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Property Detail

San Pedro Street
5701-5709 S San Pedro Street comprises two parcels with a 9,746-SF multi-purpose industrial building
$575,000
Manufacturer: https://www.dnb.com/

Description

  • 5701-5709 S San Pedro Street comprises two parcels with a 9,746-SF multi-purpose industrial building ready for various users.
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  • This opportunity caters to a variety of light industrial/ flex users in the surrounding South LA Submarket.
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  • Approximately 24 miles north of the Port of Long Beach and Los Angeles, North America's two largest busiest container ports.
  • Property’s location offers direct access to the 110 Freeway within the South Park neighborhood south of Downtown Los Angeles.
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  • Industrial asset was completely renovated two years ago, offering 20' clear height, an upgraded power supply, and one drive-in.

Executive Summary

Dorin Realty Company is pleased to exclusively present an industrial user’s premier opportunity at 5701-5709 S San Pedro Street in Los Angeles, California. The subject is a 9,746-square-foot manufacturing/ light industrial facility in the South Park neighborhood on 0.24 acres south of Downtown Los Angeles. The wood frame and stucco building was constructed in 1968 and underwent a full $700,000 renovation within the last two years. Now, it offers a 20-foot clear height, a drive-in measuring 10 feet by 12 feet, an updated heavy power supply of 400-amp/240-volt 3-phase 4-wire, energy-efficient lighting, a gas meter, and floor drains.

The subject asset is located two blocks north of Slauson Avenue, just east of the 110 Freeway and south of the Downtown Los Angeles hustle and bustle in the South Park community. Additional access to the 105, 710, and 10 Freeways makes local commuting a breeze. The Los Angeles International Airport and Long Beach Daughtery Field Airport are less than 20 miles away, and the Ports of Long Beach and Los Angeles are about 24 miles south of the site. The Port of Long Beach offers 22 shipping terminals, and The Port of Los Angeles offers 25. The subject site is near Huntington Park, a neighboring industrial suburb in the southern Los Angeles outskirts, emphasizing user synergy throughout.

According to CoStar analytics, the South LA industrial submarket contains 23.1 million square feet of inventory, approximately 13.8 million square feet of logistics inventory, 760,000 square feet of flex inventory, and 8.5 million square feet of specialized inventory. The realm continues to benefit industrial tenants regarding accessibility, space, and synergy. Of the encompassing 3 miles surpassing 5701-5709 S San Pedro Street, more than 94,600 daytime employees report to service-producing industries, and nearly 18,200 are in goods-producing sectors. Of these, trade transportation and utilities, education and health services, and manufacturing see the largest headcounts.

Multipurpose Industrial

Listing ID : 00582

SKU: 582

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Price History

DateEventPrice
December 3 2024Listed$575,000.00