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150-154 E 58th St
Los Angeles, CA 90011 Vernon-Main

$2,725,000 USD

Manufacturing For Sale  •  19,080 SF

Property Details

  • Property Type Manufacturing
  • Total Building Size 19,080 SF
  • Lot Size 0.48 AC
  • Building Class C
  • Year Built 1945
  • Cap Rate 6.47 %
  • Tenancy Multiple
  • Zoning M1-1-CPI0
80 Transit Score
60 Walk Score

Highlights

Rare Central Los Angeles Industrial Opportunity: Approximate 19,080 SF industrial building on a 0.48-acre M1-2D-CPIO zoned parcel.
In-Place Yield with Rental Upside / Below Replacement Cost: Offered at a 6.47% in-place cap rate and just $143/SF.
Month-To-Month Tenancy Provides Investor and Owner/User Flexibility
Divisible Multi-Unit Configuration: The building is currently configured as three units, providing flexibility for a buyer to occupy all or a portion.
Dock-High Loading Functionality: The property features four dock-high loading doors with recessed interior dock positions.
Heavy Power Infrastructure: 600-amp, 120/240-volt, 3-phase, 4-wire electrical service.
Cap Rate: 6.47 %

Amenities

  • Fenced Lot
  • Front Loading
  • Storage Space

Public Transportation

Commuter RailDriveWalkDistance
11 min - 5.6 mi
Union Station (91 Line - Southern California Regional Rail Authority (Metrolink), Antelope Valley Line - Southern California Regional Rail Authority (Metrolink), Orange County Line - Southern California Regional Rail Authority (Metrolink), Riverside Line - Southern California Regional Rail Authority (Metrolink), San Bernardino Line - Southern California Regional Rail Authority (Metrolink), Ventura County Line - Southern California Regional Rail Authority (Metrolink)) 14 min - 7.4 mi
AirportDriveWalkDistance
Los Angeles International 19 min - 10.2 mi
Long Beach (Daugherty Field) 25 min - 18.4 mi
Bob Hope 31 min - 22.4 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes
Brin Hamblin 818-212-2776 Agnew | Serling Group
Brin Hamblin 818-212-2776 Agnew | Serling Group