2252 W Washington Blvd
Los Angeles, CA 90018
Industriel Propriété À vendre

# 2522 W. WASHINGTON BOULEVARD
## LOS ANGELES, CALIFORNIA
### RARE OWNER-USER, VALUE-ADD & REDEVELOPMENT OPPORTUNITY
**Building Size:** ±8,366 SF
**Lot Size:** ±9,945 SF
**APN:** 5073-030-043
**Zoning:** C2
**Year Built:** 1939
**Parking:** Approximately 10 Spaces
**Occupancy:** Vacant at Close of Escrow
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EXECUTIVE SUMMARY
Compass is pleased to exclusively present the opportunity to acquire 2522 W. Washington Boulevard, a rare commercial asset located along one of Los Angeles' most dynamic and evolving urban corridors.
Situated on a ±9,945 square foot C2-zoned parcel, the property consists of an approximately ±8,366 square foot commercial building featuring exceptional architectural character, high ceilings, open-span showroom areas, abundant natural light, and private outdoor gathering spaces.
Constructed in 1939, the building possesses many of the design elements sought after by today's owner-users, creative office occupiers, showroom operators, production companies, hospitality groups, and redevelopment investors. The property's unique architecture and flexible layout create opportunities that are increasingly difficult and costly to replicate in today's construction environment.
The property will be delivered completely vacant at the close of escrow, allowing a purchaser to immediately occupy, reposition, lease, or redevelop the asset according to its specific business or investment objectives.
Strategically located along Washington Boulevard, the property enjoys excellent visibility, strong traffic counts, and convenient access to Culver City, West Adams, Mid-City, Downtown Los Angeles, USC, and the broader Westside. The surrounding neighborhood continues to benefit from substantial public and private investment, supporting long-term demand and value appreciation.
2522 W. Washington Boulevard represents a unique opportunity to acquire a highly functional commercial property with immediate occupancy potential, significant repositioning upside, and long-term redevelopment possibilities.
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# INVESTMENT HIGHLIGHTS
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# PROPERTY DESCRIPTION
The property is currently configured as a large-format showroom environment featuring multiple open display areas, warehouse-style volumes, administrative areas, and outdoor gathering spaces.
Architectural features include exposed structural elements, expansive interior volumes, high ceilings, decorative lighting, and an inviting courtyard environment that creates a unique experience for visitors and occupants.
The property's flexible floorplan is well suited for a wide variety of commercial uses including:
• Creative Office
• Design Studio
• Furniture Showroom
• Production Facility
• Event Venue
• Medical Office
• Educational Facility
• Religious Facility
• Retail Uses
• Mixed-Use Redevelopment
The building's architectural identity and functionality provide a compelling alternative to generic commercial inventory throughout Los Angeles.
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# OWNER-USER OPPORTUNITY
Vacant commercial buildings of this size and character are increasingly difficult to acquire within Central Los Angeles.
The property's vacant delivery provides owner-users the ability to:
• Immediately occupy the premises
• Customize improvements
• Avoid tenant relocation costs
• Build long-term equity
• Control future occupancy expenses
• Establish a flagship location
The building's unique architecture and prominent location create an exceptional opportunity for businesses seeking a distinctive headquarters or customer-facing environment.
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# REDEVELOPMENT OPPORTUNITY
The property's C2 zoning and strategic location create the potential for future redevelopment, repositioning, or adaptive reuse.
Purchasers are encouraged to independently investigate:
• Mixed-Use Development Opportunities
• Transit-Oriented Incentives
• Adaptive Reuse Programs
• Affordable Housing Incentives
• Density Bonus Programs
• ED1 Opportunities
• TOC Opportunities
The property's location within an established commercial corridor surrounded by significant residential density may support multiple future development strategies.
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# PRO FORMA INCOME ANALYSIS
Assumed Market Rent:
$2.75/SF NNN
Building Area:
8,366 SF
Potential Gross Income:
$276,078
Less Vacancy (5%):
($13,804)
Effective Gross Income:
$262,274
Estimated Operating Expenses:
($45,000)
Projected Net Operating Income:
$217,274
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# VALUATION ANALYSIS
Based Upon Stabilized NOI of $217,274
5.0% Cap Rate
$4,345,000
5.5% Cap Rate
$3,950,000
6.0% Cap Rate
$3,621,000
6.5% Cap Rate
$3,343,000
7.0% Cap Rate
$3,104,000
The above analysis is provided solely for illustrative purposes and is not a guarantee of future performance.
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# AREA OVERVIEW
Washington Boulevard continues to emerge as one of Los Angeles' most active commercial corridors, benefiting from its central location and proximity to Culver City, West Adams, Mid-City, Downtown Los Angeles, USC, and the Westside.
The surrounding area has experienced substantial public and private investment, including adaptive reuse projects, creative office developments, residential construction, hospitality projects, and transportation infrastructure improvements.
The corridor offers strong demographics, excellent connectivity, and continued demand from businesses seeking centrally located facilities with access to both Westside and Downtown employment centers.
The property's strategic location positions it to benefit from the ongoing evolution and growth of Central Los Angeles.