercial property situated on a 24,615 SF corner lot in the dense Westlake submarket of Los Angeles. The property consists of approximately 16,391 square feet of improvements with in-place tenant income, providing immediate cash flow while allowing flexibility for owner-user occupancy, repositioning, or long-term redevelopment.
The asset is zoned C2-1, which allows a wide variety of commercial uses including retail, restaurant, medical, education, and service businesses. The large parcel size and central location also provide future mixed-use or multifamily redevelopment potential (buyer to verify).
This opportunity is particularly attractive for owner-users seeking to control a long-term location while offsetting costs with rental income, as well as developers pursuing a covered land play in a high-density urban corridor. Strategically located near Downtown Los Angeles, the property benefits from strong population density, excellent transit connectivity, and significant long-term growth potential.