For Sale
Request a price

501 Quay Ave Los Angeles, CA 90744

Prime South Bay location, exceptional value-add.

Overview

Added:
Dec 11, 2024
Days on market:
135
This exceptional industrial property, located at 501 Quay Ave, Los Angeles, CA 90744, presents a compelling investment opportunity. The 3.61-acre site boasts an existing 16,418 square foot maintenance and equipment building and offers ±157,340 square feet of space, currently 100% occupied under a NNN lease with a remaining term of 0.5 years. The property is zoned M2 Light Industrial, allowing for a variety of uses, and benefits from its strategic location less than one mile from the Los Angeles and Long Beach Ports, providing unparalleled access to major transportation arteries including the I-110, I-710, and I-405 freeways, and proximity to Los Angeles International Airport. The fully fenced, paved, and lit yard offers significant outdoor storage capabilities, a rare commodity in this highly sought-after South Bay market. The current lease presents a significant mark-to-market opportunity due to below-market rent and high barriers to entry in the area, including limited available yard sites and stringent zoning regulations. This property is situated in a strong industrial market with extremely tight supply and low vacancy rates, making it an ideal investment for those seeking a value-add opportunity with significant upside potential. The APN is 7418-008-004. This is a single-tenant property.

Highlights

  • Exceptional value-add opportunity: 501 Quay Avenue offers a significant mark-to-market upside with a short-term lease and below-market rent (83% below market). High barriers to entry in the South Bay create limited comparable properties.
  • Rare industrial yard site: M2 Light Industrial zoning in an Opportunity Zone allows for outdoor storage, specifically truck and trailer parking—a highly restricted use. By-right zoning provides a competitive advantage.
  • Prime location: Strategically located near the Ports of Los Angeles and Long Beach, major freeways (I-110, I-710, I-405), and LAX, serving a large consumer base (20M+ within 50 miles).
  • Strong industrial market: Greater Los Angeles boasts a robust industrial market with extremely low vacancy (3.9%) and limited new construction, creating high demand.

Property Details for 501 Quay Ave

Property type
Industrial properties, Manufacturing properties
Square Feet
157,340 SF
Lot Size (sq. ft)
157,252 SF

Location Insight

City
Los Angeles
County
Los Angeles
State
California
Latitude
33.7760504
Longitude
-118.2585646

FAQs

What type of property is this?
Industrial property - Prime South Bay location, exceptional value-add.
Where is the industrial property located?
The property is located at 501 Quay Ave Los Angeles, CA.
What are key features of this property?
This property features: Exceptional value-add opportunity: 501 Quay Avenue offers a significant mark-to-market upside with a short-term lease and below-market rent (83% below market). High barriers to entry in the South Bay create limited comparable properties.; Rare industrial yard site: M2 Light Industrial zoning in an Opportunity Zone allows for outdoor storage, specifically truck and trailer parking—a highly restricted use. By-right zoning provides a competitive advantage.; Prime location: Strategically located near the Ports of Los Angeles and Long Beach, major freeways (I-110, I-710, I-405), and LAX, serving a large consumer base (20M+ within 50 miles).
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
501 Quay Ave
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message