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For Sale

$849,000

5,680 sqft$149/sqft17 days on market

1856 W Washington Boulevard

Los Angeles, CA 90007

· 8% down, 7% APR, 30yr fixed

—

Beds

—

Baths

5,680

Square feet

1922

Built

Listing narrative

Description

Mixed-use vacant retail/residential/warehouse asset in the West Adams/Pico-Union area of central Los Angeles. The property is comprised of two attached buildings sharing a common wall: a two-story mixed-use building with ground floor retail and a 3-bed, 1-bath owner/proprietor apartment upstairs (accessible only through the retail space below), and a single-story retail/warehouse building. Both buildings are 100% vacant. The single story unit benefits from 11-14 foot clearance in a generous open warehouse design, with several skylights, a small kitchen and two 1/2 bathrooms and one 3/4 bathroom.The property is ideally suited for an owner-user buyer, who can obtain an SBA loan with as little as 10% down payment, provided they occupy at least 51% of the building's commercial space. 3 parking spaces accessible by the alley and with a security gate.

Listing agent (MLS): Darin Spillman · Listing brokerage (MLS): Kidder Mathews of California, Inc.

Property Details

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Price

$849,000

Beds

Beds n/a

Type

Commercial

MLS subtype

Mixed Use

Home Size

5,680 sqft

Baths

Baths n/a

Lot Size

0.13 acres

Year

1922

Status

For Sale

Days on Market

17

$ / Sqft

$149

· 8% down, 7% APR, 30yr fixed
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Courtesy of Kidder Mathews of California, Inc.