1631-1635 23Rd St Los Angeles, CA 90011
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.
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
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.