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Motivated Seller 10% Down Submit All Offers 1451-1453 Malvern Ave 5,610 SF Industrial Building Los Angeles, CA 90006 $1,800,000 ($320.86/SF)
Investment Highlights
- Mixed-use building with industrial warehouse, office areas, and residential unit.
- Second-floor two-bedroom apartment provides added income or live-work capability, currently month to month with 2 tenants totaling $2,000/month.
- Centrally located near South Park, USC, and Venice Boulevard with quick access to I-10 and I-110.
- Warehouse includes concrete block construction and roll-up door for ease of loading.
- Owner has leased each room of the apartment separately: $500 one room and another $1500, $2,000 total.
- Upgraded with 400-amp power supply and renovations completed in 2018.
Executive Summary
Motivated Seller
10% Down
Submit All Offers
Well Maintained Mixed Use Commercial Building
Creative Open Space/ Office
Private Offices/ Conference Room
Concrete Block Warehouse with Roll-up Door
2 Bedroom / 1 Bathroom Apartment on Second Floor
Owner has leased each room of the apartment separately $500 one room and $1500 another room. $2k in total
Gate-Secured Parking/ Carport
Centrally Located - Close Proximity to Southpark and USC
Easy Access to I-10, 110 Freeways
One Lot North of Venice Blvd - Major Thoroughfare
400 Amps
10% Down
Submit All Offers
Well Maintained Mixed Use Commercial Building
Creative Open Space/ Office
Private Offices/ Conference Room
Concrete Block Warehouse with Roll-up Door
2 Bedroom / 1 Bathroom Apartment on Second Floor
Owner has leased each room of the apartment separately $500 one room and $1500 another room. $2k in total
Gate-Secured Parking/ Carport
Centrally Located - Close Proximity to Southpark and USC
Easy Access to I-10, 110 Freeways
One Lot North of Venice Blvd - Major Thoroughfare
400 Amps
Property Facts
Amenities
- 24 Hour Access
Utilities
- Lighting
- Gas
- Water
- Sewer
- Heating
1 1
Very walkable
80/100
Exceptionally drivable
90/100
Exceptional public transit
90/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 5135-008-021 | Improvements Assessment | $324,278 |
| Land Assessment | $910,261 | Total Assessment | $1,234,539 |
Property Taxes
Parcel Number
5135-008-021
Land Assessment
$910,261
Improvements Assessment
$324,278
Total Assessment
$1,234,539
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Presented by
GL Mittin
Motivated Seller 10% Down Submit All Offers | 1451-1453 Malvern Ave
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