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DTLA Cold Storage/Warehouse Facility 1000 Lawrence St 19,908 SF Industrial Building Los Angeles, CA 90021 $14,206,599 CAD ($713.61 CAD/SF)

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Investment Highlights

DTLA Owner-User Cold Storage Facility
High Clearance, ±3,384 SF of Refrigerated Rooms (2), 2 Exterior Docks, Mezzanine and Office Space
Potential Development Site: Executive Directive 1 (ED1) Designation (Adaptive Reuse)

Also Great for Warehouse, Distribution, Manufacturing Applications
SBA 504 and 7(a) Eligible and Designated Opportunity Zone Location

Executive Summary

±19,908 SF cold storage facility on approx. half an acre. Configured for active food distribution and logistics use. Prime DTLA Produce District location. SBA 504 & 7a eligible. Located in an Opportunity Zone (tax benefits). Potential development site: ED1 designation fast-tracks 100% affordable housing adaptive reuse projects. Two refrigerated storage rooms. Two loading docks and ±25 foot clear height. Two mezzanines (ideal for additional storage, light assembly, or office overflow). Office/administrative space. Multiple ingress and egress points.

1000 Lawrence St Sale OM

Property Facts

Price	$14,206,599 CAD	Rentable Building Area	19,908 SF
Price Per SF	$713.61 CAD	No. Stories	1
Sale Type	Investment or Owner User	Year Built/Renovated	1945/1992
Property Type	Industrial	Tenancy	Single
Property Subtype	Warehouse Industrial Refrigeration ColdStorage	Clear Ceiling Height	25’
Building Class	C	No. Dock-High Doors/Loading	2
Lot Size	0.51 AC	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	LA M3-1-RIO

Price	$14,206,599 CAD
Price Per SF	$713.61 CAD
Sale Type	Investment or Owner User
Property Type	Industrial
Property Subtype	Warehouse Industrial Refrigeration ColdStorage
Building Class	C
Lot Size	0.51 AC
Rentable Building Area	19,908 SF
No. Stories	1
Year Built/Renovated	1945/1992
Tenancy	Single
Clear Ceiling Height	25’
No. Dock-High Doors/Loading	2
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	LA M3-1-RIO

Cooler

Freezer (Space)

Skylights

Water - City
Sewer - City
Heating

Major Tenants

Wholesaler
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We are a family owned business that was started by Dominic DeFranco in 1916. In 1952 De Franco & Sons was the first tomato re-packer on the West Coast to package tomatoes in tube trays. Third generation is now running day to day operations, Paul, Richard and Jerry De Franco, a combine 80 years of experience. Dominic & Carmela De Franco, Italian Immigrants who came to this country in the early 1900‘s. Victor- John- Sam & Theresa lived in in San Francisco California In 1924 & Lodi, California. The family also spent time in the Stockton area in the agricultural business of farming & packing table grapes. From San Francisco, the family moved to Boston Massachusetts. There, our family had a great fondness for the time spent in Boston. It was the east coast culture! Walking past the Jewish butcher shop to sneak a peak at the rabbi who was praying over the freshly killed, making sure it was kosher.