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651 E 61st St 17,000 SF Industrial Building Los Angeles, CA 90001 $2,400,000 ($141.18/SF)
Investment Highlights
- Located within the established Vernon-Main industrial district, near the City of Vernon and major manufacturing and distribution employers.
- Positioned within a dense infill Los Angeles industrial market
- Provides convenient access to Interstate 110, Interstate 710, Interstate 5, and other major Southern California transportation corridors.
- Zoned LAM2, allowing a range of light industrial and manufacturing uses.
Executive Summary
651 E 61st Street presents an opportunity to acquire a single-tenant industrial warehouse property in the Vernon-Main industrial submarket of Los Angeles. Located just east of Avalon Boulevard and in close proximity to the City of Vernon, the asset benefits from access to one of Southern California's most established manufacturing, warehousing, and distribution corridors. The surrounding area is characterized by a dense industrial labor pool, extensive transportation infrastructure, and connectivity to regional logistics networks.
Property Facts
| Price | $2,400,000 | No. Stories | 2 |
| Price Per SF | $141.18 | Year Built | 1926 |
| Sale Type | Investment or Owner User | Tenancy | Single |
| Property Type | Industrial | Parking Ratio | 0.71/1,000 SF |
| Property Subtype | Warehouse | Clear Ceiling Height | 11’ |
| Building Class | C | No. Dock-High Doors/Loading | 2 |
| Lot Size | 0.34 AC | No. Drive In / Grade-Level Doors | 2 |
| Rentable Building Area | 17,000 SF | Opportunity Zone |
Yes
|
| Zoning | LAM2 - Light Industrial | ||
| Price | $2,400,000 |
| Price Per SF | $141.18 |
| Sale Type | Investment or Owner User |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 0.34 AC |
| Rentable Building Area | 17,000 SF |
| No. Stories | 2 |
| Year Built | 1926 |
| Tenancy | Single |
| Parking Ratio | 0.71/1,000 SF |
| Clear Ceiling Height | 11’ |
| No. Dock-High Doors/Loading | 2 |
| No. Drive In / Grade-Level Doors | 2 |
| Opportunity Zone |
Yes |
| Zoning | LAM2 - Light Industrial |
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Moderately walkable
60/100
Exceptionally drivable
90/100
Good public transit
60/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 6007-006-019 | Improvements Assessment | $208,023 |
| Land Assessment | $312,049 | Total Assessment | $520,072 |
Property Taxes
Parcel Number
6007-006-019
Land Assessment
$312,049
Improvements Assessment
$208,023
Total Assessment
$520,072
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