501 Quay AveLos Angeles, CA 90744
- Manufacturing properties
- 6,660 SF
Property Details for 501 Quay Ave
- Year built
- 1989
- Construction
- TILT-UP CONCRETE
- Lot size
- 3.59 AC
- Property size (Sq ft)
- 6,660 SF
- Zone code
- LAM2
- Property type
- Manufacturing properties
- APN
- 7418-008-004
- APU
- 7418008004
Description
This exceptional industrial property, located at 501 Quay Ave, Los Angeles, CA 90744, presents a compelling investment opportunity. The 3.61-acre site boasts an existing 16,418 square foot maintenance and equipment building and offers ±157,340 square feet of space, currently 100% occupied under a NNN lease with a remaining term of 0.5 years. The property is zoned M2 Light Industrial, allowing for a variety of uses, and benefits from its strategic location less than one mile from the Los Angeles and Long Beach Ports, providing unparalleled access to major transportation arteries including the I-110, I-710, and I-405 freeways, and proximity to Los Angeles International Airport. The fully fenced, paved, and lit yard offers significant outdoor storage capabilities, a rare commodity in this highly sought-after South Bay market. The current lease presents a significant mark-to-market opportunity due to below-market rent and high barriers to entry in the area, including limited available yard sites and stringent zoning regulations. This property is situated in a strong industrial market with extremely tight supply and low vacancy rates, making it an ideal investment for those seeking a value-add opportunity with significant upside potential. The APN is 7418-008-004. This is a single-tenant property.
Location Insight
- City
- Wilmington
- County
- Los Angeles
- State
- California
- Latitude
- 33.7772
- Longitude
- -118.259
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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