1607 S Grand Ave - Warehouse FOR SALE


Los Angeles, CA 90015- South Park
$5,200,000 USD
213-924-7147
1607 S Grand Ave, Los Angeles, CA for Sale
$5,200,000 USD
Warehouse - FOR SALE
1/12
null | Request Cap Rate

NEW


1607 S Grand Ave
Los Angeles, CA 90015
South Park


HIGHLIGHTS

  • Industrial Facility With 2 Connected Adjacent Buildings
  • Prime Location at Corner of Grand Ave and Venice Blvd
  • Bow Truss, 5,000 SF of Office Space, Loading Doors, 400 Amps Power
  • Parking for 20± Vehicles Along Sides of Building
  • Buildings Must Be Taken Together

OVERVIEW

1607 S Grand Avenue and 320 Venice Boulevard present a rare opportunity to acquire a dual-building industrial property in one of Downtown Los Angeles’ most strategically positioned commercial corridors. Located at the prominent southwest corner of Grand and Venice, the property offers exceptional visibility in a high-traffic environment just one block north of the I-10 Freeway, providing seamless regional access and connectivity to Greater Los Angeles. The combined site consists of approximately 26,100 square feet of land improved with two industrial buildings totaling approximately 20,000 square feet, each offering distinct utility while functioning cohesively as a unified operational footprint. 5,000 square feet of offices with HVAC are included. The Grand Avenue building, constructed in 1976, offers an efficient layout with clear heights of approximately twelve feet, sprinklered interiors, multiple restrooms, and a grade-level loading door suitable for a wide range of light industrial, warehousing, or distribution uses. The Venice Boulevard building, originally built in 1923, features additional workspace, a bonus mezzanine, roll-up loading access, and flexible interior configurations that support both creative and traditional industrial operations. The site’s perimeter parking and dual ingress points enhance maneuverability for vehicles and freight, a highly desirable advantage within the dense downtown environment. Its Qualified Opportunity Zone designation presents compelling tax-advantaged potential for investors seeking long-term value creation, while the location’s proximity to major employment centers, civic anchors, and Downtown LA’s constantly growing residential base further strengthens the property’s strategic appeal. For owner-users, the ability to control two adjacent structures within an urban infill setting creates operational efficiency and rare scalability. For investors, the offering provides a versatile asset that can be stabilized through leasing or repositioned for higher and better uses subject to zoning. With excellent visibility, strong logistical advantages, and flexible layout potential, this asset stands out as a premier industrial acquisition opportunity in the heart of Downtown Los Angeles.

FOR SALE DETAILS

PRICE

$5,200,000 USD

PRICE/SF

$260 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

DTLA Industrial Facility With Parking

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2019

UTILITIES

-

CLEAR CEILING HT

12 Ft

DOCKS

-

DRIVE INS

-

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.6

LAND SF

26,100

ZONING

[HB3-G1-5][CX3-FA][CPIO]

APN/PARCEL ID

5134-014-020,5134-014-022

ASK ABOUT THIS PROPERTY

Mark SilvermanMajor PropertiesMore Info
213-924-7147

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Mark SilvermanMajor PropertiesMore Info
213-924-7147

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.