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4715 West Washington Boulevard
Multi-Purpose Flex / Redevelopment | Prime Mid-City
4715 W Washington Blvd
Los Angeles, CA 90016
4715 W Washington Boulevard, an excellent owner-user multi-tenant retail, creative office, or future redevelopment opportunity. The vacant 1,712 square foot building offers complete flexibility to a buyer and is ideally located on Mid-City’s main thoroughfare, which has seen an influx of businesses and consumer driven growth over the last several years. 4715 W Washington Boulevard is a unique property comprised of 7,086 square feet of land that can be utilized for a multi-tenant retail space, creative office, or a future mixed-use development. The property consists of a large lot they may be utilized for parking, three bathrooms, units are separately metered for water and electricity, an open backyard, and the ability to subdivide the building into 3 units. The property is zoned C2-1VLO- CPIO (TOC Tier 1), allowing for a variety of commercial uses or the potential to build up to 14 residential units when applying Transit Oriented Communities Affordable Housing Incentive Program. The current zoning allows for 8 units by right, 14 units with Tier 1 TOC, and an additional 3 future ADU units, for a total of 17 potential units.
Property Highlights
- Price - $1,350,000
- Building - 1,712 SF
- Price Per SF Land - $191
- Lot - 7,086 SF
- Zoned - C2-1VL-O-CPIO
- All Cash
- 17-Day Escrow
- 12-Day Due Diligence
- Location - Mid-City