Industrial Portfolio with Freeway
For Sale
Contact for pricing
1111 East 16th Street, Los Angeles, CA 90021
Two industrial facilities in a wholesale district with 10 FWY frontage and direct access to major freeways.
Property SizeContact for details
Days on Market123
Property Features for 1111 East 16th Street
General Information
Standard status
Active
Property subtype
Industrial
Listing Agency:
Global Commercial Real Estate
(213) 221-1288
Listed By:
Vee Sookiasian · License #CA 02039708
Source:
Crexi
Added: Apr 10
Changed: Aug 8
Last Checked: Jul 21 at 1:23AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Global Commercial Real Estate
Investment Insights
Based on property information with market context.
This for-sale portfolio includes two industrial properties. 1518 Paloma St is a 27,070 building-square-foot facility on a 28,606 square-foot lot, built in 1907, with 54% occupancy. 1111 E 16th Street is a 32,915 building-square-foot facility on a 43,269 square-foot lot, built in 1964, with 100% occupancy.
Both assets are presented as Opportunity Zone eligible and feature 10 FWY frontage with direct access to major freeways. The portfolio is located in the San Pedro Wholesale District, with proximity to the Arts District and South Park.
The properties are being marketed through a Ten-X auction with dates set for April 15–17, and a minimum bid of $6M for both properties.
Both assets are presented as Opportunity Zone eligible and feature 10 FWY frontage with direct access to major freeways. The portfolio is located in the San Pedro Wholesale District, with proximity to the Arts District and South Park.
The properties are being marketed through a Ten-X auction with dates set for April 15–17, and a minimum bid of $6M for both properties.
Key Highlights
- Two industrial facilities in the San Pedro Wholesale District with 10 FWY frontage and direct access to major freeways
- 1518 Paloma St: 27,070 building SF on a 28,606 SF lot; built in 1907; 54% occupied
- 1111 E 16th Street: 32,915 building SF on a 43,269 SF lot; built in 1964; 100% occupied
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
4,881
Businesses Nearby
Explore this area
Business Placement
Demographics for 90021, CA
5,192
Population
1,694
Households
3.1
Avg Household Size
46
Median Age
20%
College-Educated
64%
High-School Grad
2.0 sq mi
ZIP Area
2,596
Density / Sq Mi
$32,250
Median Household Income
$35,528
Median Earnings
$984
Median Rent
$1,075,800
Median Home Value
Market
Vacancy Rate% for Industrial in Los Angeles, CA
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Distribution center - Two industrial facilities in a wholesale district with 10 FWY frontage and direct access to major freeways.
Where is this distribution center located?
The property is located at 1111 East 16th Street Los Angeles, CA.
What are key features of this property?
This property features: Two industrial facilities in the San Pedro Wholesale District with 10 FWY frontage and direct access to major freeways; 1518 Paloma St: 27,070 building SF on a 28,606 SF lot; built in 1907; 54% occupied; 1111 E 16th Street: 32,915 building SF on a 43,269 SF lot; built in 1964; 100% occupied
