915 Venice Blvd, Los Angeles, CA for sale

Investment Overview

Perfect for last-mile distribution, including a micro-fulfillment center with on-grade loading; extensive exterior and interior security systems (mag locks, cameras, key-card access, alarm system, and robust exterior lighting); and 3,200 square feet of temperature-controlled, clear-span space adjacent to the loading door, with power distributed for smart rack systems designed to maximize efficiency, speed, and storage density. The property also includes an additional 3,000 square feet programmed for packing and dispatch, supplemental storage, office space, a vault, four ADA-compliant restrooms, a staff locker room, and a staff kitchen. The building also functions as an exceptional industrial showroom, featuring stunning interior lighting, polished concrete floors, a secure lobby, and street-facing display wall and signage to support branding. This property further provides an owner-user or value-add investor the ability to leverage its Opportunity Zone location to reduce or eliminate capital gains taxes (consult a CPA), improve cash flow through application of newly reinstated 100% bonus depreciation to qualifying components of the property, and reduce operating costs through its LEED Silver–certified design.

Investment Highlights

• Micro-fulfillment center, industrial showroom, light-distribution, temperature-controlled storage
• $230,000,000 spent on groceries, apparel, pets, prescriptions, and other small goods within 1 mile!
• Located at the intersection of the 10 and 110 freeways, with quick access to 310,000 people within two miles
• $1,350,000 invested in capital improvements on the property
• Tax benefits of the DTLA Opportunity Zone
• Seller financing is available for qualified buyers and terms