For Sale
$1,199,900

2215 Randolph StHuntington Park, CA 90255

Renovated Warehouse, Prime Location

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional 5,180-square-foot industrial property, located at 2215 Randolph St, Huntington Park, CA 90255, presents a rare opportunity for owner-users or investors. The single-story, 1941-built building underwent a complete renovation in 2024, boasting updated paint, lighting, and electrical systems. The property features a 12-foot ceiling height and sits on a 7,122-square-foot lot, zoned HPM2YY. Currently vacant, this Class C building offers significant potential. The asking price is $1,199,900, translating to $231.64 per square foot, with a pro-forma cap rate of 7.72% and a pro-forma NOI of $92,647. The property's strategic location in the Vernon Sub-Market offers easy access to Downtown Los Angeles and major freeways, placing it within a vibrant commercial area near established businesses. Ideal for a 1031 exchange or SBA financing, this property represents a strong investment opportunity in a high-demand market. The property is for sale by owner and is a single-unit building with no loading docks. Serious inquiries only.

Highlights

  • 5,180 SF industrial building at 2215 Randolph St, Huntington Park, CA 90255.
  • Recently renovated (2024) with updated paint, lighting, and electrical systems.
  • 12' ceiling height on a 7,122 SF lot, zoned HPM2YY.
  • Asking price: $1,199,900 ($231.64/SF), 7.72% pro-forma cap rate, $92,647 pro-forma NOI.
  • Excellent Vernon Sub-Market location with easy access to Downtown LA and major freeways.

Property Details for 2215 Randolph St

Property type
Warehouses, Industrial properties
Square Feet
5,180 SF
Class
C
Year Built/Renovated
1941/2024
Buildings
1
Stories
1
Units
1

Location Insight

City
Huntington Park
County
Los Angeles
State
California
Latitude
33.98625698475
Longitude
-118.23199921882
2215 Randolph St, Huntington Park, California

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2215 Randolph St
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