3406 Union Pacific Ave - Warehouse FOR SALE


Los Angeles, CA 90023- Boyle Heights
$1,575,000 USD
310-425-9838
3406 Union Pacific Ave, Los Angeles, CA for Sale
$1,575,000 USD
Warehouse - FOR SALE
1/8
null | Request Cap Rate

3406 Union Pacific Ave
Los Angeles, CA 90023
Boyle Heights


HIGHLIGHTS

  • Older Industrial property in Downtown L.A. located at 3400, 3406 and 3410 Union Pacific Ave. in 90023 Zip code. Property consists of 3 side-by-side
  • NEW LOWER PRICE: The rectangular shaped site is comprised of three contiguous rectangular parcels of 13,990 square feet. Property is zoned LAM3.
  • New roofs installed within the last 6 months.
  • Rent is $4,400/mo. Last rent increase 9/1/23.
  • There is an additional large 4,000+ square foot storage space covered with corrugated metal roofing the back southeastern part of the Property.
  • Seller will respond to all offers.

OVERVIEW

NEW LOWER PRICE: Older Industrial property in Downtown L.A. located at 3400, 3406 and 3410 Union Pacific Ave. in 90023 Zip code. Property consists of 3 side-by-side parcels. Total building sq. footage is 5,783 Sq. ft. and built in 1930, 1942 and 1947 The rectangular shaped site is comprised of three contiguous rectangular parcels totalling 13,990 square feet. Property is zoned LAM3. New Roofs installed within the last 6 months. Rent is $4,400/mo. Last rent increase 9/1/23. 3410 Union Pacific does not currently have electricity and is used for storage for 3406 Union Pacific. There is a discrepancy between public records and the on-site measurement of the subject building improvements. While public records indicate the subject to be a cumulative 10,094 square feet, the on-site measurement revealed the subject to only be 5,783 square feet. The nature of this discrepancy appears to be attributable to public records inclusion of a large 4,000+ square foot storage space covered with corrugated metal roofing the back southeastern part of the Property . Two Phase 200 amps Under current zoning the subject property is required to have 20 on-site parking spaces and is considered legal non-conforming with only six spaces. Seller will respond to all offers.

FOR SALE DETAILS

PRICE

$1,575,000 USD

PRICE/SF

$1,199 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

ADD'L SUBTYPES

Manufacturing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1942

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

1

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.32

LAND SF

13,990

ZONING

LAM3

APN/PARCEL ID

5192-013-020,5192-013-021,5192-013-022

ASK ABOUT THIS PROPERTY

Michael MilleaThe Ensbury GroupMore Info
310-425-9838

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Michael MilleaThe Ensbury GroupMore Info
310-425-9838

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