715 Avenue L8Lancaster, CA 93535

Property Details for 715 Avenue L8

Year built

2007

Construction

TILT-UP CONCRETE

Lot size

1.93 AC

Property size (Sq ft)

31,424 SF

Zone code

LRHI

Property type

Warehouses

APN

3126-015-063

APU

3126015063

Description

This exceptional investment opportunity presents a 31,424-square-foot multi-tenant industrial warehouse located at 715 E Avenue L-8, Lancaster, CA 93535. The property, built in 2007, sits on a 1.94-acre lot and features a single, one-story building with three individual units, each currently 100% occupied. The warehouse boasts desirable features including three dock-high doors, providing efficient loading and unloading capabilities. Grade-level loading is also available, enhancing operational flexibility. Ceiling heights range from 16 to 18 feet, offering ample vertical space for storage and operations. The property includes 64 parking spaces for tenant and visitor convenience. The building benefits from recent roof replacement, ensuring long-term structural integrity. Furthermore, the units are equipped with insulation and HVAC systems, providing a comfortable and energy-efficient work environment. The property is zoned HI and has an APN of 3126015063. Current rents are below market value, presenting a significant opportunity for future income growth. This is a prime multi-tenant industrial investment in a high-growth area of Los Angeles County. The property's strong occupancy rate and desirable features make it an attractive investment for both seasoned and new investors seeking a stable and appreciating asset.

Location Insight

City

Lancaster

County

Los Angeles

State

California

Latitude

34.6537

Longitude

-118.116

CBSA code

31080

CBSA name

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

Property Tax & Assessments

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