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Industrial Warehouse for Sale in DTLA 1204 Paloma St 7,800 SF 100% Leased Industrial Building Los Angeles, CA 90021 $2,200,000 ($282.05/SF)
Executive Summary
this industrial warehouse in Downtown Los Angeles offers approximately 3,928 square feet of space (7,800 square feet including mezzanine) on a 5,565 square foot lot. Located within an Opportunity Zone, this property is ideal for various industrial uses, including cannabis operations. Built in 1997 with tilt-up concrete construction, the facility features a 25foot clearance height, 400 AMPS of 3-phase power (expandable to 1,200 AMPS), a 1-inch gas line, fire sprinklers, and a 25-ton HVAC system.
Additional highlights include rear gated parking, multiple restrooms, and proximity to major freeways (10, 5, 110, 101), public transportation, and amenities in the fashion District and Wholesale Produce Market area.
this property is ideal for investors or businesses looking to capitalize on the Opportunity Zone incentives, whether for general industrial use or cannabis operations. the facility’s robust infrastructure, combined with its prime location in a bustling commercial area, offers significant potential for growth and profitability.
Additional highlights include rear gated parking, multiple restrooms, and proximity to major freeways (10, 5, 110, 101), public transportation, and amenities in the fashion District and Wholesale Produce Market area.
this property is ideal for investors or businesses looking to capitalize on the Opportunity Zone incentives, whether for general industrial use or cannabis operations. the facility’s robust infrastructure, combined with its prime location in a bustling commercial area, offers significant potential for growth and profitability.
Property Facts
| Price | $2,200,000 | Rentable Building Area | 7,800 SF |
| Price Per SF | $282.05 | No. Stories | 2 |
| Sale Type | Investment or Owner User | Year Built | 1997 |
| Property Type | Industrial | Parking Ratio | 0.77/1,000 SF |
| Property Subtype | Warehouse | Clear Ceiling Height | 24’ |
| Building Class | C | No. Drive In / Grade-Level Doors | 1 |
| Lot Size | 0.13 AC | Opportunity Zone |
Yes
|
| Zoning | M2, Los Angeles - Light Industrial Zone | ||
| Price | $2,200,000 |
| Price Per SF | $282.05 |
| Sale Type | Investment or Owner User |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 0.13 AC |
| Rentable Building Area | 7,800 SF |
| No. Stories | 2 |
| Year Built | 1997 |
| Parking Ratio | 0.77/1,000 SF |
| Clear Ceiling Height | 24’ |
| No. Drive In / Grade-Level Doors | 1 |
| Opportunity Zone |
Yes |
| Zoning | M2, Los Angeles - Light Industrial Zone |
Amenities
- Fenced Lot
- Signage
- Reception
- Air Conditioning
Utilities
- Lighting
- Gas - Natural
- Water - City
- Sewer - City
- Heating - Gas
1 1
Very walkable
80/100
Moderately drivable
70/100
Exceptional public transit
90/100
Moderately bikeable
70/100
Property Taxes
| Parcel Number | 5132-016-047 | Improvements Assessment | $188,401 |
| Land Assessment | $1,758,474 | Total Assessment | $1,946,875 |
Property Taxes
Parcel Number
5132-016-047
Land Assessment
$1,758,474
Improvements Assessment
$188,401
Total Assessment
$1,946,875
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Industrial Warehouse for Sale in DTLA | 1204 Paloma St
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