2842 S Grand Ave - Warehouse FOR SALE


Los Angeles, CA 90007- West Adams
$2,050,000 USD
818-212-2667
2842 S Grand Ave, Los Angeles, CA for Sale
$2,050,000 USD
Warehouse - FOR SALE
1/13
null | Request Cap Rate

NEW


2842 S Grand Ave
Los Angeles, CA 90007
West Adams


HIGHLIGHTS

  • Industrial Warehouse
  • 14-18 Ft Ceilings | Skylights | Ground Level Loading Door
  • New Roof 2024 | New HVAC 2023
  • Tenant on Month To Month Lease
  • Owner/User - SBA Financing | Secured Parking For 8 Cars
  • Showroom, Office, & Production Area

OVERVIEW

Floyd Group of Marcus & Millichap is pleased to present 2842 S Grand Avenue, a highly functional industrial asset in the heart of Downtown Los Angeles. Listed at $2,050,000, this ±6,760 SF freestanding building sits on an ±8,747 SF corner lot and is zoned LAM1 (Light Manufacturing), making it an exceptional opportunity for owner-users, investors, or developers seeking flexibility and future upside. The property will be delivered vacant, allowing for immediate occupancy and making it SBA-financing eligible—a rare advantage in one of the most supply-constrained submarkets in Southern California. With a competitive price per square foot for the DTLA industrial market, this asset offers significant value on both a current use and long-term hold basis. The Los Angeles Downtown Industrial District (LADID) is a historic manufacturing and wholesale area, home to the Los Angeles Wholesale Produce Market—the second-largest produce market in the United States. The district's rich industrial heritage continues to influence its character and appeal. DTLA is experiencing significant growth, with investments in housing, retail, education, and cultural attractions. Notable upcoming projects include the Broad Museum’s expansion and the Colburn Center, reinforcing the area’s reputation as a creative and commercial hotspot.

FOR SALE DETAILS

PRICE

$2,050,000 USD

PRICE/SF

$303 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

1951

UTILITIES

Lighting, Gas, Water, Sewer, Heating

CLEAR CEILING HT

13 Ft

DOCKS

-

DRIVE INS

1

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.2

LAND SF

8,712

ZONING

M1

APN/PARCEL ID

5122-011-005

ASK ABOUT THIS PROPERTY

Floyd ShaheenFloyd GroupMore Info
818-212-2667

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Floyd ShaheenFloyd GroupMore Info
818-212-2667

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