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Three-Unit Industrial Building
For Sale
Contact for pricing
Pending

642-704 E 62nd St, Los Angeles, CA 90001

M2-zoned industrial property with heavy electrical capacity, gated parking, and a covered yard area.

Property SizeContact for details
Days on Market42

Property Features for 642-704 E 62nd St

General Information

Standard status Pending
Property subtype Industrial
Zoning M2

Financials

Cap Rate 7%
Gross Income $321,000

Site & Location

Fenced Yard Yes
Outdoor Storage Yes

Warehouse & Industrial

Power 1,000 amps
Heavy Power Yes

Building Details

Buildings 1
Listing Agency: Magnum Properties
Listed By: Ron Cohen · License #CA 01833987
Source: Crexi
Added: Jul 21 Changed: Aug 30 Last Checked: Aug 30 at 1:52AM

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 Magnum Properties

Investment Insights

Based on property information with market context.

This three-unit industrial building is configured for commercial and industrial operations, with heavy power service rated at 1000 amps. The property carries M2 zoning and includes gated parking along with an additional covered yard area. Its multi-unit layout provides separate industrial spaces within one building, while the available yard component adds functional outdoor coverage for property operations.

Located at 642-704 E 62nd St in Los Angeles, the property is offered for sale and may suit an owner-user or investor seeking an industrial asset with substantial electrical capacity. The source information also identifies a separate 25,000-square-foot property directly behind at 647 E Gage Ave, which may be available in conjunction with this building.

Key Highlights

  • Three‑unit industrial building
  • 1000‑amp heavy power service
  • M2 zoning

Property Analytics

Current Use

Industrial properties

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Skin Care Clinic Gym & Fitness Center Acupuncture

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Heavy power
Yes
Fenced yard

Location Intelligence

Trade Area within ½ mile

1,537
Businesses Nearby

Demographics for 90001, CA

55,859
Population
13,998
Households
4
Avg Household Size
30
Median Age
7%
College-Educated
49%
High-School Grad
3.3 sq mi
ZIP Area
16,927
Density / Sq Mi
$60,751
Median Household Income
$30,672
Median Earnings
$1,471
Median Rent
$513,300
Median Home Value

Market

Vacancy Rate% for Industrial in Los Angeles, CA

1.8% 2019
2.4% 2020
0.9% 2021
1.2% 2022
3% 2023
4.6% 2024
4.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Industrial property - M2-zoned industrial property with heavy electrical capacity, gated parking, and a covered yard area.
Where is this industrial property located?
The property is located at 642-704 E 62nd St Los Angeles, CA.
What are key features of this property?
This property features: Three‑unit industrial building; 1000‑amp heavy power service; M2 zoning
More about this property
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