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Investment Highlights

  • Prime DTLA location near the Los Angeles Fashion District
  • Flexible multi-use industrial space - Ideal for apparel and e-commerce users
  • Gated entrances, along with security alarm and surveillance camera systems, provide enhanced protection.
  • Efficient access to mayor freeways such as 10, 5, 101 & 110
  • Convenient parking – The parking area is designed to accommodate approx. 4~5 vehicles.
  • Located within a 500-foot buffer zone of a school, as outlined by the Los Angeles anti-encampment ordinance.

Executive Summary

Prime industrial warehouse space is available for sale in a central location near the Los Angeles Fashion District, featuring an economical gross lease structure. This property is currently vacant and is well-suited for apparel, e-commerce, and light industrial businesses that require easy access to major freeways, including the 10, 5, 101, and 110, as well as key distribution routes. The warehouse boasts an open floor plan, two-story office areas, a versatile use room, and convenient loading facilities, making it ideal for storage, showrooms, or last-mile logistics. The property is situated within a 500-foot buffer zone of a school (St. Turibius School), as outlined by the Los Angeles anti-encampment ordinance. Importantly, there is no encampment directly in front of the property. For further information and to schedule a private tour, please contact the listing broker. ***This warehouse property is also available for lease, with the owner asking $1.50 / sq. ft. under an industrial gross lease.***

Property Facts

Price $1,800,000
Price Per SF $300.80
Sale Type Investment or Owner User
Property Type Industrial
Property Subtype
Warehouse
  • Flex Light Manufacturing
  • Industrial Distribution
  • Industrial Manufacturing
Building Class C
Lot Size 0.17 AC
Rentable Building Area 5,984 SF
No. Stories 2
Year Built 1972
Tenancy Single
Parking Ratio 0.67/1,000 SF
Clear Ceiling Height 15’
No. Drive In / Grade-Level Doors 1
Opportunity Zone Yes
Zoning M2-4 - LAM2(Industrial warehouse) suited for Garment / textile storage.

Amenities

  • Controlled Access
  • Fenced Lot
  • Mezzanine
  • Security System

Space Availability

  • Space
  • Size
  • Space Use
  • Build-Out
  • Available
  • 1st Floor
  • 5,184 SF
  • Industrial
  • Partial Build-Out
  • Now

Two story office space have been incorporated within the warehouse, adding approximately 800 square feet of additional area for the upper office sections. This building has 4,384sf of first floor industrial space and 1,600sf of office space split across 2 floors.

  • 2nd Floor
  • 800 SF
  • Office
  • Partial Build-Out
  • Now

Two story office space have been incorporated within the warehouse, adding approximately 800 square feet of additional area for the upper office sections. This building has 4,384sf of first floor industrial space and 1,600sf of office space split across 2 floors.

Space Size Space Use Build-Out Available
1st Floor 5,184 SF Industrial Partial Build-Out Now
2nd Floor 800 SF Office Partial Build-Out Now

1st Floor

Size
5,184 SF
Space Use
Industrial
Build-Out
Partial Build-Out
Available
Now

2nd Floor

Size
800 SF
Space Use
Office
Build-Out
Partial Build-Out
Available
Now

1st Floor

Size 5,184 SF
Space Use Industrial
Build-Out Partial Build-Out
Available Now

Two story office space have been incorporated within the warehouse, adding approximately 800 square feet of additional area for the upper office sections. This building has 4,384sf of first floor industrial space and 1,600sf of office space split across 2 floors.

2nd Floor

Size 800 SF
Space Use Office
Build-Out Partial Build-Out
Available Now

Two story office space have been incorporated within the warehouse, adding approximately 800 square feet of additional area for the upper office sections. This building has 4,384sf of first floor industrial space and 1,600sf of office space split across 2 floors.

Very walkable
80/100
Exceptionally drivable
100/100
Exceptional public transit
90/100
Moderately bikeable
60/100

Property Taxes

Property Taxes

Parcel Number
5132-024-002
Land Assessment
$1,468,800
Improvements Assessment
$367,200
Total Assessment
$1,836,000
  • Listing ID: 40484886

  • Date on Market: 5/11/2026

  • Last Updated:

  • Address: 1507 Essex St, Los Angeles, CA 90021

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