Land For Sale • 0.15 AC
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.
| 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 |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| 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/Subway | Drive | Walk | Distance |
| 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 |
| Airport | Drive | Walk | Distance |
| Los Angeles International | 26 min | - | 16.4 mi |
| Long Beach (Daugherty Field) | 32 min | - | 19.0 mi |
| Bob Hope | 29 min | - | 20.2 mi |