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531 N Marine Ave 4,387 SF Industrial Building Wilmington, CA 90744 $800,000 ($182.36/SF)
Investment Highlights
- Cross Streets: West E Street/ Marine Avenue
- Location: 110, 710, 405 Freeways
- Location: Good Access to Executive Beach City Living
- (2) Two buildings Totaling: ± 4,387 SF
- Location: Close Proximity to World Ports of Los Angeles and Long Beach
- Rich Supply of Skilled Labor
Executive Summary
Two buildings on 1 Lot For Sale.
Front Office Building is Occupied by a Tenant.
Rear Industrial Building is Now Vacant
• Cross Streets: West E Street/ Marine Avenue
• (2) Two buildings Totaling: ± 4,387 SF
• Lot: ± 9,545 SF
• Zoned: LARD1.5
• APN: 7418-004-015
• Location: 110, 710, 405 Freeways
• Location: Close Proximity to World Ports of Los Angeles
and Long Beach
• Location: Good Access to Executive Beach City Living
• Rich Supply of Skilled Labor
Warehouse Building: +/- 3,007 SF (rear metal warehouse – Vacant)
• Available to Occupy: March 16, 2026
• Lessee: Comfort Hot Tubs, LLC – Moving Out March 15,
2026
• Previous Use: Storage of Hot Tubs
• Restroom: One (1)
• Yard: Fenced and Paved
• Access: Off rear alley
• Loading: One (1) Ground Level Door
• Clearance: Approximate +/- 14’ (not measured – Buyer to
verify)
• Power: Heavy Power (potentially 600 Amps, 120/240
Volts, 1 Phase, 3 Wire - Buyer to verify)
• The industrial building is also Available For Lease.
• Asking Lease Rate: $3,100.00 per Month Industrial Gross
Front Office Building: ± 1,380 SF
• Leased
• Lessee: South Bay Center for Counseling, a California
non-profit corporation
» Lease Expiration: June 30, 2026
» Monthly Rent: $2,300
» Lease Type: Industrial Gross
» CAM: No CAM
» Options to Extend Lease: Two (2) One (1) Year
Options To Extend Lease Term
» Option 1 Term Rent: $2,415 Per Month
» Option 2 Tern Rent: $2,536 Per Month
» Use: Administrative Offices
Front Office Building is Occupied by a Tenant.
Rear Industrial Building is Now Vacant
• Cross Streets: West E Street/ Marine Avenue
• (2) Two buildings Totaling: ± 4,387 SF
• Lot: ± 9,545 SF
• Zoned: LARD1.5
• APN: 7418-004-015
• Location: 110, 710, 405 Freeways
• Location: Close Proximity to World Ports of Los Angeles
and Long Beach
• Location: Good Access to Executive Beach City Living
• Rich Supply of Skilled Labor
Warehouse Building: +/- 3,007 SF (rear metal warehouse – Vacant)
• Available to Occupy: March 16, 2026
• Lessee: Comfort Hot Tubs, LLC – Moving Out March 15,
2026
• Previous Use: Storage of Hot Tubs
• Restroom: One (1)
• Yard: Fenced and Paved
• Access: Off rear alley
• Loading: One (1) Ground Level Door
• Clearance: Approximate +/- 14’ (not measured – Buyer to
verify)
• Power: Heavy Power (potentially 600 Amps, 120/240
Volts, 1 Phase, 3 Wire - Buyer to verify)
• The industrial building is also Available For Lease.
• Asking Lease Rate: $3,100.00 per Month Industrial Gross
Front Office Building: ± 1,380 SF
• Leased
• Lessee: South Bay Center for Counseling, a California
non-profit corporation
» Lease Expiration: June 30, 2026
» Monthly Rent: $2,300
» Lease Type: Industrial Gross
» CAM: No CAM
» Options to Extend Lease: Two (2) One (1) Year
Options To Extend Lease Term
» Option 1 Term Rent: $2,415 Per Month
» Option 2 Tern Rent: $2,536 Per Month
» Use: Administrative Offices
Property Facts
| Price | $800,000 | Rentable Building Area | 4,387 SF |
| Price Per SF | $182.36 | No. Stories | 1 |
| Sale Type | Investment or Owner User | Year Built | 1927 |
| Property Type | Industrial | Tenancy | Single |
| Property Subtype | Warehouse | No. Drive In / Grade-Level Doors | 1 |
| Building Class | C | Opportunity Zone |
Yes
|
| Lot Size | 0.22 AC | ||
| Zoning | LARD1.5 - Restricted Density Multiple Dwelling | ||
| Price | $800,000 |
| Price Per SF | $182.36 |
| Sale Type | Investment or Owner User |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 0.22 AC |
| Rentable Building Area | 4,387 SF |
| No. Stories | 1 |
| Year Built | 1927 |
| Tenancy | Single |
| No. Drive In / Grade-Level Doors | 1 |
| Opportunity Zone |
Yes |
| Zoning | LARD1.5 - Restricted Density Multiple Dwelling |
Amenities
- Fenced Lot
1 1
Fairly walkable
50/100
Very drivable
80/100
Limited public transit
30/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 7418-004-015 | Improvements Assessment | $87,221 |
| Land Assessment | $44,914 | Total Assessment | $132,135 |
Property Taxes
Parcel Number
7418-004-015
Land Assessment
$44,914
Improvements Assessment
$87,221
Total Assessment
$132,135
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531 N Marine Ave
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