5266 Valley Blvd
Los Angeles, California
Building
Stats
- Property Type Industrial - Manufacturing
- Year built 1990
- Building size (SF) 7,463
- Size (Ac) 0.41
- Price $2,050,000
Overview
The subject property consists of ±6,498 SF net rentable building area situated on 0.36 Acres (±15,706 SF) of land. Constructed in 1990, the building features 20’ ceiling height, 9 repair bays with 10’x14’ metal roll up doors and concrete paved yard, secured with rod iron fencing and 16 surface parking spaces (ratio of 2.56/1,000 SF). This asset is located within walking distance of California State University Los Angeles on the heavily trafficked commercial thoroughfare Valley Blvd with exposure to over over 28,000 vehicle trips per day. The property benefits from great street visibility and signage opportunities with ±75 feet of frontage on Valley Boulevard.
Highlights
• Property designed and constructed as a multi-tenant industrial facility
with 9 bays, each with their own office area, restrooms, mezzanine
storage and individual power meters
• All tenants are month-to-month paying significantly below market
rents - estimated market rent is $2 psf industrial gross
• High Density Population - ±775,000 people within a Five (5) Mile Radius
• Convenient access to Highway 710, two blocks east and Interstate 10
one mile south via the 710.
• Major Thoroughfare location Visible to Over 28,000 Cars per day in one
of the hottest appreciating industrial/commercial submarkets for small
business ownership in the City of Los Angeles - University Hills - due to
the zoning, location and affordability
• Housing Demand and Population Growth Driven Incubator Market-
Demand for housing is up over 60% since 2011. Home building
continues to expands and wages are rising. As the economy continues
to improve, demand for incubator units from small business ownership
will continue.
