3201-3215 S Broadway - Warehouse FOR SALE


Los Angeles, CA 90007
$2,450,000 USD
424-405-3829
3201-3215 S Broadway, Los Angeles, CA for Sale
$2,450,000 USD
Warehouse - FOR SALE
1/15
null | Request Cap Rate

3201-3215 S Broadway
Los Angeles, CA 90007


HIGHLIGHTS

  • High-Visibility Warehouse in Historic South LA
  • Adjacent to DTLA, BMO Stadium, USC, Crypto Arena
  • Masonry Construction, 17’ Clear Height, Bow Truss Roof
  • Configured for 1 or 2 Tenants
  • 5,360 SF Vacant, 3,000 SF Leased M2M
  • SBA Financing Available for Qualified Buyers

OVERVIEW

This sale offers the opportunity to purchase a high-visibility industrial warehouse in Historic South Los Angeles. The building is configured for 1 or 2 tenants, has a 17’ clear height and is suitable for numerous types of industrial and commercial uses. SBA financing is available to qualified buyers. The subject property, located at 3201-3215 S Broadway consists of a single parcel for a total of 8,360 square feet of land. The property has been improved with an industrial warehouse that was constructed in 1947. The building is of masonry construction, has a clear height of 17’ and features a bow truss roof. The building has a footprint of 8,360 square feet, has been configured for one or two tenants and features a mezzanine that measures 4,040 square feet. Suite 3201, approximately 5,360 square feet, offers an open floor plan with a small office buildout and is to be delivered vacant. Suite 3215, approximately 3,000 square feet, and is currently occupied by a seasoned tenant who is on a month-to-month basis and who pays $4,342 per month. Each unit has a private entrance, a ground-level roll-up door and has been wired separately for electricity. Suite 3201 features 1-phase and 3-phase electrical service. Zoning on the site is LAM1 which is an industrial zoning designation that permits for numerous types of industrial and commercial uses. Situated on the southwest corner of Broadway and 32nd Street, the property is located in a high-visibility, desirable location in Historic South Los Angeles. The site is adjacent to Downtown Los Angeles, USC, Crypto Arena, BMO Stadium and the 110 freeway. Vehicle counts on Broadway are over 19,000 per day. 3201-3215 S Broadway offers the opportunity to purchase a high-visibility industrial warehouse in a desirable, central location. The property offers numerous options for occupancy, features an open floor plan with a 17’ clear height, and has attributes that provide for functionality and attractive long-term value. SBA financing is available to qualified buyers.

FOR SALE DETAILS

PRICE

$2,450,000 USD

PRICE/SF

$293 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

ADD'L SUBTYPES

undefined, Freestanding, Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1947

UTILITIES

Lighting, Gas, Water, Sewer, Heating

CLEAR CEILING HT

16.166666666666668 Ft

DOCKS

-

DRIVE INS

2

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.19

LAND SF

8,463

ZONING

M1

APN/PARCEL ID

5122-006-008

ASK ABOUT THIS PROPERTY

Derek L. CaldwellMarcus & Millichap - Caldwell Industrial TeamMore Info
424-405-3829

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Derek L. CaldwellMarcus & Millichap - Caldwell Industrial TeamMore Info
424-405-3829

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