5850 Towne Ave - Manufacturing FOR SALE


Los Angeles, CA 90003- Vernon-Main
$599,000 USD
310-261-8692
5850 Towne Ave, Los Angeles, CA for Sale
$599,000 USD
Manufacturing - FOR SALE
1/1
null | Request Cap Rate

5850 Towne Ave
Los Angeles, CA 90003
Vernon-Main


HIGHLIGHTS

  • Features a secure fenced lot and on-site parking, enhancing operational convenience and security.
  • Includes one grade-level loading door, supporting efficient loading and unloading operations.
  • Positioned in a highly walkable area with strong connectivity to major Los Angeles transportation routes.
  • Zoned LAMR1 (Restricted Industrial), suitable for light manufacturing, wholesale businesses, or creative studio uses.
  • Located in a designated Opportunity Zone, offering potential tax advantages for qualifying investors.

OVERVIEW

A rare opportunity to acquire two contiguous industrial parcels in one of Los Angeles' most tightly-held manufacturing corridors where commercial properties rarely change hands. This 4,620 SF offering features 184 feet of frontage on Towne Avenue with 25 feet of depth. The 5836 Towne Avenue parcel currently serves as parking and storage with capacity for up to 8 stacked vehicles, while 5850 Towne Avenue features a 2,500 SF one-story cinder block structure currently operating as a furniture manufacturing facility. Most notably, the building is equipped with heavy-duty 440-volt, 3-phase electrical panels, an expensive infrastructure upgrade that's already in place and ready for industrial operations. Zoned MR1-2D-CPIO (Restricted Industrial), both parcels are ideally suited for light manufacturing, wholesale businesses, creative studios, tech facilities, and professional offices. Whether you're an established manufacturer seeking to own your facility or an investor targeting South LA's growing industrial demand, this rarely-available dual-parcel opportunity delivers immediate functionality with significant upside potential. All information is deemed reliable but not guaranteed; potential buyers are strongly encouraged to consult the City of Los Angeles Building and Planning Departments and their own experts to verify zoning, permits, and allowable uses.

FOR SALE DETAILS

PRICE

$599,000 USD

PRICE/SF

$240 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Manufacturing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1946

UTILITIES

Lighting - Fluorescent

CLEAR CEILING HT

8 Ft

DOCKS

-

DRIVE INS

1

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.1

LAND SF

4,356

ZONING

LAMR1

APN/PARCEL ID

6006-031-003

ASK ABOUT THIS PROPERTY

David RosenfeldAdvantage Real EstateMore Info
310-261-8692

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David RosenfeldAdvantage Real EstateMore Info
310-261-8692

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