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INVESTMENT HIGHLIGHTS
- Prime Owner-User Industrial Opportunity: Warehouse delivered vacant. | Expansive Lot: Situated on a large 22,003-SF lot.
- Redevelopment Potential: Large lot zoned LAMR1 (Light Industrial). | Large Warehouse Opportunity: Spacious 11,510-SF building with offices.
- Industrial Appeal: Ingress/Egress from both sides of the property. | Ample Parking: 22 parking spaces on site. | Convenient Access to Freeways.
- Flexibility Potential of Asset: Property can be used as a single tenant or multiple tenancy. There are a total of 6 meters currently at the property.
- Recent Upgrades: New roof (2023) and 3 new A/C units. | Property Features: 1979 construction, 7 bathrooms, high ceilings, and gated yard.
- Located 1 block from PCH and a few blocks from Kaiser Permanente South Bay Medical Center, Los Angeles Harbor College & Ken Malloy Harbor Park
EXECUTIVE SUMMARY
This prime owner-user industrial opportunity features a warehouse delivered vacant which is situated on an expansive 22,003-square-foot lot. The spacious 11,510-square-foot single-story building includes office space, high ceilings, seven bathrooms, a gated yard, and benefits from ingress and egress on both sides of the property. The asset offers strong flexibility, with the ability to operate as a single-tenant or multi-tenant property, supported by six existing meters. Zoned LAMR1 (Light Industrial), the large lot also presents significant redevelopment potential. Recent capital improvements include a new roof (2023) and three new A/C units. Built in 1979, the property provides ample on-site parking with 22 spaces and is ideally located just one block from PCH and a few blocks from Kaiser Permanente South Bay Medical Center, Los Angeles Harbor College, Ken Malloy Harbor Regional Park, and Harbor Park Golf Course. The location offers convenient access to the Port of Los Angeles, Port of Long Beach, and the 110, 405, and 710 freeways, making it highly attractive for industrial users.
*Please contact Luca Jacoli for more information. Broker and Agent do not guarantee the accuracy of any information concerning the size, condition, financials, or features of said property. Buyer to conduct their own due diligence and investigation of the property.
*Please contact Luca Jacoli for more information. Broker and Agent do not guarantee the accuracy of any information concerning the size, condition, financials, or features of said property. Buyer to conduct their own due diligence and investigation of the property.
PROPERTY FACTS
| Price | $2,899,000 | Rentable Building Area | 11,510 SF |
| Price Per SF | $251.87 | No. Stories | 1 |
| Sale Type | Investment or Owner User | Year Built | 1979 |
| Property Type | Industrial | Tenancy | Single |
| Property Subtype | Warehouse | Clear Ceiling Height | 15’ |
| Building Class | C | No. Drive In / Grade-Level Doors | 2 |
| Lot Size | 0.51 AC | ||
| Zoning | MR1, Los Angeles County - LAMR1 (Light Industrial) | ||
| Price | $2,899,000 |
| Price Per SF | $251.87 |
| Sale Type | Investment or Owner User |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 0.51 AC |
| Rentable Building Area | 11,510 SF |
| No. Stories | 1 |
| Year Built | 1979 |
| Tenancy | Single |
| Clear Ceiling Height | 15’ |
| No. Drive In / Grade-Level Doors | 2 |
| Zoning | MR1, Los Angeles County - LAMR1 (Light Industrial) |
AMENITIES
- Fenced Lot
- Air Conditioning
UTILITIES
- Lighting
- Gas
- Water
- Sewer
- Heating
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Walk Score®
Very Walkable (88)
PROPERTY TAXES
| Parcel Number | 7411-007-056 | Improvements Assessment | $725,085 |
| Land Assessment | $1,059,740 | Total Assessment | $1,784,825 |
PROPERTY TAXES
Parcel Number
7411-007-056
Land Assessment
$1,059,740
Improvements Assessment
$725,085
Total Assessment
$1,784,825
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1511 259th St
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