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4258 E Washington Blvd - LoopNet · 2019. 3. 2. · PROPERTY INFORMATION 3 LOCATION INFORMATION 6...
Transcript of 4258 E Washington Blvd - LoopNet · 2019. 3. 2. · PROPERTY INFORMATION 3 LOCATION INFORMATION 6...
Industrial Property For Sale
4258 E Washington BlvdCommerce, CA 90023
700 South Flower Street, Suite 2526rosanopartners.com
PRESENTED BY:
Joshua JosephAssociate, Investment Sales [email protected]
3PROPERTY INFORMATION
6LOCATION INFORMATION
10FINANCIAL ANALYSIS
13DEMOGRAPHICS
TABLE OF CONTENTS
Commerce, CA 900234258 E Washington Blvd
700 South Flower Street, Suite 2526rosanopartners.com 2
Confidentiality & Disclaimer Contents
All materials and information received or derived from Rosano Partners, LLC itsdirectors, officers, agents, advisors, affiliates and/or any third party sources areprovided without representation or warranty as to completeness , veracity, oraccuracy, condition of the property, compliance or lack of compliance with applicablegovernmental requirements, developability or suitability, financial performance of theproperty, projected financial performance of the property for any party’s intended useor any and all other matters.
Neither Rosano Partners, LLC its directors, officers, agents, advisors, or affiliates makesany representation or warranty, express or implied, as to accuracy or completeness ofthe any materials or information provided, derived, or received. Materials andinformation from any source, whether written or verbal, that may be furnished forreview are not a substitute for a party’s active conduct of its own due diligence todetermine these and other matters of significance to such party. Rosano Partners, LLCwill not investigate or verify any such matters or conduct due diligence for a partyunless otherwise agreed in writing.
EACH PARTY SHALL CONDUCT ITS OWN INDEPENDENT INVESTIGATION AND DUEDILIGENCE.
Any party contemplating or under contract or in escrow for a transaction is urged toverify all information and to conduct their own inspections and investigations includingthrough appropriate third party independent professionals selected by such party. Allfinancial data should be verified by the party including by obtaining and readingapplicable documents and reports and consulting appropriate independentprofessionals. Rosano Partners, LLC makes no warranties and/or representationsregarding the veracity, completeness, or relevance of any financial data orassumptions. Rosano Partners, LLC does not serve as a financial advisor to any partyregarding any proposed transaction. All data and assumptions regarding financialperformance, including that used for financial modeling purposes, may differ fromactual data or performance. Any estimates of market rents and/or projected rents thatmay be provided to a party do not necessarily mean that rents can be established ator increased to that level. Parties must evaluate any applicable contractual andgovernmental limitations as well as market conditions,vacancy factors and other issuesin order to determine rents from or for the property.
Legal questions should be discussed by the party with an attorney. Tax questionsshould be discussed by the party with a certified public accountant or tax attorney.Title questions should be discussed by the party with a title officer or attorney.Questions regarding the condition of the property and whether the property complieswith applicable governmental requirements should be discussed by the party withappropriate engineers, architects, contractors, other consultants and governmentalagencies. All properties and services are marketed by Rosano Partners, LLC incompliance with all applicable fair housing and equal opportunity laws.
Rosano Partners //Offering Memorandum
700 South Flower Street, Suite 2526https://rosanopartners.com
Section 1
PROPERTYINFORMATION
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PROPERTY OVERVIEWRosano partners is pleased to present an amazing opportunity to purchase a 3,900 square foot Industrial Flex building on a 4,308 square foot lot in the City of Commerce. Originally built in 1947, this building was rebuilt in 2018 to include approximately 1,400 square feet of office space and 2,500 square feet of open warehouse space. Previously a classic car detailing and production studio, the warehouse has an epoxy coated flooring, an HD security surveillance system and a 22’ clear ceiling height. There is one ADA restroom, one grade level drive in door in the rear and 3 parking spaces at the main entrance on Washington Blvd The building is fully insulated and boasts an electrical capacity of 2100 Amps, enough to power production equipment and high capacity lighting. Amazing opportunity for an owner user to utilize the space for a Showroom, Creative Office, Gallery, Flex, Filming, or Production Studio.
PROPERTY HIGHLIGHTS
• Rebuilt in 2018
• Buildout for film production and creative studio
• Power Capacity of 2,100 Amps 3 Phase
• 22’ Clear Ceiling Height in warehouse area
• HD Security Surveillance System
PROPERTY SUMMARY
Sale Price: $1,350,000
Building Size: 3,900 SF
Lot Size: 4,308 SF
Grade Level Doors: 1
Ceiling Height: 22.0 FT
Year Built: 1947
Renovated: 2018
Zoning: CMM2
Cross Streets: Oak St. & Ash St.
EXECUTIVE SUMMARY
Commerce, CA 900234258 E Washington Blvd
700 South Flower Street, Suite 2526rosanopartners.com 5
ADDITIONAL PHOTOS
Commerce, CA 900234258 E Washington Blvd
700 South Flower Street, Suite 2526rosanopartners.com 5
ADDITIONAL PHOTOS
Commerce, CA 900234258 E Washington Blvd
700 South Flower Street, Suite 2526https://rosanopartners.com
Section 2
LOCATIONINFORMATION
6Rosano Partners //Offering Memorandum
MAP & DESCRIPTION
Commerce, CA 900234258 E Washington Blvd
700 South Flower Street, Suite 2526rosanopartners.com 7
DESCRIPTION
This property is located in the heart of Commerce, CA providing easy access to the 710, 10, and 5 freeways.
700 South Flower Street, Suite 2526rosanopartners.com 8
REGIONAL MAP
Commerce, CA 900234258 E Washington Blvd
AERIAL MAP
Commerce, CA 900234258 E Washington Blvd
700 South Flower Street, Suite 2526rosanopartners.com 9
Rosano Partners //Marketing and Value Presentation
700 South Flower Street, Suite 2526https://rosanopartners.com
Section 4
DEMOGRAPHICS
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POPULATION 1 MILE 3 MILES 5 MILES
Total population 16,010 311,904 850,886
Median age 26.6 28.6 29.9
Median age (Male) 24.9 27.6 28.9
Median age (Female) 29.2 29.5 30.9
HOUSEHOLDS & INCOME 1 MILE 3 MILES 5 MILES
Total households 3,516 77,300 215,949
# of persons per HH 4.6 4.0 3.9
Average HH income $45,171 $46,702 $50,559
Average house value $376,466 $379,927 $415,020
* Demographic data derived from 2010 US Census
DEMOGRAPHICS MAP & REPORT
Commerce, CA 900234258 E Washington Blvd
700 South Flower Street, Suite 2526rosanopartners.com 15
* Demographic data derived from 2010 US Census
1 Mile 3 Miles 5 Miles
Total Population 16,010 311,904 850,886
Population Density 5,096 11,031 10,834
Median Age 26.6 28.6 29.9
Median Age (Male) 24.9 27.6 28.9
Median Age (Female) 29.2 29.5 30.9
Total Households 3,516 77,300 215,949
# of Persons Per HH 4.6 4.0 3.9
Average HH Income $45,171 $46,702 $50,559
Average House Value $376,466 $379,927 $415,020
DEMOGRAPHICS MAP
Commerce, CA 900234258 E Washington Blvd
700 South Flower Street, Suite 2526rosanopartners.com
RP ADVANTAGE PAGE 4
Compton, CA 902214502 E Rosecrans Ave
Joshua Joseph Associate, Investment SalesBRE: 02068313D: 213.802.0304E: [email protected] PartnersLos Angeles Office700 S. Flower St, Suite 2526Los Angeles, CA 90017www.RosanoPartners.com