2378 W Washington Boulevard, Los Angeles, CA, 90018

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$3,995,900
82 Days On Site

2378 W Washington Boulevard
Los Angeles, CA 90018

For Sale|Industrial|Active
0
Beds
0
Total Baths
15,552
SqFt
$257
/SqFt
1925
Built
County:
Los Angeles
Listed by Manlio Ceja-Gomez of KELLER WILLIAMS REALTY favio@homesbyfavio.com
Call Now: 951-203-4426
Is this the listing for you? We can help make it yours.
951-203-4426
2378 W Washington Boulevard2378 W Washington Boulevard2378 W Washington Boulevard2378 W Washington Boulevard
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Monthly Payment (Est.)

$18,231
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Exceptional opportunity to acquire a highly versatile commercial property consisting of three parcels and four property addresses. See remarks for additional information. Strategically positioned along the highly traveled Washington Boulevard corridor between Downtown Los Angeles and the Westside, this multi-parcel asset offers outstanding visibility, accessibility, and long-term upside. The property features approximately 15,000+ square feet of improvements situated on three contiguous parcels totaling close to 20,000 square feet (Buyer to independently verify). The site includes a combination of warehouse, industrial, and commercial improvements with generous ceiling heights, heavy power capacity, multiple access points, and flexible configurations suitable for a variety of owner-user, industrial, manufacturing, wholesale, distribution, retail, creative, or investment uses. Public records indicate portions of the improvements date back to the 1920s, with subsequent additions and alterations over the years, reflecting the property’s long-standing commercial use. The second floor offers three office spaces, one conference room and one restroom. One of the property’s most compelling attributes is its location within a designated Opportunity Zone, presenting investors and developers with the potential for significant long-term tax advantages while capitalizing on the continued revitalization of the surrounding area (buyers should consult their tax and legal advisors regarding Opportunity Zone benefits). Additionally, the property is zoned for commercial/industrial use, providing flexibility for future redevelopment or repositioning, subject to city approval. Located just minutes from Downtown Los Angeles, the I-10 Santa Monica Freeway, USC, the Expo Line, and numerous new residential and mixed-use developments, this asset benefits from strong demographics, excellent transportation connectivity, and increasing demand for industrial and commercial space in Central Los Angeles. Whether you’re an owner-user seeking a strategic operating location, an investor looking for stable long-term value, or a developer pursuing a future redevelopment opportunity in one of Los Angeles’ most active growth corridors, this is a rare offering with exceptional potential. Buyer to independently verify all square footage, zoning, permitted uses, development potential, Opportunity Zone benefits, and all information through their own investigations.

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Listing Snapshot
Price 
$3,995,900
Days On Site 
82 Days
Bedrooms 
N/A
Inside Area (SqFt) 
15,552 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.5544 Acres
Year Built 
1925
MLS® Number 
CV26141616
Status 
Active
Property Tax 
$11,412
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
See Remarks
Friends & Family
Recent Activity
3 months agoListing updated with changes from the MLS®
3 months agoListing first seen on site
General Features
Acres 
0.5544
Carport 
20
Land Lease 
No
Number Of Stories 
2
Parking Spaces 
45
Property Sub Type 
Industrial
Special Circumstances 
Standard
SqFt Total 
15552
Water Source 
Public
Zoning 
LAC 1.5
Interior Features
Laundry Features 
None
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Exterior Features
Lot Features 
Near Public Transit
Roof 
AsphaltFlat
Community Features
MLS Area 
WLA - West Los Angeles
Financing Terms Available 
CashConventionalUSDA Loan


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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