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1700 Griffith Ave 4,080 SF Industrial Building Los Angeles, CA 90021 $2,699,981 ($661.76/SF)
INVESTMENT HIGHLIGHTS
- Leased Investment; NNN Lease; $10,609 Per Month
- 3 Yrs on the Current Lease; 5 Yr Lease Option w/3% Annual Increases
- Large Fenced Secured Yard
- Annual Net Income $127,308; 3% Annual Increases
- Excellent Building
EXECUTIVE SUMMARY
Parking for Trucks & Cars; High Visibility from 10 Freeway; 550,000 cars daily. Finished Mezzanine Office / Storage 600 sq. ft. not included in the square footage of building. Parking and yard area is concrete.
PROPERTY FACTS
| Price | $2,699,981 | No. Stories | 1 |
| Price Per SF | $661.76 | Year Built | 1993 |
| Sale Type | Investment or Owner User | Tenancy | Single |
| Property Type | Industrial | Parking Ratio | 0.98/1,000 SF |
| Property Subtype | Showroom | Clear Ceiling Height | 24’ |
| Building Class | C | No. Drive In / Grade-Level Doors | 1 |
| Lot Size | 0.17 AC | Opportunity Zone |
Yes
|
| Rentable Building Area | 4,080 SF | ||
| Zoning | M2 - Light Industrial | ||
| Price | $2,699,981 |
| Price Per SF | $661.76 |
| Sale Type | Investment or Owner User |
| Property Type | Industrial |
| Property Subtype | Showroom |
| Building Class | C |
| Lot Size | 0.17 AC |
| Rentable Building Area | 4,080 SF |
| No. Stories | 1 |
| Year Built | 1993 |
| Tenancy | Single |
| Parking Ratio | 0.98/1,000 SF |
| Clear Ceiling Height | 24’ |
| No. Drive In / Grade-Level Doors | 1 |
| Opportunity Zone |
Yes |
| Zoning | M2 - Light Industrial |
AMENITIES
- Fenced Lot
- Mezzanine
- Yard
UTILITIES
- Lighting
- Water
1 1
Walk Score®
Very Walkable (85)
Transit Score®
Excellent Transit (76)
Bike Score®
Very Bikeable (77)
PROPERTY TAXES
| Parcel Number | 5131-002-021 | Improvements Assessment | $362,431 |
| Land Assessment | $392,610 | Total Assessment | $755,041 |
PROPERTY TAXES
Parcel Number
5131-002-021
Land Assessment
$392,610
Improvements Assessment
$362,431
Total Assessment
$755,041
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1700 Griffith Ave
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