Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1955
Sq.Footage
N/A
Two Joined Warehouses in Opportunity Zone! Premium Industrial Investment in Los Angeles’ Dynamic 90021 Corridor. Previously used a cannabis facility. Exceptional opportunity to acquire two contiguous industrial properties—1410 & 1412 Elwood Street—in the heart of Los Angeles’ 90021 industrial district. Ideally positioned for owner-users or investors seeking an infill SoCal industrial asset with value-add potential. Currently vacant and ready for your business to move in! Property Highlights Two parcels: APNs 5167-016-031 & 5167-016-032 Combined building area: ±9,516 SF Combined lot size: ±9,685 SF (0.22 AC) Built circa 1955—character industrial shell in revitalizing zone Zoning: “X” Industrial per assessor Prime location near Downtown LA, the Arts District & major transit arteries—ideal for manufacturing, distribution, logistics, or creative hybrid uses (potential cannabis use, buyer to verify) Opportunity Zone Advantage Located within a Qualified Opportunity Zone (OZ) offering significant tax benefits: Deferral of capital gains via Qualified Opportunity Fund (QOF) investment Step-up in basis with long-term hold, and potential exclusion of appreciation gains after 10 years This OZ designation enhances the property’s appeal by combining strong fundamentals with tax-efficient investment potential. Buyer to verify eligibility. Strategic Location & Market Dynamics Within the 90021 ZIP—one of LA’s most active industrial micro-markets Close to Ports of LA/Long Beach and major freeways (I-10, I-5, 101) Growing demand for small-lot industrial and hybrid creative uses amid tightening supply Value-Add & Upside Owner-users: control occupancy costs, build equity, and expand operations Investors: reposition for higher-use or creative-industrial conversion; leverage OZ tax benefits Hold long term or stabilize with tenant for durable cash flow and appreciation Ideal Buyer Profile Manufacturing or distribution users seeking a central LA address, or investors targeting Opportunity Zone tax advantages and future redevelopment upside. Possible cannabis use—verify with city.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
Central Air
-
Heating YN
YES
-
Heating
Forced Air, Natural Gas
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Block, Concrete
-
Pool
No
Area & Lot
-
Lot Features
Paved, Rectangular Lot
-
Lot Size(acres)
0.2223
-
Property Type
Commercial Sale
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Property Sub Type
Industrial
Price
-
Sales Price
$3,100,000
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Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Stories
1
-
Water Source
Public
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Location
County
Los Angeles
Elementary School
Middle School
High School
Listing Courtesy of Todd Jones , Rodeo Realty
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