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Investment Highlights

  • Industrial Multi-Tenant
  • Heavy Power | High Ceilings
  • Owner/User | SBA Financing
  • Delivered Vacant | Zoned LF1-WH1-6 I2-N
  • Opportunity Zone | Two Parcels
  • Listed Below Replacement Cost

Executive Summary

Luigy Alvarez and Floyd Shaheen of Floyd Group at Marcus & Millichap are pleased to exclusively market for sale 1410-1412 Elwood Street, Los Angeles, California 90021. This dual-building industrial asset delivers a rare combination of functionality, infrastructure, and flexibility just east of the Arts District core, in one of Downtown Los Angeles’s most dynamic and supply-constrained industrial corridors.
Comprising two connected industrial buildings spanning two parcels (1410 & 1412 Elwood Street), the property offers approximately 9,713 square feet of versatile industrial space on a 9,671 square foot (0.23-acre) lot, an operational footprint seldom available in this core-adjacent infill location. Heavy power anchored by four separate electrical services with capacity up to 400A, 240V, three-phase provides immediate usability for warehouse, distribution, creative production, or specialized industrial users, while its masonry and metal construction, secure gated configuration, and multiple access points make reconfiguration straightforward across a wide spectrum of operators. Currently vacant and available, the asset is positioned for an owner-user seeking immediate occupancy or an investor pursuing a repositioning play.
Located within a designated Opportunity Zone, the property offers potential tax advantages for qualifying investors, enhancing its appeal as a long term hold or value add opportunity. The configuration supports manufacturers requiring process separation, distributors seeking efficient inbound/outbound flow, or owner/ users aiming to consolidate operations under a single, controlled footprint—while the secure, gated layout with multiple access points delivers fleet security and maneuverability rarely found in locations this close to the Downtown core.
Its LF1-WH1-6 | I2-N zoning further expands use potential across manufacturing, assembly, R&D, distribution, creative production, contractor operations, and specialized industrial applications. A highly capable, infill industrial asset positioned to serve operators who value speed, infrastructure, and location, it is an ideal Downtown-adjacent operational base prepared to perform from day one. The surrounding corridor is undergoing one of Downtown Los Angeles’s most significant transformations, with billions of dollars in nearby investment lifting demand and land values. The recently completed $588 million Sixth Street Viaduct and its adjacent twelve acres of new open space, anticipated for substantial completion in late 2026, further enhance connectivity and the public realm, complemented by additional mixed use projects such as Arts District Center and 1100 East 5th Street. Reinforcing this momentum, DTLA 2040, adopted in December 2024, targets 70,000 new housing units, 55,000 jobs, and 125,000 new residents Downtown by 2040. Combined with the property’s Opportunity Zone designation, this wave of capital supports rising land values and strengthens the asset’s appeal as a long-term hold or value-add opportunity in an increasingly scarce infill submarket.

Property Facts

Price $1,295,000
Price Per SF $136.09
Sale Type Owner User
Property Type Industrial
Property Subtype Warehouse
Building Class C
Lot Size 0.22 AC
Rentable Building Area 9,516 SF
No. Stories 1
Year Built 1970
Tenancy Single
Clear Ceiling Height 18’
No. Drive In / Grade-Level Doors 2
Opportunity Zone Yes
Zoning LF1-WH1-6 | I2-N - Light to Medium Industrial Uses

Amenities

  • Air Conditioning

Utilities

  • Lighting - Fluorescent
  • Gas - Natural
  • Water - City
  • Sewer - City
Very walkable
80/100
Very drivable
80/100
Strong public transit
80/100
Moderately bikeable
60/100

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 5167-016-031
  • 5167-016-032
Land Assessment
$833,472
Improvements Assessment
$514,152
Total Assessment
$1,347,624
  • Listing ID: 40961806

  • Date on Market: 6/17/2026

  • Last Updated:

  • Address: 1410-1412 Elwood St, Los Angeles, CA 90021

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