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Property profile & analytics
OFF-MARKET
Warehouses

1355-1359 Washington Blvd Los Angeles, CA 90021

10,610 SF Built 1905
Property ID
Property summary
AI-generated overview

This exceptional Los Angeles property presents a unique investment opportunity encompassing two adjacent buildings totaling 10,610 square feet. Built between 1905-1935 and 1965, this versatile space offers a multitude of potential uses, including warehouse, showroom, retail/wholesale, or creative office space. The property boasts convenient ground-level loading, a fenced and paved lot providing parking for approximately eight vehicles, and is zoned LA M2. Strategically located just half a block east of Central Avenue, this prime location benefits from the proximity of the Metro Blue Line light rail, running directly in front, and the vibrant Downtown Los Angeles Fashion District. The 12,000 square foot lot includes two buildings, offering significant flexibility for various business needs. The asking price is $2,500,000, translating to $235.63 per square foot. The property's address is 1355-1359 E Washington Blvd, Los Angeles, CA 90021, with APN 5129-002-024,025. This is an excellent opportunity to acquire a well-situated property in a thriving Los Angeles neighborhood.

Property profile
Verified
Property type Warehouses
Year built 1905
Total area 10,610 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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