2311, 2317 and 2327 Pontius Avenue 3 Properties Offered at $6,995,000 in Los Angeles, CA

2311-2327 Pontius Avenue, Los Angeles, CA 90064 – For Sale or Lease

• Westside Flex/Office/R&D/Light Industrial building. Approximately 15,400 square foot of buildings situated on approximately .43 acres of land. The property is comprised of the following:

1. 2311 Pontius Avenue - An approximate 12,150 sf two story building with ground floor lab/R&D/office/flex space second floor offices. 2311 Pontius is connected to 2317 Pontius through two (2) approximate 8’X 8’ openings. Potential to remove approximately 4,000 sf of second floor offices to convert to an approximate 8,150 sf building with 4,150 sf of 20 foot clear warehouse and either 1) 2,000 sf of lower clear warehouse/2,000 sf of second floor offices or 2) 4,000 sf of two story offices.
2. 2317 Pontius Avenue – An approximate 3,250 sf single story industrial/flex building which includes Six (6) parking spaces in front of the building
3. 2327 Pontius Avenue – An approximate 6,500 sf parking lot which can accommodate Twenty-Two (22) single striped parking spaces

• Perfect for a variety of office, flex, R&D, lab, studio and other light industrial or commercial uses.
• Great central, West LA location within close proximity to the 405/10 Freeways, Sawtelle Retail Corridor, the Expo Rail Line and numerous other restaurants and retail amenities
• Private, gated surface parking for nearly thirty (30) cars. Additional street parking available
• Combination of private offices, conference rooms and open area to meet various layout needs (See attached floor plans)
• One (1) ground level loading door in 2311 Pontius and one (1) ground level loading door in 2317 Pontius
• 600 amps of electrical power
• All square footage is usable with no load factor
• Asking Sale Price: $6,995,000 or $454.22/sf based on 15,400 sf ($613.60 based on 11,400 sf if remove 4,000 sf of second floor office).
• Property is also for Lease. Asking Lease Rate: $34,650/month NNN or $2.25/sf NNN. Existing Property Taxes and Insurance equal to approximately .30/sf
• Preferred lease term: 5-10 years. Possession: Execution of Leases or Close of Escrow
• To Show, call broker.