Silva Babaian  Realtor, Real Estate Agent, Granada Hills, CA

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    519 Hindry Avenue, Inglewood, CA 90301
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    519 Hindry Avenue
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    • MLS#: 24403943 ( )
    • Street Address: 519 Hindry Avenue
    • Viewed: 15
    • Price: $6,650,000
    • Price sqft: $0
    • Waterfront: No
    • Year Built: 1951
    • Bldg sqft: 0
    • Days On Market: 267
    • Additional Information
    • County: LOS ANGELES
    • City: Inglewood
    • Zipcode: 90301
    • Provided by: CBRE, Inc.
    • Contact: Brice Brice
    • DMCA Notice
    • Description
      Priced to sell at a 5% cap nnn. "2025" cap rate will be 5. 7%. High functionality and obvious logistical strengths that cannot be replicated in other buildings. Or in other greater la submarkets. One of the most sought after locations in greater la, for industrial tenants, particularly logistics, auto body and supporting services for the aircraft and rental car industries, situated perfectly between the 405 fwy. And lax. A block from the new, "future entrance to lax", aka the $6b intermodal transportation facility a 3mm sq. Ft. Hub of parking, rental cars, concessions and access to and from lax's 9 aircraft terminals. Once fully operational, travelers will enter and exit lax through this facility riding a tram along century blvd. , to and from the terminal buildings. 519 s. Hindry aka 5 star doggie inn (7,762 sq. Ft. On a 11,471 sq. Ft. Lot):a build out of warehouse, boarding and office with a secured, rear yard and ample parking in front. Currently paying $13,200 per month. This tenant is on a month month rental agreement. Immediate flexibility for a buyer. Market rent estimated at $14,500 per month. 523 s. Hindry aka auto body pros (7,174 sq. Ft. On a 13,141 sq. Ft. Lot):a large warehouse type structure, with a newer roof, housing an auto repair and body shop. And 2 permitted spray booths also rare and hard to establish, if you were a new tenant in la. This amenity has significant inherent value. Currently paying $13,978 per month. Market rent estimated at $17,250 per month this lease jumps to "market" may 2025. Current nnn income $326,136 per year. Market nnn income may 2025 could be $381,000! Just reduced $850,000. Priced to sell at $6,650,000.
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    Features
    Building Area Total
    1. 14936.00
    Cooling
    1. None
    Country
    1. US
    Heating
    1. None
    Levels
    1. One
    Netoperatingincome
    1. 326136.00
    Parcel Number
    1. 4126006009
    Parking Features
    1. Private
    Postalcodeplus4
    1. 2017
    Sourcesystemkey
    1. 24-403943:CLAW
    Totalexpenses
    1. 0.00
    Views
    1. 15
    Year Built
    1. 1951
    Zoning
    1. INM1*
    Headshot for Associate Silva Babaian
    1. Silva Babaian / Realtor
    2. Coldwell Banker Exclusive
    3. CalBRE Lic # 01365805
    4. Mobile: 818.414.6744
    5. Fax: 818.338.5836