Description

5-Building Portfolio Bankruptcy Sale – Prime owner-user, investment, or development opportunity in one of the most sought after and fastest growing neighborhoods in Los Angeles. 5 buildings on 2 lots totaling 33,000+/- SF of prime West Adams real estate. 5112-5118 W Jefferson and 3416 S. Orange Dr. are Three (3) warehouse buildings totaling approximately 22,375 +/- SF. All three buildings are currently occupied by month-to-month tenants and the second story of the rear building is vacant. Again – all tenants are month-to-month. 3409-3421 S La Brea is a 10,965+/- SF property comprised of 6,000+/- SF of retail space on La Brea Ave with a separate warehouse building at the rear of the building (3416 1/2 S Orange Dr.) that is 4,965+/- SF. There are currently two tenants occupying 65% of the retail space. Both/ALL tenants are month-to-month as well and the rear warehouse space (3416 1/2 S. Orange Dr) is vacant.PHASE I and PHASE II Reports are complete and CLEAN – NO ACTION REQUIRED. The properties/portfolio must be purchased together and are subject to Bankruptcy Court Overbid process. THIS RARE OPPORTUNITY IS LISTED AN INCREDIBLY LOW PRICE OF $285.00 PER SQUARE FOOT*** All Tenants are Month-to-Month -Tier 3 TOC – Opportunity Zone – Steps to the Metro Expo Line that connects Downtown Los Angeles to Santa Monica. *** Income details are both actual and projected. Income will vary depending on the new owner’s usage.