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    220 32Nd St Los Angeles, CA 90011

    Sponsored
    For Sale
    $2,500,000

    9,750 SF Flex Space, $2.5M

    Property size:
    9,750 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional Los Angeles industrial property offers two adjacent buildings totaling 9,750 square feet on a 12,500 square foot lot. Built in 1948, the property features a flexible layout suitable for manufacturing, warehousing, or a combination of uses. One building comprises 3,500 square feet, while the other offers 6,250 square feet of space. Both buildings boast 10-foot ceilings. The property includes a gated shared parking lot with approximately six spaces. Located in historic South Central Los Angeles, this prime location is just one mile south of Downtown Los Angeles and ¾ of a mile east of the USC campus, Exposition Park, Memorial Coliseum, and Banc of California Stadium. Convenient access to the Harbor (110) Freeway adds to its appeal. The property is zoned LA M1 and presents an ideal opportunity for owner-users or investors seeking a dual-building investment with potential for leasing one building while occupying the other. The asking price is $2,500,000, translating to $257 per square foot. APN: 5120-004-005

    Property Features for 220 32Nd St

    General Information

    Property type
    Manufacturing properties
    Square Feet
    9,750 SF

    Building Details

    Year Built
    1948
    Buildings
    2

    HighLights

    • Two adjacent industrial buildings totaling 9,750 square feet on a 12,500 square foot lot.
    • Ideal for owner‑users or investors; lease one building, occupy the other.
    • Gated shared parking lot with approximately six spaces.
    • Multiple potential uses, including manufacturing and warehousing.
    • Prime location in historic South Central Los Angeles.
    • One mile south of Downtown Los Angeles.
    Property Profile Location Intelligence

    Current Use by Public Records

    M & P Garments Clothes And Fabric Manufacturer

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Grocery Store

    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
    -118.2699757
    Latitude
    34.0191663

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    FAQs

    What type of property is this?
    Manufacturing property - 9,750 SF Flex Space, $2.5M
    Where is this manufacturing property located?
    The property is located at 220 32Nd St Los Angeles, CA.
    What is the asking price?
    The asking price for this property is $2,500,000.
    What are key features of this property?
    This property features: Two adjacent industrial buildings totaling 9,750 square feet on a 12,500 square foot lot.; Ideal for owner-users or investors; lease one building, occupy the other.; Gated shared parking lot with approximately six spaces.
    Request Owner's contact information
    220 32Nd St Los Angeles, CA 90011
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    Los Angeles, CA 90011
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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
    220 32Nd St Los Angeles, CA 90011
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