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    1715 21 St Vernon, CA 90058

    Sponsored
    For Lease
    $11 SF/Yr ($17,934 /Mo)

    Large Cold Storage Facility, Los Angeles

    Lot size:
    18,300 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 18,300-square-foot industrial property in Vernon, CA, presents a rare opportunity. Located at 1715 E 21st St, Los Angeles, CA 90058, this multi-tenant building boasts a commissary-style setup, perfect for food production or cold storage businesses. The space includes a commercial kitchen, freezer, and cooler, all within a well-maintained structure. The high ceilings, measuring 23 feet, provide ample vertical space for efficient operations and storage. Two convenient drive-in bays ensure easy loading and unloading of goods. The property is zoned M2, allowing for a variety of industrial uses. With a substantial 800-amp power supply, this facility is equipped to handle significant energy demands. This Los Angeles County location offers excellent access to major transportation routes, making it an ideal distribution hub. Currently, one space is available within this substantial building. This is an exceptional opportunity to secure a well-equipped, strategically located industrial space in a thriving market. The property's features make it suitable for a range of businesses requiring cold storage and food preparation capabilities. Don't miss this chance to acquire a prime industrial asset in a highly sought-after area.

    Property Features for 1715 21 St

    General Information

    Property type
    Refrigerated & Cold Storages
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    18,300 SF
    Total Rate
    17934

    Unit(s) available at that property

    Space
    Shared Commissary, Freezer, Cooler, Hood
    Size
    18,300 SF
    Rate per SF
    $11
    Property Profile Location Intelligence

    Current Use by Public Records

    Veestro Corporate Headquarters Corporate Office

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Vernon
    County
    Los Angeles
    State
    California
    Longitude
    -118.24218747878
    Latitude
    34.017654754742

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    FAQs

    What type of property is this?
    Refrigerated / Cold Storage - Large Cold Storage Facility, Los Angeles
    Where is this refrigerated / cold storage located?
    The property is located at 1715 21 St Vernon, CA.
    What is the lease rate?
    The lease rate is $11 SF/Yr.
    Request Owner's contact information
    1715 21 St Vernon, CA 90058
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    Vernon, CA 90058
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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
    1715 21 St Vernon, CA 90058
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