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- LoopNet Team
710-734 E 62nd St
Los Angeles, CA 90001
Industrial Property For Sale
INVESTMENT HIGHLIGHTS
- $504,750 Price Reduction
- Well Suited Building for Creative Uses with Retro Brick Construction
- All Units are Individually Metered
- Owner/User Opportunity with the Ability to Occupy roughly 76% of the Building Square Footage after Close of Escrow
- Advantageous SBA Financing Available
- Zoned and Mapped for Cannabis Indoor Cultivation and Level 1 Manufacturing
PROPERTY FACTS
| Property Type | Industrial | No. Stories | 1 |
| Property Subtype | Warehouse | Year Built | 1926 |
| Building Class | C | Clear Ceiling Height | 16’ |
| Lot Size | 1.36 AC | No. Dock-High Doors/Loading | 4 |
| Rentable Building Area | 52,150 SF | No. Drive In / Grade-Level Doors | 3 |
| Zoning | M2, Los Angeles - Light Industrial M1 and MR2 Uses, Additional Industrial Uses, Storage Yards, Animal Keeping, Enclosed Composting, no R Zone Uses | ||
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 1.36 AC |
| Rentable Building Area | 52,150 SF |
| No. Stories | 1 |
| Year Built | 1926 |
| Clear Ceiling Height | 16’ |
| No. Dock-High Doors/Loading | 4 |
| No. Drive In / Grade-Level Doors | 3 |
| Zoning | M2, Los Angeles - Light Industrial M1 and MR2 Uses, Additional Industrial Uses, Storage Yards, Animal Keeping, Enclosed Composting, no R Zone Uses |
AMENITIES
- Front Loading
- Mezzanine
- Skylights
ABOUT 710-734 E 62ND ST , LOS ANGELES, CA 90001
Marcus & Millichap is pleased to present this Exclusive Offering for the sale of 710-734 East 62nd Street, a 4-unit industrial warehouse with approximately 52,150 square feet in the city of Los Angeles. The building is situated on approximately 59,397 square feet of M2 industrial zoned land that allows for a wide variety of industrial uses. The Property is currently 75% leased with short-term tenants in the garment industry, which allows an opportunity for Owner/User’s to occupy up to 40,000 square feet after the close of escrow. This Property is located on the South side of East 62nd Street and sits between Central Avenue to the East and Avalon Boulevard to the West. It is approximately 1.4 miles to the 110 Freeway, 4.4 miles to Downtown Los Angeles and less than 25 miles to the Ports of Los Angeles and Long Beach. This centrally located, 4-unit industrial warehouse is an ideal opportunity for a local owner/user to expand their footprint in Los Angeles at one of the most attractive price points a business can find in the city. Please click the link below for Drone Video of the Property and its surrounding neighborhood: https://youtu.be/B20Fz9MTxHQ
PROPERTY TAXES
| Parcel Number | 6007-010-021 | Improvements Assessment | $1,392,699 |
| Land Assessment | $3,597,814 | Total Assessment | $4,990,513 |
PROPERTY TAXES
