3014-3018 N Coolidge Ave - Warehouse FOR SALE


Los Angeles, CA 90039- Echo Park
$7,299,000 USD
818-244-3000
3014-3018 N Coolidge Ave, Los Angeles, CA for Sale
$7,299,000 USD
Warehouse - FOR SALE
1/30
null | Request Cap Rate

NEW


3014-3018 N Coolidge Ave
Los Angeles, CA 90039
Echo Park


OVERVIEW

Located in the heart of Frogtown, this highly desirable industrial/creative flex property offers a rare opportunity for investors or owner-users. Just steps from the Los Angeles River and bike path, and within walking distance to Spoke Cafe, Just What I Kneeded, Wax Paper, and more, this property is ideally situated in one of LA’s most vibrant and growing creative hubs. The offering includes: (3014 N Coolidge Ave) a standalone 4,000 SF concrete block building with gated parking; (3018 N Coolidge Ave) a two-story concrete block, flex building, divided into multi-tenant spaces, catering to a mix of creative uses. A service elevator for seamless upstairs tenant loading and logistics. With its prime location, excellent accessibility, and strong demand for industrial/creative space in Frogtown, this is an exceptional opportunity. Ownership is motivated and seeking a quick sale. Buyer could occupy approximately 9,000 square feet of the project allowing for SBA Financing while still keeping the tenants to generate extra cash flow. The current leases generate $13,299 each month for approximately 4,350 square feet of 3018 N Coolidge.

FOR SALE DETAILS

PRICE

$7,299,000 USD

PRICE/SF

$695 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Frogtown - Industrial / flex

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1964

UTILITIES

-

CLEAR CEILING HT

14 Ft

DOCKS

1

DRIVE INS

1

PARKING SPACES

3

LAND DETAILS

LAND ACRES

0.13

LAND SF

5,663

ZONING

LAM2-1

APN/PARCEL ID

5442-022-004,5442-022-005

ASK ABOUT THIS PROPERTY

Ron RohrerPacific West Business Properties, Inc.More Info
818-244-3000

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Ron RohrerPacific West Business Properties, Inc.More Info
818-244-3000

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.