5871 Crocker STreet
Los angeles, ca 90003

PRICE: $1,075,000

 

Industrial/Manufacturing Building​

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Ethan Donel, Alex Reyhan, and Daniel Hirth have been exclusively selected to market for sale 5871 Crocker Street, Los Angeles, CA 90003. This freestanding, industrial building, originally constructed in 1978, underwent extensive renovations in 2022. Located on a ±5,189 SF lot, the property features ±3,900 square feet of building and is zoned LAMR1. The subject property includes open warehouse space, 3-phase 600 AMP/240 Volts electrical service, a ground-level roll-up door, gated access with security doors, dedicated office space, two (2) bathrooms, and a new roof amongst others.

 

5871 Crocker Street allows an owner/user to capitalize on the demand for industrial space in the heart of Los Angeles. This is a great opportunity for an owner/user looking to take advantage of SBA financing with as little as 10% down while also being able to own a turnkey industrial building in the heart of Los Angeles!

 

This neighborhood which includes warehouses, distribution centers, and manufacturing facilities, are becoming increasingly attractive to logistics and e-commerce companies seeking well-located spaces for their operations. Amidst fierce competition and a scarcity of large parcels, investors and developers are drawn to this neighborhood, enticed by its promising growth potential and unique opportunities compared to other prime areas in Los Angeles. As demand surges, the 90003 industrial market offers exceptional investment potential, with robust leasing activity and rising rents signaling a thriving, dynamic environment for growth and opportunity.

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Note: The property may be eligible for cannabis uses; however, the buyer to confirm and verify all permitted uses with the City of Los Angeles. The property includes a second story of unpermitted mezzanine space. Buyer to perform own due diligence and verify all information.