1811 Sacramento StLos Angeles, CA 90021

Property Details for 1811 Sacramento St

Year built

1972

Construction

TILT-UP CONCRETE

Lot size

0.78 AC

Property size (Sq ft)

13,753 SF

Zone code

LAM3

Property type

Industrial properties

Property subtype

Other warehouses

APN

5166-030-008

APU

5166030008

Description

This exceptional opportunity presents two vacant industrial buildings totaling 40,479 square feet on a 1.76-acre lot in Los Angeles' coveted Arts District. The property, located at 1811-1825 Sacramento Street, zip code 90021, consists of two single-story buildings constructed in 1971 and 1972, offering a combined 40,479 square feet of net rentable space. The buildings boast 17' to 21' ceiling heights, five loading docks, and eight dock-high doors, ideal for various industrial uses. The property is zoned M-3 (Heavy Manufacturing), allowing for a maximum floor area ratio of 1.5, presenting significant redevelopment potential. The fully fenced and secured lot provides ample space and security. Its prime location offers easy access to major freeways and public transportation, making it an attractive option for owner-users and investors. The property's designation as an Opportunity Zone provides potential tax advantages, with the deferral of federal tax liabilities expiring December 31, 2026. This is a rare infill opportunity in a highly desirable industrial market. The vacant status allows for immediate occupancy of both buildings or the option to occupy one and lease the other.

• Alternative Use

  Use

  Valuation

  Residential

  $4,612,467

  Hospitality

  $4,224,995

  Educational

  $3,515,146

  Medical

  $3,636,037

  Retail

  $5,468,005

Location Insight

City

Los Angeles

County

Los Angeles

State

California

Latitude

34.0308

Longitude

-118.236

CBSA code

31080

CBSA name

LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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