$$ 9MM Owner/User Industrial Property (99058) Yan

4423 District Blvd Vernon Los Angeles, CA 90058

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FOR SALE Incentives
Property Type:
Factory
Amount:
$9,000,000
Last Verified:
Jul 05, 2017


Description

Asking Price:
$8,850,000
Due Diligence :
up to 15 days
Closing Period:
up to 30 days

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Year Built: 1960
Building Size: 28880.0sq ft
Lot Size: 0.0 acres

Map of 4423 District Blvd Vernon, Los Angeles, CA, 90058

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Real Estate Incentives (What is this?)
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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.