1631-1635 23Rd St Los Angeles, CA 90011
This exceptional industrial property, located at 1631-1635 E 23rd St in Los Angeles, CA 90011, offers a substantial 11,858 square feet of warehouse and manufacturing space. Built in 1965, the building sits on a 0.372-acre lot (16,276 square feet), providing ample room for operations and potential expansion. The property boasts a 14-foot ceiling height, ideal for various industrial uses. Conveniently situated between Vernon and Central LA, this location offers easy access to the 10 Freeway, ensuring efficient transportation of goods and materials. Parking is readily available with 14 spaces on-site. The property also includes approximately 2,000 square feet of office space, equipped with heating and air conditioning, and four restrooms. The warehouse benefits from robust electrical service, including 200 Amp, 240V, 3-phase power. This property presents a unique opportunity for businesses seeking a well-located, functional industrial space in a thriving Los Angeles market. The combination of size, location, and amenities makes this an attractive investment opportunity.
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.
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.