Back to Search

Turn-Key Industrial Opportunity with Expansion

3242 Fowler St, Los Angeles, CA 90063

View on Map

For Sale

$595,000

Renovated industrial property with development upside in East LA.

Property size:

1,200 SF

Lot size:

0.11 Acres

Price / SF:

$495/SF

HighLights

Turn‑key 1,200 sq. ft. renovated structure ready for immediate use.
Approved plans for a new 3,000 sq. ft. building, bypassing initial architectural hurdles.
M1 Zoning allows for a vast array of high‑value commercial and industrial uses including logistics, cannabis operations, creative/media, food/beverage, and light manufacturing.
Strategic location minutes from the 10 Freeway and I‑5, I‑60, and I‑710 interchanges, providing easy access to the Southern California supply chain.
Secure, gated parking for 10 vehicles on a 4,744 sq. ft. lot.
Street frontage with views of the Downtown skyline.

We can help!

Listing Contact

Miguel Aguayo

For Sale

$595,000

Renovated industrial property with development upside in East LA.

Property size:

1,200 SF

Lot size:

0.11 Acres

Price / SF:

$495/SF

Added:: Feb 19, 2025
Days on Market:: 479
Last Refresh:: Jan 20 at 10:35 am

Property Features for 3242 Fowler St

General Information

Standard status: Active
Size: 1,200 SF
Lot size: 0.11 Acres

We can help!

Listing Contact

Miguel Aguayo

Listing agent Miguel Aguayo License #01455832

Listing office Custom Mtg Inc

Listing date Feb 19, 2025

Source Exprealty

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 Custom Mtg Inc

HighLights

Turn‑key 1,200 sq. ft. renovated structure ready for immediate use.
Approved plans for a new 3,000 sq. ft. building, bypassing initial architectural hurdles.
M1 Zoning allows for a vast array of high‑value commercial and industrial uses including logistics, cannabis operations, creative/media, food/beverage, and light manufacturing.
Strategic location minutes from the 10 Freeway and I‑5, I‑60, and I‑710 interchanges, providing easy access to the Southern California supply chain.
Secure, gated parking for 10 vehicles on a 4,744 sq. ft. lot.
Street frontage with views of the Downtown skyline.

Overview

Located in Unincorporated Los Angeles County, the property at 3242 Fowler St presents a rare industrial opportunity. The existing 1,200 sq. ft. structure has been extensively renovated and is ready for immediate use. The property includes secure, gated parking for 10 vehicles on a 4,744 sq. ft. lot. Plans have been submitted to the county for a new 3,000 sq. ft. building. Zoned M1, this property is suitable for a range of commercial and industrial uses, including logistics and last-mile delivery, cannabis operations, creative and media production, food and beverage businesses such as ghost kitchens or microbreweries, and light manufacturing. The property has street frontage with views of the Downtown skyline and offers convenient access to the 10 Freeway and the I-5, I-60, and I-710 interchanges. The cell tower equipment and associated lease located on the premises are not included in the sale.

Local Financial Insights For Specialty Retail

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$44.4k	$36.96
− Vacancy	−$1.0k	−$0.85
EGI	$43.3k	$36.11
− OpEx	−$10.8k	−$9.03
NOI	$32.5k	$27.08

1,200 SF · lease $36.96/SF/yr · vacancy 2.30% · expense 25.00%

Alternative Uses

Best Use

Specialty Retail

$464.3K

$406.2K – $541.7K (±1% cap)

NOI $32,499 @ 7.0% cap · market cap 5.46%

Second Best

Warehouse

$258.6K

$226.3K – $301.7K (±1% cap)

NOI $18,101 @ 7.0% cap · market cap 3.04%

Theoretical Best

Multifamily LT 5

$24.31M

$21.27M – $28.36M (±1% cap)

NOI $1,701,790 @ 7.0% cap · market cap 286.02%

Zoning and permitted uses should be independently verified with local authorities.

Property Profile Location Intelligence

Current Use by Public Records

Ghost kitchens

Suggested Use

Similar Places Nearby

Public Storage — 1747 N Eastern Ave, Los Angeles, CA 90032
Ladon Storage Facility — 4007 Medford St, Los Angeles, CA 90063
Autoluxe LA — 4101 Whiteside St, Los Angeles, CA 90063
Mobile Mini Storage Solutions — Norfolk Lot, Norfolk St, Los Angeles, CA 90033
Modern Installations LLC — 1540 N Indiana St A, Los Angeles, CA 90063

Location Insight

Map
Local Demand

City: Los Angeles
County: Los Angeles
State: California
Longitude: -118.191
Latitude: 34.0567

Nearby Similar for Sale

$2,600,000

10,944 SF

Los Angeles Commercial Investment Opportunity

Prime investment property in the heart of the Fashion District.

1212 S San Pedro Street, Los Angeles, CA 90015

View Details
$1,199,999

2,526 SF

Los Angeles Retail Opportunity

Single-tenant retail asset with high visibility and growth potential.

4254 Floral, Los Angeles, CA 90063

View Details
$3,990,000

8,688 SF

Prime Automotive Land in Los Angeles

Six parcels with buildings in established automotive corridor.

125 E Florence Ave, Los Angeles, CA 90003

View Details
$950,000

3,040 SF

Los Angeles Industrial Owner-User Opportunity

Rare industrial building in central Los Angeles, ideal for owner-users.

1915 S Santa Fe, Los Angeles, CA 90021

View Details
$1,175,000

1,617 SF

Eagle Rock Commercial/Residential Opportunity

Commercially zoned property in Eagle Rock, ideal for live/work.

1063 Colorado, Los Angeles, CA 90041

View Details
$2,099,000

10,233 SF

Multifamily Property in Boyle Heights

12-unit multifamily property in prime Boyle Heights, Los Angeles.

117 N St Louis, Los Angeles, CA 90033

View Details
$1,999,000

12,306 SF

Los Angeles Multifamily Investment Opportunity

Classic 11-unit Spanish Colonial near Downtown Los Angeles.

2375 W 12th St, Los Angeles, CA 90006

View Details
$2,295,000

10,492 SF

Highland Park Multifamily Value-Add Opportunity

14-unit apartment building in a sought-after Los Angeles location.

820 Chestnut Ave, Los Angeles, CA 90042

View Details
$895,000

3,372 SF

Four-Unit Residential Income Property

Four-unit building with ample rear parking, including three 1-bedroom units and a 3-bedroom delivered vacant at close.

1467 W Vernon, Los Angeles, CA 90062

View Details
$2,595,000

6,578 SF

6-Unit Apartment Campus with ADU Plans

Newer 2017-built six-unit campus of three duplexes plus planned tiny home ADUs, with separately metered utilities.

3672 Percy, Los Angeles, CA 90023

View Details
$1,556,000

3,999 SF

Adjacent 11-Unit Residential Income Properties

Two adjacent multifamily buildings with 11 units on an LAR4-zoned lot, offering income and development flexibility.

964 S New Hampshire Ave, Los Angeles, CA 90006

View Details
$2,334,000

3,786 SF

Apartment Income Property with Covered Parking

Two adjacent apartment buildings with 11 total units, covered parking, and LAR4 zoning sold concurrently.

968 S New Hampshire Ave, Los Angeles, CA 90006

View Details

For sale
Warehouses
CA
Los Angeles
90063
3242 Fowler St

What type of property is this?

Warehouse - Renovated industrial property with development upside in East LA.

Where is this warehouse located?

The property is located at 3242 Fowler St Los Angeles, CA.

What is the asking price?

The asking price for this property is $595,000.

What are key features of this property?

This property features: Turn‑key 1,200 sq. ft. renovated structure ready for immediate use.; Approved plans for a new 3,000 sq. ft. building, bypassing initial architectural hurdles.; M1 Zoning allows for a vast array of high‑value commercial and industrial uses including logistics, cannabis operations, creative/media, food/beverage, and light manufacturing.