Mixed-Use:Vacant Retail/Warehouse/Residential 1856 W Washington Blvd 4,680 SF Retail Building Los Angeles, CA 90007 $1,100,000 ($235.04/SF)

Price reduced! Property will be delivered 100% vacant. Darin Spillman at Kidder Mathews is pleased to present for sale 1856-1858 W. Washington Blvd., a mixed-use retail/residential/warehouse asset in the West Adams/Pico-Union submarket of central Los Angeles.
The property is comprised of two units: a two-story mixed-use unit with ground floor retail and a spacious 3 bed, 1 bath apartment upstairs, leased on a MTM basis to a florist; and a single story retail/warehouse tenant (also MTM) leasing the space as a rehearsal space / music studio. Both units are approximately 2,340 square feet each, not including additional unpermitted space utilized by the warehouse tenant (Buyer to verify). Both units will be delivered vacant.
The single story unit benefits from 11-14 foot clearance in a generous open warehouse design, with several skylights, a small kitchen and two 1/2 bathrooms and one 3/4 bathroom.
The property is ideally suited for an owner-user buyer, who can obtain an SBA loan with as little as 10% down payment, provided they occupy at least 51% of the building’s commercial space.