Functional Industrial/Flexible Space
For Sale
Contact for pricing
650 E 16th St, Los Angeles, CA 90015
Clean, maintained industrial/flexible space with fenced parking. Owner-user opportunity.
Property Size31,000 SF
Lot Size1.19 Acres
Price / SF$81
Days on Market589
Property Features for 650 E 16th St
General Information
Standard status
Active
Size
31,000 SF
Lot size
1.19 Acres
Property subtype
INDUSTRIAL
Listing Agency:
Lee & Associates
(213) 290-3599
Listed By:
Sehyung Kim · License #01327276
(213) 290-3599
Source:
Moodyscre
Added: Dec 19, 2024
Changed: Jul 6
Last Checked: Jul 21 at 8:45AM
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 Lee & Associates
Investment Insights
Based on property information with market context.
This industrial/flexible space presents an owner-user purchase opportunity. The property, which has been maintained, features fenced parking. It is situated on a long-term ground lease from Cal Trans with a minimal lease rate. The property has not been on the market in over 20 years. The property size is 31000 square feet.
Key Highlights
- Long Term Ground Lease from Cal Trans - Minimal Lease Rate
- Very Clean, Functional, Maintained Industrial/Flexible Space
- Amazing Owner‑User Purchase Opportunity**
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
8,541
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 90015, CA
27,324
Population
14,635
Households
1.9
Avg Household Size
34
Median Age
48%
College-Educated
79%
High-School Grad
1.7 sq mi
ZIP Area
16,073
Density / Sq Mi
$63,211
Median Household Income
$47,819
Median Earnings
$2,385
Median Rent
$1,000,800
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?
Flex space - Clean, maintained industrial/flexible space with fenced parking. Owner-user opportunity.
Where is this flex space located?
The property is located at 650 E 16th St Los Angeles, CA.
What is the asking price?
The asking price for this property is $2,511,000.
What are key features of this property?
This property features: Long Term Ground Lease from Cal Trans - Minimal Lease Rate; Very Clean, Functional, Maintained Industrial/Flexible Space; Amazing Owner‑User Purchase Opportunity**
