501 Quay Ave Los Angeles, CA 90744
Prime South Bay location, exceptional value-add.
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 135
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
Nearby Similar for Sale
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?
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