806-816 61St St Los Angeles, CA 90001
This exceptional Los Angeles industrial property, located at 806-816 E 61st St, offers 19,813 square feet of vacant space across multiple tenancies, with a minimum divisible unit of 3,291 square feet and a maximum contiguous space of 16,522 square feet. Situated on a 35,525 square foot lot, this property boasts a range of features perfect for diverse industrial operations. Built in 1930 with significant improvements completed within the last five years, the property features approximately 20-foot clear ceilings in the main building, ground-level access doors, and substantial brick and masonry construction. Ample parking is available with 15 spaces. The property includes HVAC in one building and robust power options: 800 amp 240v 3-phase and 1600 amp 480v 3-phase. Zoned M2, this Los Angeles County property is ideally suited for manufacturing, warehousing, and agricultural uses. Current licensing allows for cultivation (and/or nursery), manufacturing, and distribution, offering a significant advantage for businesses seeking a quick entry into the market. The flexible layout allows for various configurations, making it suitable for expansion of existing operations or establishment of new ventures. This property presents a unique opportunity to acquire a well-maintained, versatile industrial space in a prime Los Angeles location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
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