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    2415 E Washington Blvd Los Angeles, CA 90015

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    For Sale
    $4,900,000

    Net leased investment with over 4.5 years lease remaining.

    Property size:
    23,686 SF
    Lot size:
    0.54 Acres

    Property Features for 2415 E Washington Blvd

    General Information

    Size
    23,686 SF
    Lot size
    0.54 Acres

    Source: Lee & Associates Agent Miles Solomon

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Net Leased Investment Opportunity

    This net leased investment opportunity features a credit tenant on a new NNN lease. The property is zoned M3 and situated on a corner lot. The tenant pays $276,000 per year NNN. The property is located in an industrial area. The tenant is established in this area. The property size is 23,686 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Housewares International Store Dolphin Trucking School ... Truck Driving School

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Building Supply Hair Salon Auto Repair Shop Nail Salon Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Los Angeles
    County
    Los Angeles
    State
    California
    Longitude
    -118.22964
    Latitude
    34.01912

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    FAQs

    What type of property is this?
    Land - Net leased investment with over 4.5 years lease remaining.
    Where is this land located?
    The property is located at 2415 E Washington Blvd Los Angeles, CA.
    What is the asking price?
    The asking price for this property is $4,900,000.
    What are key features of this property?
    This property features: - Credit Tenant on New NNN Lease; - Tenant Pays $276,000/yr NNN; - Over 4.5 Years Lease Remaining
    (949) 532-8609
    Request Owner's contact information
    2415 E Washington Blvd Los Angeles, CA 90015
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    Los Angeles, CA 90015
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2415 E Washington Blvd Los Angeles, CA 90015
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