1137 Eastern Ave Los Angeles, CA 90022-4808
This exceptional 30,148 square foot industrial land parcel, located at 1137 S Eastern Ave, Los Angeles, CA 90023 (APN 5236-011-047;-046), presents a unique investment opportunity. Zoned M-1 C-2, this property offers significant development potential, particularly suited for a cold storage facility. The site boasts convenient access to major freeways, the 710 and 5, providing excellent logistical advantages. Situated in an Opportunity Zone, this location offers potential tax benefits for qualified investors. The property is owned by 1137 Eastern Avenue LLC and is being offered for sale at $3,000,000. While a build-to-suit option is possible, the final sales price for such a project would be determined separately. This property is ideal for owner-users, investors, or developers seeking a prime location in East Los Angeles with substantial upside potential. All information should be independently verified by the buyer.
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Oliver Co General Contractor
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
LCM1-C2* · Los Angeles, CACosts & 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.