11165 Tennesse ave, Los Angeles, CA 90064 For Sale Print this page

$2,550,000 

11165 Tennesse ave

11165 Tennesse ave, Los Angeles, CA 90064

PROPERTY INFORMATION

BUILDING SIZE 4,950 SF NO. STORIES 1
PRICE/SF $515.15 YEAR BUILT 1955
PROPERTY TYPE Industrial CLEAR CEILING HEIGHT 14 ft
PROPERTY SUB-TYPE Office Showroom DOCK-HIGH DOORS/LOADING 0
ADDITIONAL SUB-TYPES Office Warehouse DRIVE IN/GRADE – LEVEL DOORS 2
PROPERTY USE TYPE Vacant/Owner-User LOT SIZE 5,886 SF

HIGHLIGHTS

    • Prime West Los Angeles location with excellent visibility along the 405 freeway with a traffic count over 302,705 VPD
    • Great For Retail Showroom, Creative Office or Warehouse Uses
  • 90% financing through SBA
  • An Owner/User will save 60% purchasing vs. leasing with an after-tax projected equity build-up of $1,695,000 million over a 10 year period

DESCRIPTION

Hudson Partners is pleased to present the opportunity to acquire 11165 Tennessee an approximately 4,950 square foot industrial warehouse (with office) building, situated on approximately 5,886 square feet of land, located in a prime location of West Los Angeles. The subject property is ideal for an owner user in need of a showroom, creative office or warehouse space. Property is currently being utilized as an automotive retail center and will be delivered vacant at the close of escrow. Moreover the property offers an owner user or an investor the opportunity to acquire an asset that has great visibility and identity.

Now is the time to take advantage of low interest rates and protect your business from future rental market spike. Rather than paying rent to a landlord, your rent will pay off the property mortgage and provide a more attractive after tax return. Net occupancy cost after ownership benefits excluding appreciation is approximately $1.27 per-square foot. See attached Executive summary.


LOCATION OVERVIEW

One of the strongest attributes to the offering is the location of the property along the east side of 405 freeway between Olympic and Pico Blvd with tremendous freeway visibility and access.


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