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    1631-1635 23Rd St Los Angeles, CA 90011

    • Warehouses
    • 11,858 SF
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Warehouses

    Property Details for 1631-1635 23Rd St

    Year built
    1965
    Property size
    11,858 SF
    Property type
    Warehouses
    Property subtype
    Industrial properties

    Description

    This exceptional 11,858-square-foot industrial property, located at 1631-1635 E 23rd St in Los Angeles, CA 90011, presents a unique opportunity for a single tenant. Situated in the desirable CBD submarket of Los Angeles County, this building offers a substantial 11,858 square feet of vacant space, perfect for manufacturing or warehousing operations. Built in 1965, the property boasts a 14-foot ceiling height, providing ample vertical space for storage or equipment. The lot size is 16,276 square feet, offering potential for expansion or outdoor storage. Convenient access is provided by two drive-in doors, and fourteen parking spaces are available on-site. The property is equipped with robust power capabilities, including 200 Amp, 240V, 3-phase power, ensuring sufficient energy for demanding industrial processes. This single-tenant property is ready for immediate occupancy, offering a strategic location within the heart of Los Angeles's central business district. The property's size, features, and location make it an ideal choice for businesses seeking a functional and well-located industrial space. Don't miss this chance to secure this prime industrial property in a thriving Los Angeles market.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Los Angeles
    County
    Los Angeles
    State
    California
    Longitude
    -118.245
    Latitude
    34.0165

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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
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