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1626 E 23rd St
Los Angeles, CA 90011 Southeast Los Angeles

$750,000 USD

Land For Sale  •  0.15 AC

Property Details

  • Property Type Land
  • Lot Size 0.15 AC
  • Zoning M1-1
70 Transit Score
70 Walk Score

Description

Park Industrial Realty is pleased to present 1626 E 23rd St, Los Angeles, CA 90011, a 6,609-square-foot M1-1 zoned land parcel located just south of Downtown Los Angeles. The property represents a rare small-lot industrial land opportunity suitable for an owner-user, developer, or investor seeking a centrally located site with convenient access to Downtown LA and surrounding industrial markets.

The site is currently improved with a 1,260-square-foot residential house generating $2,900 per month on a month-to-month tenancy, providing interim rental income while a buyer evaluates future use or redevelopment options.

Offered at $750,000, or approximately $113.48 per land square foot, the property provides an opportunity to acquire industrial-zoned land with existing income in a central Los Angeles location.

Highlights

6,609 SF M1-1 zoned land parcel purchase opportunity just south of Downtown LA
Ideal for developer or industrial investor
Existing 1,260 SF residential house provided in-place income
Currently producing $2,900 per month on a month-to-month tenancy

Property Flyers

Public Transportation

Commuter RailDriveWalkDistance
9 min - 3.2 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)) 10 min - 3.8 mi
Transit/SubwayDriveWalkDistance
Washington Station (Blue Line - Los Angeles County Metropolitan Transportation Authority (Metro)) 1 min 11 min 0.5 mi
Vernon Station (Blue Line - Los Angeles County Metropolitan Transportation Authority (Metro)) 3 min 19 min 1.0 mi
AirportDriveWalkDistance
Los Angeles International 26 min - 16.4 mi
Long Beach (Daugherty Field) 32 min - 19.0 mi
Bob Hope 29 min - 20.2 mi
Daniel Park 213-446-0396 Park Industrial Realty
Daniel Park 213-446-0396 Park Industrial Realty