2378 W Washington Boulevard
Los Angeles, CA 90018
$3,995,900
- 0.55 acres
- Built 1925
Listed by KELLER WILLIAMS REALTY · MLS #CV26141616
Property photos are not available.
A FEW THINGS TO NOTICE
What stands out.
Year built
Built in 1925.
Property size
0.55 acres listed.
Highlights from the listing description and property details. Confirm features with the listing agent.
THE PROPERTY
Get to know the property.
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.
THE NEIGHBORHOOD
Explore the location.
2378 W Washington Boulevard, Los Angeles, CA 90018
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THE DETAILS
The details, all in one place.
- Property type
- CommercialSale
- Category
- Commercial
- Year built
- 1925
- Fencing
- AverageCondition
- Zoning
- LAC 1.5
- Parcel
- 5073028008
- Annual property tax
- $11,412.00
Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.
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2378 W Washington Boulevard, Los Angeles, CA 90018 · MLS #CV26141616
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Listing information
MLS #CV26141616 · California Regional MLS
Listing brokerage: KELLER WILLIAMS REALTY
Listing agent: Manlio Ceja-Gomez
Listing status: Active. Record updated . Confirm current availability and price with the listing agent.
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