Prime Investment opportunity

LA Industrial Opportunity

Property Description

This is an opportunity to own an industrial asset in Maywood with upside development potential. With close proximity to the I-5, I-10, I-710 and multiple ports, the property is ideally situated for both the industrial/distribution/warehouse user and the developer interested in creating a larger space or converting to residential. The current 24′ ceilings are a serious value with the neighborhood average at 20′. 

Come capitalize on an opportunity to own a prime industrial parcel with development opportunity within LA’s city limits and a short drive from multiple major thoroughfares. 

Please inquire for additional investment details. 

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Development Opportunity

Lot Size: 18,044 Sq Ft
Building Size: 10,000 Sq Ft
Ceiling Height: 24′
Zoning: Industrial, warehouse, manufacturing, distribution

Situated just below the intersection of I-5, I-10 and I-710, this parcel is perfect for a distribution center or Industrial/Warehouse. Having recently experienced a small fire, there is electrical and cosmetic damage that a new owner will need to address, but the current owner is willing to discount the sales price for the cost of fixing or, potentially, discount the replacement cost of the building should the future owner/investor decide to rebuild. This is a blank slate on which to create the highest and best use of the property either through redevelopment or use of the existing structure.  

Strong Market Fundamentals

Maywood is a strong submarket of the LA County MSA. With easy access to three major interstate highways and continued growth in both the industrial and residential markets, Maywood is ideal for the owner/user or investor/developer looking to capitalize on the location.

The city planner has indicated that, with the right design, the lot could be used as a multi-family or low-income housing development. With Carmelita street, a residential street, around the corner, a residential development is feasible. 

Property Highlights

$2,400,000

This is a prime opportunity to purchase an existing building at a discounted price. Dictate the vision from beginning to end and capitalize on the central location of this asset. 

Offering Memorandum

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