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    1705-1707 20Th St Los Angeles, CA 90021

    Sponsored
    For Sale
    $8,299,000

    Prime location, manufacturing/warehouse.

    Property size:
    28,667 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional industrial property, located at 1705-1707 E. 20th Street in Los Angeles, CA 90021, presents a unique investment opportunity. The property boasts a total of 28,667 square feet across two buildings, situated on a 40,702 square foot lot. Built in 1962, this Class B industrial space features a single story with 16-30 foot ceiling heights, ideal for various manufacturing and warehousing needs. The property includes three dock-high doors, facilitating efficient loading and unloading. Security features include fenced parking, ensuring the safety of both inventory and personnel. The property benefits from heavy power and is conveniently located near the wholesale market, offering excellent transportation access via nearby freeways 5 and 10. Its strategic downtown Los Angeles location, directly across from the former Forever 21 facility, provides unparalleled visibility and accessibility. The property is zoned LAM-2 and is offered at $8,299,000, suitable for a 1031 exchange. This is an owner/user investment opportunity not to be missed. APN: 5167-013-008.

    Property Features for 1705-1707 20Th St

    General Information

    Property type
    Distribution properties
    Square Feet
    28,667 SF
    Class
    B

    Building Details

    Year Built
    1962
    Buildings
    28667
    Stories
    1

    HighLights

    • 28,667 SF industrial property on a 40,702 SF lot in prime Downtown Los Angeles.
    • Class B, single‑story building with 16‑30' ceiling heights, ideal for manufacturing and warehousing.
    • Three dock‑high doors, fenced parking, and heavy power.
    • Excellent location near freeways 5 & 10, and the Wholesale Market, offering superior transportation access.
    • Zoned LAM‑2, offered at $8,299,000, suitable for a 1031 exchange.
    Property Profile Location Intelligence

    Current Use by Public Records

    Manufacturing properties

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Los Angeles
    County
    Los Angeles
    State
    California
    Longitude
    -118.2380432
    Latitude
    34.0309258

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    FAQs

    What type of property is this?
    Distribution property - Prime location, manufacturing/warehouse.
    Where is this distribution property located?
    The property is located at 1705-1707 20Th St Los Angeles, CA.
    What is the asking price?
    The asking price for this property is $8,299,000.
    What are key features of this property?
    This property features: 28,667 SF industrial property on a 40,702 SF lot in prime Downtown Los Angeles.; Class B, single-story building with 16-30' ceiling heights, ideal for manufacturing and warehousing.; Three dock-high doors, fenced parking, and heavy power.
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1705-1707 20Th St Los Angeles, CA 90021
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