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Warehouse

Londelius Street Single-Tenant

19340 Londelius St, Los Angeles, CA 91324

Listing Price: $3,580,000

Cap Rate
1.00%
Gross SF
9,296
Price/Gross SF
$385.11
Lot Size
0.34 acres
Year Built
1968
Rentable SF
9,296

Investment Overview

The property is a vacant single-tenant industrial building that offers a total of 9,296 square feet of space situated on 0.34 acres of land. This industrial property features masonry construction with a clear height of 14 feet, providing ample space for various industrial uses. The building is equipped with one rear grade-level door, allowing for easy access and maneuverability. Additionally, the property has 3-phase power, which is ideal for businesses that require heavy machinery or equipment. The site is secured with rear gated parking, providing a safe and private area for employees and visitors. The property's new slurry-coated asphalt adds to its overall appeal and functionality. The building's design and features make it an attractive option for businesses looking for a functional and secure industrial space.

The property has undergone a full renovation, transforming it into a turnkey asset that is ready for immediate use or a lease-up investment opportunity. The renovation includes a new roof, which provides a waterproof and durable covering for the building. The installation of a new HVAC system ensures a comfortable working environment, while the office buildout provides a functional and efficient workspace. The interior finishes have also been updated, creating a modern and welcoming atmosphere. The renovation has enhanced the property's overall value and appeal, making it an attractive option for businesses and investors. The property's turnkey status eliminates the need for additional renovations or upgrades, allowing businesses to focus on their operations. The renovation has also increased the property's potential for generating revenue through lease or resale.

The property's prime location in Northridge provides easy access to major transportation routes, including Interstate 405, U.S. Route 101, and State Route 118. This strategic location allows businesses to efficiently transport goods and services, reducing logistics costs and increasing productivity. The proximity to these major highways also provides employees with convenient commuting options, reducing travel time and increasing job satisfaction. The Northridge location is also known for its business-friendly environment, with a strong economy and a high demand for industrial space. The property's location and features make it an ideal option for businesses looking to establish or expand their operations in the area. The property's accessibility and functionality make it a valuable asset for any business or investor. The location is also close to various amenities, making it a desirable location for businesses and employees alike.

Investment Highlights

  • Vacant Single-Tenant 9,296-Square-Foot Industrial Property Situated on 0.34 Acres
  • Featuring Masonry Construction with 14' Clear Height, One Rear Grade-Level Door, and 3-Phase Power
  • Fully Renovated Turnkey Asset Available for Owner Use or Lease-Up Investment Opportunity
  • New Roof, HVAC, Office Buildout and Interior Finishes
  • Secured Site with Rear Gated Parking and New Slurry-Coated Asphalt
  • Prime Northridge Location, Proximity to I-405, U.S. 101, and SR 118

Exclusively Listed By

Financing By

Warehouse

Londelius Street Single-Tenant

Listing Price: $3,580,000

Cap Rate
1.00%
Gross SF
9,296
Price/Gross SF
$385.11
Lot Size
0.34 acres
Year Built
1968
Rentable SF
9,296

Investment Highlights

  • Vacant Single-Tenant 9,296-Square-Foot Industrial Property Situated on 0.34 Acres
  • Featuring Masonry Construction with 14' Clear Height, One Rear Grade-Level Door, and 3-Phase Power
  • Fully Renovated Turnkey Asset Available for Owner Use or Lease-Up Investment Opportunity
  • New Roof, HVAC, Office Buildout and Interior Finishes
  • Secured Site with Rear Gated Parking and New Slurry-Coated Asphalt
  • Prime Northridge Location, Proximity to I-405, U.S. 101, and SR 118

Investment Overview

The property is a vacant single-tenant industrial building that offers a total of 9,296 square feet of space situated on 0.34 acres of land. This industrial property features masonry construction with a clear height of 14 feet, providing ample space for various industrial uses. The building is equipped with one rear grade-level door, allowing for easy access and maneuverability. Additionally, the property has 3-phase power, which is ideal for businesses that require heavy machinery or equipment. The site is secured with rear gated parking, providing a safe and private area for employees and visitors. The property's new slurry-coated asphalt adds to its overall appeal and functionality. The building's design and features make it an attractive option for businesses looking for a functional and secure industrial space. The property has undergone a full renovation, transforming it into a turnkey asset that is ready for immediate use or a lease-up investment opportunity. The renovation includes a new roof, which provides a waterproof and durable covering for the building. The installation of a new HVAC system ensures a comfortable working environment, while the office buildout provides a functional and efficient workspace. The interior finishes have also been updated, creating a modern and welcoming atmosphere. The renovation has enhanced the property's overall value and appeal, making it an attractive option for businesses and investors. The property's turnkey status eliminates the need for additional renovations or upgrades, allowing businesses to focus on their operations. The renovation has also increased the property's potential for generating revenue through lease or resale. The property's prime location in Northridge provides easy access to major transportation routes, including Interstate 405, U.S. Route 101, and State Route 118. This strategic location allows businesses to efficiently transport goods and services, reducing logistics costs and increasing productivity. The proximity to these major highways also provides employees with convenient commuting options, reducing travel time and increasing job satisfaction. The Northridge location is also known for its business-friendly environment, with a strong economy and a high demand for industrial space. The property's location and features make it an ideal option for businesses looking to establish or expand their operations in the area. The property's accessibility and functionality make it a valuable asset for any business or investor. The location is also close to various amenities, making it a desirable location for businesses and employees alike.

Exclusively Listed By

Financing By

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