1459 Washington Blvd Los Angeles, CA 90007
Call to check price and availability
Two-building retail opportunity near USC
Property size:
7,362 SFProperty Features for 1459 Washington Blvd
General Information
- Property type
- Individual retail properties
- Square Feet
- 7,362 SF
Building Details
- Year Built
- 1919
- Buildings
- 2
Listing Agency: Korus Real Estate Listing Agent: Mark Hong
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
This exceptional redevelopment opportunity presents two buildings totaling 7,362 square feet situated on a substantial 21,014 square foot lot in the heart of Los Angeles, CA. Located at 1459 & 1479 W Washington Blvd, this property boasts a prime location near the intersection of W Washington Blvd and Orchard Ave, offering convenient access to downtown Los Angeles and the University of Southern California (USC). The buildings, constructed in 1919 and 1939, currently operate as multi-tenant retail space with short-term leases, presenting a unique chance for significant value enhancement. The land value is assessed at $236 per square foot, reflecting the desirability of this location. The property's address is 1459 & 1479 W Washington Blvd, Los Angeles, CA 90007, and its convenient location provides direct access to the Santa Monica (10) Freeway via Vermont Avenue. With a population of over 648,925 residents within a 3-mile radius, this property offers substantial potential for multi-family, commercial, or mixed-use development. The asking price is $4,950,000. The property consists of two buildings and includes four APNs: 5056-016-009, -010, -011, & -012. This is a rare chance to acquire a significant property in a high-growth area of Los Angeles.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Retail space
Location Insight
- Map
- Local Demand
- City
- Los Angeles
- County
- Los Angeles
- State
- California
- Longitude
- -118.2881469
- Latitude
- 34.0403475
Nearby Similar for Sale
FAQs
What type of property is this?
Individual retail property - Two-building retail opportunity near USC
Where is this individual retail property located?
The property is located at 1459 Washington Blvd Los Angeles, CA.
What is the asking price?
The asking price for this property is $4,950,000.
What are key features of this property?
This property features: Exceptional redevelopment opportunity: Two buildings totaling 7,362 square feet on a 21,014 square foot lot in Los Angeles.; Prime location: 1459 & 1479 W Washington Blvd, near the intersection of W Washington Blvd and Orchard Ave, with easy access to Downtown LA and USC.; Multi-tenant retail buildings (1919 & 1939 construction) with short-term leases, offering significant value-add potential.