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1811 Sacramento StLos Angeles, CA 90021

40,479 SF Vacant Warehouse, Downtown LA

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional opportunity presents two vacant industrial buildings totaling 40,479 square feet on a 1.76-acre lot in Los Angeles' coveted Arts District. The property, located at 1811-1825 Sacramento Street, zip code 90021, consists of two single-story buildings constructed in 1971 and 1972, offering a combined 40,479 square feet of net rentable space. The buildings boast 17' to 21' ceiling heights, five loading docks, and eight dock-high doors, ideal for various industrial uses. The property is zoned M-3 (Heavy Manufacturing), allowing for a maximum floor area ratio of 1.5, presenting significant redevelopment potential. The fully fenced and secured lot provides ample space and security. Its prime location offers easy access to major freeways and public transportation, making it an attractive option for owner-users and investors. The property's designation as an Opportunity Zone provides potential tax advantages, with the deferral of federal tax liabilities expiring December 31, 2026. This is a rare infill opportunity in a highly desirable industrial market. The vacant status allows for immediate occupancy of both buildings or the option to occupy one and lease the other.

Highlights

  • 100% vacant, two-building industrial property totaling 40,479 square feet.
  • Option to occupy both buildings or occupy one and lease the other.
  • M3 (Heavy Manufacturing) zoning with a 1.5 maximum FAR in Los Angeles.
  • Fully fenced and secured 1.76-acre lot.
  • Excellent freeway and public transportation access.
  • Located in an Opportunity Zone offering federal tax liability deferral (expires 12/31/2026).

Property Details for 1811 Sacramento St

Property type
Warehouses, Industrial properties
Square Feet
40,479 SF
Class
B
Buildings
2
Stories
1
Lot Size (sq. ft)
76,666 SF

Location Insight

City
Los Angeles
County
Los Angeles
State
California
Latitude
34.0308869
Longitude
-118.2358098
1811 Sacramento St, Los Angeles, California

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1811 Sacramento St
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