Property Size :
Warehouse :
21,600 SF
# 17248
Ethan Donel, Alex Reyhan, and Daniel Hirth of The Hirth Group are exclusively representing the sale of 947-955 Venice Boulevard in Los Angeles, California. This two-story industrial property offers approximately 21,600 square feet of building space on an estimated 10,859-square-foot lot.
Built in 1958, the building features block/stucco construction, 3,000 square feet of office space, a 2,500-pound freight elevator, high ceilings, 3-phase power, skylight fans, a kitchenette, multiple bathrooms, a reception area, large windows on the façade, and an open floor plan. It also boasts great freeway access to the Santa Monica (I-10) Freeway and Harbor (110) Freeway.
This opportunity is ideal for owner-users to capitalize on the favorable vacancy rates and demand for industrial space in the submarket, potentially utilizing SBA financing with as little as 10% down.
The property is located within a State Enterprise Zone and an Opportunity Zone, providing tax benefits for investors and business owners. Buyers should verify details with the Los Angeles City.
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