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Key Details
Sold Price $2,855,000
Property Type Commercial
Sub Type Warehouse
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SB23099487
Sold Date 07/03/24
HOA Y/N No
Year Built 1976
Annual Tax Amount $8,000
Lot Size 0.572 Acres
Property Description
RECENTLY APPRAISED AT $3.1M WITH A CLEAN PHASE 1 ENVIRONMENTAL REPORT AND PROPERTY WILL BE VACANT 4/30/24. BACK ON MARKET - BUYER COULDN'T PERFORM. Large and secured freestanding building, Great mix of office and warehouse space with plenty of parking, and Located in the heart of the South Bay’s industrial hub – this rare opportunity checks off all the boxes! This industrial property offers 1,200 sqft (approx.) of functional office space and 11,800 sqft (approx.) of warehouse space, situated on roughly 25,000 sqft of lot allowing for 20 parking spaces. The office space consists of a formal entrance with reception and waiting area, one full bathroom and one-half bathroom, multiple private offices, plenty of storage space, and fully equipped with heat and AC. The warehouse space has two large rollup doors (13’x14’ approx.) on the ground level that were recently installed, roughly 16’ high ceilings, a recreation area, a full bathroom dedicated to the warehouse, and plenty of storage space above the office space. The entire property is secured with chain link and wrought iron fences with barbwire. Plus, recent repairs and upgrades have been made to the roof, electrical, asphalt paving, turf, window tinting, HVAC, rollup doors, fencing, and plumbing have been done over the last few years giving the new owner peace of mind. This property is zoned M2 and located within the highly sough after West Rancho Dominguez, an unincorporated territory of Los Angeles County, which offers owners a chance to enjoy strong rental demand with extremely low vacancies. Within close proximity to all the major freeways, highways, ports, and airports – this strategic location offers easy access to the entire South Bay and is centrally located with Los Angeles County, which helps cut down transportation time and costs. This opportunity is yours for the taking!
Location
State CA
County Los Angeles
Area 699 - Not Defined
Interior
Heating Central, Forced Air
Cooling Central Air
Fireplace No
Laundry None
Exterior
Fence Barbed Wire, Chain Link, Security, Wrought Iron
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Roof Type Flat
Total Parking Spaces 20
Building
Story 1
Water Public
Others
Tax ID 6129010039
Acceptable Financing Cash, Cash to New Loan, 1031 Exchange
Listing Terms Cash, Cash to New Loan, 1031 Exchange
Financing Cash to Loan
Special Listing Condition Standard
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Bought with TIFFANY LE • HAPPY HOME REALTY, INC