1204 Paloma St - Warehouse FOR SALE


Los Angeles, CA 90021
$2,450,000 USD
818-572-4050
1204 Paloma St, Los Angeles, CA for Sale
$2,450,000 USD
Warehouse - FOR SALE
1/14
null | Request Cap Rate

1204 Paloma St
Los Angeles, CA 90021


HIGHLIGHTS

  • Approximately 3,928 square feet per Public Records (7,800 square feet inclusive of Mezzanine space)
  • Industrial Warehouse Building with a 5,565 SF Lot
  • Formerly Occupied by Cannabis Tenant and has four licenses ; Cultivation, Manufacturing, Distribution, Delivery that can be sold separately.
  • Located in opportunity zone
  • Rear gated secured parking
  • 120/240V 400 AMPS 3 PHASE building power capacity

OVERVIEW

This industrial warehouse in Downtown Los Angeles offers approximately 3,928 square feet of space (7,800 square feet including mezzanine) on a 5,565 square foot lot. Located within an Opportunity Zone, this property is ideal for various industrial uses, including cannabis operations. Built in 1997 with tilt-up concrete construction, the facility features a 25-foot clearance height, 400 AMPS of 3-phase power (expandable to 1,200 AMPS), a 1-inch gas line, fire sprinklers, and a 25-ton HVAC system. Additional highlights include rear gated parking, multiple restrooms, and proximity to major freeways (10, 5, 110, 101), public transportation, and amenities in the Fashion District and Wholesale Produce Market area. Also available are four cannabis licenses (Cultivation, Manufacturing, Distribution, Delivery), to be sold separately. This property is ideal for investors or businesses looking to capitalize on the Opportunity Zone incentives, whether for general industrial use or cannabis operations. The facility’s robust infrastructure, combined with its prime location in a bustling commercial area, offers significant potential for growth and profitability.

FOR SALE DETAILS

PRICE

$2,450,000 USD

PRICE/SF

$314 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Industrial Warehouse in DTLA Opportunity zone

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

ADD'L SUBTYPES

Distribution, Manufacturing

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1997

UTILITIES

Lighting, Gas - Natural, Water - City, Sewer - City, Heating - Gas

CLEAR CEILING HT

24 Ft

DOCKS

-

DRIVE INS

1

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.13

LAND SF

5,663

ZONING

M2, Los Angeles

APN/PARCEL ID

5132-016-047

ASK ABOUT THIS PROPERTY

Michael Sharonilli Commercial Real EstateMore Info
818-572-4050

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Michael Sharonilli Commercial Real EstateMore Info
818-572-4050

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.