1671 E 23rd St - Warehouse FOR SALE


Los Angeles, CA 90011- Southeast Los Angeles
$6,700,000 USD
213-590-3512
1671 E 23rd St, Los Angeles, CA for Sale
$6,700,000 USD
Warehouse - FOR SALE
1/20
null | Request Cap Rate

1671 E 23rd St
Los Angeles, CA 90011
Southeast Los Angeles


HIGHLIGHTS

  • First Time on Market Since 2013!
  • Gated Fence-Secured Parking for 60 Cars
  • Well Maintained Multi-Tenant Industrial Building
  • Existing Income Partially in Place
  • Ideal for Owner-User SBA Purchase
  • Convenient Access to all Major Highways

OVERVIEW

Total Building Size on Title: 23,142SF - certain portions of buildings not on title. Taxes are for all parcels. Additional APN# 5118-023-015, 016, 017, 018, 029. Construction is mixed - brick + block. Office size is approximate. Offices are irregular shapes. Warehouse HVAC only in 1659 E. 23rd Street Call brokers for commission information. Buyer to verify all including building/land square footage, permitted office size, dates of construction, clear height, power, sprinkler calculation, zoning, permitting and permitted uses, ADA compliance, parking, building and roof condition, HVAC, access, encroachments, floor load and taxes. Buyer to obtain business license and confirm zoning and use prior to waiver of contingencies. Seller to verify all tax implications of the sale with the accountant or attorney of their choice. 1643-1671 E 23rd Street offers ±25,432 SF of well-maintained, multi-tenant industrial space on ±48,504 SF of land in a central Los Angeles location. The property features a fenced and gated yard with parking for ±60 vehicles, dock-high and ground-level loading, and 12’-22’ clear height, with existing income in place. Ideal for owner-users or investors, the site provides convenient access to major freeways and strong proximity to Downtown LA.

FOR SALE DETAILS

PRICE

$6,700,000 USD

PRICE/SF

$263 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1959

UTILITIES

-

CLEAR CEILING HT

12 Ft

DOCKS

1

DRIVE INS

3

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.9

LAND SF

39,204

ZONING

M1-2, Los Angeles

APN/PARCEL ID

5118-023-014,5118-023-015,5118-023-016,5118-023-017,5118-023-018

ASK ABOUT THIS PROPERTY

Jack ClineLee & AssociatesMore Info
213-590-3512

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Jack ClineLee & AssociatesMore Info
213-590-3512

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