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Office

5190 Washington Blvd

5190 Washington Blvd, Los Angeles, CA 90016

Listing Price: $1,800,000

Gross SF
1,700
Rentable SF
1,700
Price/Gross SF
$1,058.82
Lot Size
0.17 acres
Year Built
1949

Investment Overview

Marcus & Millichap is pleased to present 5190 W Washington Blvd, an approximate 1,700 SF commercial building located in Mid City – Los Angeles. The property provides a great opportunity for an Owner User to acquire a rare single tenant building, as the property can be delivered vacant. The existing tenant’s lease is on a month-to-month basis. The asset, Zoned C2, boasts a 7,490 SF lot. The gated parking lot in the back has access from Washington Blvd. This is an ideal opportunity for a Retail/Office user to facilitate SBA financing and acquire this asset for as little as 10% down. SBA loans are fixed and fully amortized over a 25-year period. The property is truly centered in the heart of Los Angeles. The opportunity is located on W Washington Blvd, a main West-East thoroughfare in Mid City. The property sees roughly 30,000 vehicles per day. The property also sits less than ½ a mile north from the Interstate 10 freeway, less than two miles south of Miracle Mile, and a little over one mile from Culver City’s Art District. This section of Los Angeles boost great demographics as there are more than 370,000 people living in a 3-mile radius, with an average household income exceeding $109,000.

Investment Highlights

  • Rare Single Tenant Retail/Office Building
  • Delivered Vacant Option – Ideal for Owner User
  • Secured Gated Parking Lot
  • Great Visibility along W. Washington Blvd
  • Traffic Counts of more than 30,000 VPD
  • Walk Score of 75 (Very Walkable)
  • Excellent Demographics – 5 Mile Population of 1,173,000 People | 3 Mile Average Household Income - $109,567

Exclusively Listed By

Financing By

Office

5190 Washington Blvd

Listing Price: $1,800,000

Gross SF
1,700
Rentable SF
1,700
Price/Gross SF
$1,058.82
Lot Size
0.17 acres
Year Built
1949

Investment Highlights

  • Rare Single Tenant Retail/Office Building
  • Delivered Vacant Option – Ideal for Owner User
  • Secured Gated Parking Lot
  • Great Visibility along W. Washington Blvd
  • Traffic Counts of more than 30,000 VPD
  • Walk Score of 75 (Very Walkable)
  • Excellent Demographics – 5 Mile Population of 1,173,000 People | 3 Mile Average Household Income - $109,567

Investment Overview

Marcus & Millichap is pleased to present 5190 W Washington Blvd, an approximate 1,700 SF commercial building located in Mid City – Los Angeles. The property provides a great opportunity for an Owner User to acquire a rare single tenant building, as the property can be delivered vacant. The existing tenant’s lease is on a month-to-month basis. The asset, Zoned C2, boasts a 7,490 SF lot. The gated parking lot in the back has access from Washington Blvd. This is an ideal opportunity for a Retail/Office user to facilitate SBA financing and acquire this asset for as little as 10% down. SBA loans are fixed and fully amortized over a 25-year period. The property is truly centered in the heart of Los Angeles. The opportunity is located on W Washington Blvd, a main West-East thoroughfare in Mid City. The property sees roughly 30,000 vehicles per day. The property also sits less than ½ a mile north from the Interstate 10 freeway, less than two miles south of Miracle Mile, and a little over one mile from Culver City’s Art District. This section of Los Angeles boost great demographics as there are more than 370,000 people living in a 3-mile radius, with an average household income exceeding $109,000.

Exclusively Listed By

Financing By

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