5871 Crocker St - Manufacturing FOR SALE


Los Angeles, CA 90003
$1,075,000 USD
310-300-3179
5871 Crocker St, Los Angeles, CA for Sale
$1,075,000 USD
Manufacturing - FOR SALE
1/32
null | Request Cap Rate

5871 Crocker St
Los Angeles, CA 90003


HIGHLIGHTS

  • Fantastic Owner/User Opportunity | SBA Financing with as little as 10% down
  • Turnkey Industrial/Light Manufacturing Building | Delivered Vacant
  • High Electrical Capacity: 3-Phase Power - 600 AMPS / 240 VOLTS
  • Open Warehouse Space | Dedicated Office Space | New Roof | One (1) GL Roll-Up Door
  • Secure Privately Gated Concrete Parking Lot | 4+ Parking Spaces + Street Parking
  • Close Proximity | Southeast Gateway Metro Line Project, Inglewood, Vernon, Huntington Park

OVERVIEW

Ethan Donel, Alex Reyhan, and Daniel Hirth have been exclusively selected to market for sale 5871 Crocker Street, Los Angeles, CA 90003. This freestanding, turnkey 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. * 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.

FOR SALE DETAILS

PRICE

$1,075,000 USD

PRICE/SF

$276 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Manufacturing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1978

UTILITIES

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

CLEAR CEILING HT

16 Ft

DOCKS

-

DRIVE INS

1

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.12

LAND SF

5,189

ZONING

MR1, Los Angeles

APN/PARCEL ID

6006-029-003

ASK ABOUT THIS PROPERTY

Ethan DonelKW AdvisorsMore Info
310-300-3179

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Ethan DonelKW AdvisorsMore Info
310-300-3179

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