Industrial/Flexible Space with Fenced
650 East 16th Street, Los Angeles, CA 90015
For Sale
$2,511,000
Functional industrial/flexible space with long-term ground lease and fenced parking.
Property Size31,000 SF
Price / SF$81
Days on Market428
Property Features for 650 East 16th Street
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Building Details
Building Size
Listing Agency:
Lee & Associates - Los Angeles - Downtown
Listed By:
Sehyung Kim · License CA #01327276
(213) 290-3599
Source:
Lee-associates
Added: Sep 10, 2025
Changed: Aug 9
Last Checked: Nov 10 at 7:05AM
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 - Los Angeles - Downtown
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Investment Insights
Based on property information with market context.
This industrial/flexible space offers a functional and maintained environment. It features fenced parking. The property is available for the first time in over 20 years. A long-term ground lease from Cal Trans is in place with a minimal lease rate. It presents an amazing owner-user purchase opportunity. The seller is motivated. Buyers are advised to verify all details, including building and land square footage, permitted office size, dates of construction, clear height, power, sprinkler calculation, zoning, permitting and permitted uses, ADA compliance, parking, building and roof condition, HVAC, access, encroachments, floor load, and taxes. Buyers should obtain a business license and confirm zoning and use prior to waiving contingencies. The seller will verify all tax implications of the sale with their accountant or attorney.
Key Highlights
- Long term ground lease from Cal Trans - minimal lease rate
- Clean, functional, maintained industrial/flexible space
- Amazing owner‑user purchase opportunity
Property Analytics
Who owns this building?
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Current Use
Location Intelligence
Trade Area within ½ mile
7,316
Businesses Nearby
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
$1,000,800
Median Home Value
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Market
Average Price Trend$/SF for Industrial properties in Los Angeles, CA
Properties on Market for Industrial properties in Los Angeles
Vacancy Rate% for Industrial in Los Angeles, CA
Frequently Asked Questions
What type of property is this?
Industrial property - Functional industrial/flexible space with long-term ground lease and fenced parking.
Where is this industrial property located?
The property is located at 650 East 16th Street 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; Clean, functional, maintained industrial/flexible space; Amazing owner‑user purchase opportunity
