Jodi Summers
Sotheby’s International Realty
310.392.1211
jodi@jodisummers.com
INDUSTRIAL COMPLEX WITH CASH FLOW AND UPSIDE
M2 Industrial at a 5+% cap rate.
52,020 square foot lot with future development potential.
Here’s an industrial complex selling at an estimated 5.8% cap rate on Indiana St. in Los Angeles ~ east of the 5 and north of the 10.
• Asking: $2,990,000
•Annual Gross Income: $212,760
•Cap Rate: 5.8% (selling side’s estimate)
•Occupancy: 100%
•Lot Size: 52,020 SF (1.19 acres)
• Building Size: 34,837 SF
•Two Separate Metal Buildings (21,600 SF + 13,237 SF)
•Zone: M2
•Fenced Yard
•Future Redevelopment Opportunity
Please contact us for more information.
Best,
Jodi Summers
Broker Associate
Sotheby’s International Realty
310.392.1211
jodi@jodisummers.com
www.SoCalIndustrialRealEstateBlog.com
CalBRE - 01343854
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Forget not that the earth delights to feel your bare feet and the winds long to play with your hair. - Khalil Gibran
p.s. This is not intended as a solicitation if your property is already listed with another agent. Broker/Agent may not hold the listing on this property and does not guarantee the accuracy of the square footage, lot size or other information concerning the conditions or features of the property provided by the seller or obtained from Public Records or other sources.
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