1508 W 15Th St Long Beach, CA 90813
- Manufacturing properties
- 2,340 SF
- 0.11 lot acres
Current Use by Public Records
- Manufacturing properties
Property Details for 1508 W 15Th St
- Year built
- 1929
- Construction
- WOOD
- Lot size
- 0.11 lot acres
- Property size
- 2,340 SF
- Zone code
- LBIG
- Property type
- Manufacturing properties
- APN
- 7432-012-018
- APU
- 7432012018
Description
This exceptional 2,340-square-foot industrial building presents a rare opportunity in Long Beach. Situated on a generous 1.15-acre lot, this single-tenant property offers ample space for manufacturing, warehousing, or distribution operations. Built in 1929, the building boasts a 12-foot ceiling height, providing excellent vertical storage capacity. Two dock-high doors ensure efficient loading and unloading, while eight parking spaces accommodate staff and visitors. The property is zoned for heavy industrial use, providing flexibility for a variety of businesses. Conveniently located near the intersection of 15th Street and Caspian Avenue, this location offers easy access to major transportation routes and the Port of Long Beach, a highly desirable attribute for industrial businesses. The building features 200 amps of power, sufficient for most industrial needs. The property's Class C designation reflects its potential for renovation and customization to meet specific operational requirements. This is an excellent opportunity to acquire a well-located industrial property with significant potential in a thriving market. The property's size and location make it ideal for a variety of industrial uses, offering a strong return on investment. The ample yard space adds significant value, providing additional storage or maneuvering room. The property's APN is 7432-012-018, and it is located in Los Angeles County.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $795,000
- ML approach
- $685,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $851,000
Market price range: $245k - $851k -
Alternative Use
- Use
- Estimation
- INDUSTRIAL (GENERAL)
- $585,000 Current use
- WAREHOUSE, STORAGE
- $860,000 Change: +47% Conversion: Easy
- OFFICE BUILDING
- $830,000 Change: +42% Conversion: Difficult
- AUTO REPAIR, GARAGE
- $740,000 Change: +27% Conversion: Easy
- RETAIL STORES
- $585,000 Change: -0% Conversion: Moderate
- COMMERCIAL (GENERAL)
- $560,000 Change: -4% Conversion: Difficult
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Location Insight
- Map
- Local Demand
- City
- Long Beach
- County
- Los Angeles
- State
- California
- Longitude
- -118.212
- Latitude
- 33.7853
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
