Marcus & Millichap is proud to present an industrial / warehouse / manufacturing / distribution site at 1407-1411 Esperanza Street, ideally located in the industrial epicenter of East Los Angeles. The rare corner property is comprised of a 5,200 square foot of building on a 14,800 square feet of land. One the main highlights of this opportunity is the high sliding doors which can be used as a loading and unloading dock. Although the property is currently tenanted on a month-to-month basis, it can be delivered vacant allowing the flexibility for an owner user to occupy the site or an investor to re-tenant / redevelop. 1407-1411 Esperanza Street may be sold as a portfolio with an additional seven contiguous parcels located directly across the street at 1369 Esperanza Street.
There has been a significant amount of movement and turnover within the marketplace, creating an opportunity for new concepts to enter the market and position this property for the future. The property offers a wide variety of tenant options which include art studios, set design, textile warehouse, glass production & distribution, TV/Movie production, photography studio, food distribution, self and cold storage, packaging etc. The property is superlatively located near some of the major areas of Southern Los Angeles such as the Fashion District, Downtown Los Angeles, Chinatown, Dodger Stadium and the brand new Sears redevelopment which will include dining hall, offices, rooftop restaurant, and more than 1,000 live / work units. 1407-1411 Esperanza Street is in a tremendous location for an investor or owner user to capitalize on the developments and expansions in the evolving East Los Angeles neighborhood.
