Industrial/Flexible Space with Fenced
For Sale
$2,511,000
650 East 16th Street, Los Angeles, CA 90015
Functional industrial/flexible space with long-term ground lease and fenced parking.
Property Size31,000 SF
Price / SF$81
Days on Market335
Property Features for 650 East 16th Street
General Information
Standard status
Active
Size
31,000 SF
Property subtype
Industrial
Building Details
Building Size
31,000 SF
Listing Agency:
Lee & Associates
(213) 290-3599
Listed By:
Sehyung Kim · License #CalDRE #01327276
(213) 290-3599
Source:
Lee-associates
Added: Sep 10, 2025
Changed: Aug 9
Last Checked: Aug 9 at 7:53PM
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 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
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
8,541
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
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?
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
