731 Ceres AveLos Angeles, CA 90021

  • Industrial properties
  • 3,200 SF
For Lease
$22.44/SF/YR View listing

Property Details for 731 Ceres Ave

Year built
1963
Construction
TILT-UP CONCRETE
Lot size
0.11 AC
Property size (Sq ft)
3,200 SF
Zone code
LAM2
Property type
Industrial properties
Property subtype
Other warehouses
APN
5146-001-040
APU
5146001040

Description

This exceptional 3,200-square-foot warehouse facility, located at 731 Ceres Ave in Los Angeles, CA 90021, presents a unique opportunity for businesses seeking a single-tenant space in the heart of Downtown Los Angeles. Built in 1963, the property boasts a spacious layout with a 16-foot ceiling height, providing ample room for storage and operations. The warehouse features one loading dock for efficient loading and unloading, complemented by six parking spaces for convenient access. The property sits on a 4,625-square-foot lot, offering potential for expansion or outdoor storage. The electrical service is robust, featuring 200A/240V 3P 4W power. The property is zoned LA M2-3, allowing for a variety of industrial uses. The Los Angeles County Assessor's Parcel Number (APN) is 5146-001-040. The entire 3,200 square feet is currently vacant and ready for immediate occupancy. This is a rare opportunity to secure a well-located, functional warehouse in a thriving urban environment. The property's central location provides easy access to major transportation arteries, making it an attractive option for businesses needing efficient logistics. Don't miss this chance to establish your business in this desirable Downtown Los Angeles location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $1,081,429
    Hospitality
    $990,583
    Educational
    $824,153
    Medical
    $852,497
    Retail
    $1,282,016
731 Ceres Ave, Los Angeles, California

Location Insight

City
Los Angeles
County
Los Angeles
State
California
Latitude
34.0373
Longitude
-118.244
CBSA code
31080
CBSA name
LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$7,046
$274,079
$79,557
$353,636
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