For Sale
$1,199,900

2215 Randolph St Huntington Park, CA 90255

Renovated Warehouse, Prime Location

Overview

Added:
Dec 11, 2024
Days on market:
134
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

FAQs

What type of property is this?
Warehouse - Renovated Warehouse, Prime Location
Where is the warehouse located?
The property is located at 2215 Randolph St Huntington Park, CA.
What is the asking price?
The asking price for this property is $1,199,900.
What are key features of this property?
This property features: 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.
How can I contact the broker?
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2215 Randolph St
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