This Industrial Property is no longer advertised on LoopNet.com.

425 E 58th St
Los Angeles, CA 90011
Industrial Property For Sale

Investment Highlights

  • CLEAN PHASE 1/2 REPORT. HUGE PRICE REDUCTION, GREAT POTENTIAL RETURN, MUST SEL - Where else can you find a large Industrial Building for $2,699,888
  • Seller Must Sell Immediately- NEED TO CLOSE ASAP - CLOSE BY MONTH END AND GET ADDITIONAL LARGE DISCOUNT
  • Large Industrial Building/Warehouse with lots of potential User Options - SELLER WILL PAY RENT FOR UP TO 6 MONTHS RENT WHILE YOU FIND A TENANT
  • Potential Cap Rate of 8.89% to 11% --- Property is vacant right now and ready for a OWNER USER OR INVESTOR/1031 EXCHANGE BUYER
  • Seller Financing Avaiilale. Well located right off the 110 Freeway and Close to Downtown - SHOWING WILL START AGAIN ON JULY 19TH
  • Great 1031 Exchange or Investor Purchase - SELLER IS MOTIVATED & WILL GIVE YOU A REALLY GOOD DEAL IF YOU PAY CASH AND/OR CLOSE QUICKLY!!!

Property Facts

Property Type Industrial
Property Subtype
Warehouse
  • Industrial Distribution
  • Industrial Manufacturing
  • FlexLight Distribution
Building Class C
Lot Size 0.35 AC
Rentable Building Area 23,200 SF
No. Stories 1
Year Built/Renovated 1925/2018
Clear Ceiling Height 12’
No. Drive In / Grade-Level Doors 1
Zoning LAM2-1 - Light Manufacturing , Great for a Variety of Uses (Please Confirm with City of Los Angeles for Potential Uses)

Amenities

  • 24 Hour Access
  • Front Loading
  • Storage Space

Utilities

  • Lighting - Fluorescent
  • Water - City

Property Taxes

Property Taxes

Parcel Number
5101-005-011
Land Assessment
$900,000
Improvements Assessment
$1,000,000
Total Assessment
$1,900,000
  • Listing ID: 29547063

  • Date on Market: 9/18/2023

  • Last Updated:

  • Address: 425 E 58th St, Los Angeles, CA 90011

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