1350 Velasco StLos Angeles, CA 90023

Property Details for 1350 Velasco St

Year built

1947

Lot size

0.18 AC

Property size (Sq ft)

4,100 SF

Zone code

LAM2

Property type

Industrial properties

Property subtype

Manufacturing properties

APN

5190-036-002

APU

5190036002

Description

This exceptional 4,100-square-foot industrial property, located at 1350 Velasco St, Los Angeles, CA 90023, presents a unique opportunity for businesses seeking a versatile space in the heart of the city's Central Business District (CBD). The single-tenant building, constructed in 1947, sits on a 0.18-acre lot and boasts a desirable M2-1-CUGU zoning classification. The warehouse features a spacious interior with 17-foot ceilings, providing ample vertical storage capacity. Two loading docks ensure efficient loading and unloading operations, complemented by three convenient parking spaces. The property's electrical service is robust, offering 100 amps at 480 volts, 3-phase, and 4 wires, suitable for a range of manufacturing and industrial applications. Its convenient location near the intersection of Velasco Street and East Pico Boulevard offers excellent accessibility and visibility. The property is currently vacant and ready for immediate occupancy. The Los Angeles County Assessor's Parcel Number (APN) is 5190-036-002. This property is ideal for a variety of manufacturing, warehouse, or distribution businesses seeking a well-located, functional space in the vibrant Los Angeles CBD.

• Alternative Use

  Use

  Valuation

  Residential

  $1,348,213

  Hospitality

  $1,234,956

  Educational

  $1,027,469

  Medical

  $1,062,805

  Retail

  $1,598,285

Location Insight

City

Los Angeles

County

Los Angeles

State

California

Latitude

34.0178

Longitude

-118.205

CBSA code

31080

CBSA name

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

Property Tax & Assessments

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