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1365-1367 E 16th St 10,434 SF Industrial Building Los Angeles, CA 90021 $4,485,000 ($429.84/SF)

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Executive Summary

Single tenant building with zoning LAM2 in Fashion District, Downtown Los Angeles. Extra large parking lot with fenced yard. Plenty of parking spaces. two large office area, one large conference room, one large show room Two restroom plus a kitchen area. Two loading docks. Excellent location by freeway 10 exit. Close to other major freeway, Freeway 5, 60, 110 and 101. Property also for lease.

Property Facts

Price	$4,485,000	Rentable Building Area	10,434 SF
Price Per SF	$429.84	No. Stories	1
Sale Type	Investment or Owner User	Year Built	1965
Sale Condition	1031 Exchange	Tenancy	Single
Property Type	Industrial	Parking Ratio	1.74/1,000 SF
Property Subtype	Warehouse	Clear Ceiling Height	16’
Building Class	C	No. Dock-High Doors/Loading	4
Lot Size	0.62 AC	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	M2

Price	$4,485,000
Price Per SF	$429.84
Sale Type	Investment or Owner User
Sale Condition	1031 Exchange
Property Type	Industrial
Property Subtype	Warehouse
Building Class	C
Lot Size	0.62 AC
Rentable Building Area	10,434 SF
No. Stories	1
Year Built	1965
Tenancy	Single
Parking Ratio	1.74/1,000 SF
Clear Ceiling Height	16’
No. Dock-High Doors/Loading	4
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	M2