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11751 Mississippi 10,094 SF 100% Leased Industrial Building Los Angeles, CA 90025 $7,750,000 ($767.78/SF)
INVESTMENT HIGHLIGHTS
- Multi-Tenant Creative Office / Flex Building Located in the Heart of West Los Angeles
- In Place Cash Flow
- Polished Concrete Floors
- 5,322 SF Can be Delivered Vacant for Owner User
- Exposed Wood Beam Ceilings
- Offices and Open Work Space
EXECUTIVE SUMMARY
Lee & Associates, Los Angeles West, Inc. is pleased to present the opportunity to acquire the real property and all improvements thereon located at 11751 Mississippi Avenue, Los Angeles, CA 90025 (the “Property”). This property consists of a multi-unit, approximately +/-10,094 SF of creative/flex building on +/-15,682 SF of land including
the surface parking lot which has 14 parking spaces. The property was originally constructed in the late 1940’s and has most recently been occupied as creative office and flex
space. The key features of the Property are the combination mid-century elements with factory style elements, creating a tremendous sense of volume throughout.
11751 Mississippi Avenue is conveniently located between Riot Games headquarters and the Olympic Corridor minutes from freeway access and walking distance to
the Bundy Expo Line station. The Property creates an opportunity for both owner-users and investors to ac-quire a premier property for occupancy, partial occupancy or
for a straightforward invest-ment with fully updated units. The proximity to premier West Los Angeles and Sawtelle amenities, restaurants and nightlife, and multiple light rail
stops, makes this a long-term value add opportunity for an investor or owner-user.
the surface parking lot which has 14 parking spaces. The property was originally constructed in the late 1940’s and has most recently been occupied as creative office and flex
space. The key features of the Property are the combination mid-century elements with factory style elements, creating a tremendous sense of volume throughout.
11751 Mississippi Avenue is conveniently located between Riot Games headquarters and the Olympic Corridor minutes from freeway access and walking distance to
the Bundy Expo Line station. The Property creates an opportunity for both owner-users and investors to ac-quire a premier property for occupancy, partial occupancy or
for a straightforward invest-ment with fully updated units. The proximity to premier West Los Angeles and Sawtelle amenities, restaurants and nightlife, and multiple light rail
stops, makes this a long-term value add opportunity for an investor or owner-user.
PROPERTY FACTS
| Price | $7,750,000 | Lot Size | 0.36 AC |
| Price Per SF | $767.78 | Rentable Building Area | 10,094 SF |
| Sale Type | Investment or Owner User | No. Stories | 1 |
| Property Type | Industrial | Year Built | 1947 |
| Building Class | C | ||
| Zoning | M2-2 | ||
| Price | $7,750,000 |
| Price Per SF | $767.78 |
| Sale Type | Investment or Owner User |
| Property Type | Industrial |
| Building Class | C |
| Lot Size | 0.36 AC |
| Rentable Building Area | 10,094 SF |
| No. Stories | 1 |
| Year Built | 1947 |
| Zoning | M2-2 |
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- Heltzer Development Company
- Construction
- -
- -
- -
- Osato Usa Inc
- Retailer
- -
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| Heltzer Development Company | Construction | - | - | - | ||
| Osato Usa Inc | Retailer | - | - | - |
1 1
Walk Score®
Very Walkable (89)
Bike Score®
Biker's Paradise (94)
PROPERTY TAXES
| Parcel Number | 4262-032-005 | Improvements Assessment | $980,375 |
| Land Assessment | $3,605,548 | Total Assessment | $4,585,923 |
PROPERTY TAXES
Parcel Number
4262-032-005
Land Assessment
$3,605,548
Improvements Assessment
$980,375
Total Assessment
$4,585,923
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11751 Mississippi
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