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Investment Highlights

  • The property is centrally located among multiple employment hubs including DTLA, Century City, and Santa Monica
  • Excellent multifamily redevelopment opportunity
  • High visibility property. ± 32,083 average annual daily traffic

Executive Summary

Colliers is pleased to present an exclusive opportunity to acquire the fee simple interest in 4800 San Vicente Blvd, a versatile flex building located in the heart of Mid-City, Los Angeles. The property includes a building totaling ± 22,706 square feet, situated on a ± 30,611-square-foot lot. Its central location offers easy access to major employers in both the Westside and Downtown LA, making it an attractive option for multifamily developers looking to capitalize on the strong demand in Mid-City. With the potential to develop approximately 130 by-right residential units, developers can take advantage of higher rental rates compared to other Los Angeles submarkets. This property also provides excellent potential for an owner-user seeking a well-positioned, flex space with a C2 zoning designation, which allows for a wide array of uses.

Data Room Click Here to Access

Property Facts Under Contract

Sale Type Investment or Owner User
Property Type Industrial
Property Subtype Warehouse
Building Class C
Lot Size 0.70 AC
Rentable Building Area 22,706 SF
No. Stories 1
Year Built 1956
Tenancy Single
Parking Ratio 0.18/1,000 SF
Clear Ceiling Height 16’
Zoning C-2 - Commercial

Amenities

  • Mezzanine
Very walkable
80/100
Exceptionally drivable
90/100
Good public transit
70/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
5070-004-026
Land Assessment
$1,847,678 CAD
Improvements Assessment
$1,144,568 CAD
Total Assessment
$2,992,246 CAD
  • Listing ID: 33827785

  • Date on Market: 2024-11-11

  • Last Updated:

  • Address: 4800 San Vicente Blvd, Los Angeles, CA 90019

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