Listing Agency: Major Properties

Listed By: Daniel Moussazadeh · License #CA 02058572 Show Phone

Source: Crexi

Added: Sep 18 Changed: Sep 24 Last Checked: Sep 24 at 2:26PM

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Investment Insights

Based on property information with market context.

This industrial land parcel is zoned LA M2, with industrial use identified for the site. It lies within a Qualified Designated Opportunity Zone.

The property is three blocks north of the Santa Monica (I-10) Freeway and just west of Hooper Avenue, in downtown Los Angeles.

Key Highlights

• LA M2 zoning
• Located in a Qualified Designated Opportunity Zone
• Three blocks north of the Santa Monica (I‑10) Freeway

Property Analytics

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Current Use

Industrial land

Suggested Use

Top Pick Veterinary Clinic (Bike/Boat/Book/etc) Store Nursing Home Tanning Salon Pet Grooming Service Restaurant

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

Location Intelligence

Trade Area within ½ mile

4,448

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

1.8% 2019

2.4% 2020

0.9% 2021

1.2% 2022

3% 2023

4.6% 2024

4.6% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this industrial land located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Industrial land - M2-zoned parcel positioned for industrial use near the Santa Monica Freeway.

Where is this industrial land located?

The property is located at 1400 Newton St Los Angeles, CA.

What is the asking price?

The asking price for this property is $1,100,000.

What are key features of this property?

This property features: LA M2 zoning; Located in a Qualified Designated Opportunity Zone; Three blocks north of the Santa Monica (I‑10) Freeway