1150 12th St Los Angeles, CA 90021-2206
Property summary
This exceptional investment opportunity presents a fully renovated, vacant industrial warehouse located at 1150 E 12th St, Los Angeles, CA 90021. The property boasts 4,959 square feet of net rentable space, spread across three individual units, each featuring its own bathroom and HVAC system. Built in 1965 and extensively renovated in 2016, this Class B warehouse offers a compelling blend of character and modern functionality. Key features include three ground-level loading docks, a 17-foot ceiling height, and 400-amp three-phase power. The property sits on a 0.14-acre lot and benefits from a private gated parking and loading area. The asking price is $2,100,000, translating to $423.47 per square foot and $700,000 per unit. Its strategic location near the I-10, I-5, and I-110 freeways provides excellent access to major transportation arteries. The open floor plan showcases exposed brick walls and abundant natural light, while the heavy LAM2 industrial zoning ensures versatile usage potential. This is a rare chance to acquire an unencumbered, multi-unit industrial building in a high-demand Los Angeles location. The property's recent renovations, combined with its prime location and desirable features, make it an ideal investment for discerning buyers.
Property profile
VerifiedCap rate & NOI
Current use
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Clothing Store
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
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from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
LAM2 · Los Angeles, CAZoning
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Zoning designation
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The district profile from the municipal source: what is on file for LAM2 in Los Angeles, CA.
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