3132 E Pico Blvd - Distribution FOR SALE


Los Angeles, CA 90023
$2,800,000 USD
760-285-7303
3132 E Pico Blvd, Los Angeles, CA for Sale
$2,800,000 USD
Distribution - FOR SALE
1/10
null | Request Cap Rate

3132 E Pico Blvd
Los Angeles, CA 90023


HIGHLIGHTS

  • 10,000-Square-Foot Industrial Property Situated on 0.33 Acres of Land
  • Features Bow Truss Ceiling with 13’-18’ Clear-Height, One (1) Dock High Loading Door and One (1) Ground-Level Door
  • Renovated in 2024 with New HVAC, Three-Phase Power, and 1,500 SF of Brand New Office
  • Owner-User or Investor Lease Up Opportunity

OVERVIEW

Marcus & Millichap is pleased to present the opportunity to acquire the property located at 3132 E Pico Boulevard in Los Angeles, California. The subject property consists of approximately 10,000 square feet of industrial warehouse space and is situated on 0.33 acres of land. This single-tenant asset features reinforced concrete construction, a bow truss ceiling with a clear height of 13’-18’, along with one (1) dock high loading door, one (1) ground-level door, and a brand new HVAC and three-phase power. With a secure and fended yard with ample parking, the vacant property can easily accommodate an owner-user with a high-traffic business. Located less than 5 miles from Downtown Los Angeles, the property has direct proximity to major thoroughfares including Interstate 5 and 10. For sale as vacant, the property is ideal for owner use or as a lease-up investment opportunity

FOR SALE DETAILS

PRICE

$2,800,000 USD

PRICE/SF

$280 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Distribution

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1954

UTILITIES

Lighting, Gas, Water, Sewer, Heating

CLEAR CEILING HT

18 Ft

DOCKS

1

DRIVE INS

1

PARKING SPACES

17

LAND DETAILS

LAND ACRES

0.33

LAND SF

14,549

ZONING

M3-1

APN/PARCEL ID

5169-003-011

ASK ABOUT THIS PROPERTY

Christian DesnoesMarcus & MillichapMore Info
760-285-7303

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

Christian DesnoesMarcus & MillichapMore Info
760-285-7303

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