4531 Santa Monica BlvdLos Angeles, CA 90029

This 2,604-square-foot flex warehouse, located at 4531 Santa Monica Blvd in Los Angeles, CA 90029, presents a compelling investment opportunity. The property, situated on a 5,317-square-foot lot, is a single-story, 1949-built structure that underwent a complete renovation in 2023. Currently vacant, it offers immediate occupancy for an owner-user or strong rental income potential for investors. The building features approximately 20-foot ceilings, two 15-foot loading bay doors, a gated and secured rear lot providing parking for up to eight vehicles, and additional street parking is readily available. Interior improvements include an upgraded 200 AMP electrical panel, four circuit breakers, a gas shut-off valve, and a floor drain. The open floor plan allows for flexible configuration, and the property includes an enclosed private office with a bathroom. Zoned LAC2, this Class C industrial property boasts a Net Operating Income (NOI) of $64,119 and a Pro-Forma NOI of $44,433. The asking price is $1,550,000, translating to $595.24 per square foot. Located in the vibrant East Hollywood neighborhood, this property benefits from ongoing revitalization efforts along Santa Monica Boulevard, offering excellent access to major transportation routes and a diverse range of amenities. SBA financing is available.