1410 Elwood St., Los Angeles, CA 90021
  • MLS#: SR25247004 ( Industrial )
  • Street Address: 1410 Elwood St.
  • Viewed: 4
  • Price: $3,100,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1955
  • Bldg sqft: 0
  • Days On Market: 18
  • Additional Information
  • County: LOS ANGELES
  • City: Los Angeles
  • Zipcode: 90021
  • Provided by: Rodeo Realty
  • Contact: Todd Todd
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    Two Joined Warehouses in Opportunity Zone! Premium Industrial Investment in Los Angeles Dynamic 90021 Corridor. Previously used a cannabis facility. Exceptional opportunity to acquire two contiguous industrial properties1410 & 1412 Elwood Streetin the heart of Los Angeles 90021 industrial district. Ideally positioned for owner users or investors seeking an infill SoCal industrial asset with value add potential. Currently vacant and ready for your business to move in! Property Highlights Two parcels: APNs 5167 016 031 & 5167 016 032 Combined building area: 9,516 SF Combined lot size: 9,685 SF (0.22 AC) Built circa 1955character industrial shell in revitalizing zone Zoning: X Industrial per assessor Prime location near Downtown LA, the Arts District & major transit arteriesideal for manufacturing, distribution, logistics, or creative hybrid uses (potential cannabis use, buyer to verify) Opportunity Zone Advantage Located within a Qualified Opportunity Zone (OZ) offering significant tax benefits: Deferral of capital gains via Qualified Opportunity Fund (QOF) investment Step up in basis with long term hold, and potential exclusion of appreciation gains after 10 years This OZ designation enhances the propertys appeal by combining strong fundamentals with tax efficient investment potential. Buyer to verify eligibility. Strategic Location & Market Dynamics Within the 90021 ZIPone of LAs most active industrial micro markets Close to Ports of LA/Long Beach and major freeways (I 10, I 5, 101) Growing demand for small lot industrial and hybrid creative uses amid tightening supply Value Add & Upside Owner users: control occupancy costs, build equity, and expand operations Investors: reposition for higher use or creative industrial conversion; leverage OZ tax benefits Hold long term or stabilize with tenant for durable cash flow and appreciation Ideal Buyer Profile Manufacturing or distribution users seeking a central LA address, or investors targeting Opportunity Zone tax advantages and future redevelopment upside. Possible cannabis useverify with city.
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Features
Accountingtype
  1. Actual
Additional Parcels Description
  1. 5167016032
Building Area Total
  1. 9516.00
Building Features
  1. Phone System
Building Name
  1. 1410–1420 Elwood Street
Commoninterest
  1. None
Construction Materials
  1. Block
  2. Concrete
  3. Drywall Walls
  4. Steel
Cooling
  1. Central Air
Country
  1. US
Current Use
  1. Industrial
Electric
  1. 220 Volts
  2. Electricity - On Property
Heating
  1. Forced Air
  2. Natural Gas
Industrial Squarefootage
  1. 9516
Industrialtype
  1. Warehouse/Distribution
  2. Warehouse/Office
Land Use
  1. Industrial
  2. Other
Laundry Features
  1. Electric Dryer Hookup
  2. Gas Dryer Hookup
  3. Washer Hookup
Parcel Number
  1. 5167016031
Property Type
  1. Industrial
Roof
  1. Rolled/Hot Mop
Security Features
  1. Security Lights
  2. Smoke Detector(s)
  3. Window Bars
Utilities
  1. Electricity Connected
  2. Natural Gas Connected
  3. Phone Available
  4. Sewer Connected
  5. Water Connected
Water Source
  1. Public
Year Built
  1. 1955
Year Built Source
  1. Assessor
Zoning
  1. [LF1-WH1-6] [I2-N]