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Executive Summary
Prime opportunity in the Vernon/Florence industrial corridor. This 2,508 SF light-industrial building sits on a 5,057 SF lot with LAMR1 zoning, offering flexible use for manufacturing, storage, distribution, or owner-user operations. The property has been vacant for several years, providing a clean slate for redevelopment or repositioning.
Priced at $500,000, this asset represents one of the most affordable industrial entries in Los Angeles. Investors gain land value, zoning versatility, and the ability to reposition or lease at market industrial rates. Ideal for owner-users, auto operators, or value-add investors seeking long-term appreciation in a supply-constrained industrial zone.
Gated lot with street access and close proximity to major transportation routes serving the South LA industrial hub. Buyer to verify all permitted uses and building specifications. Property sold as-is.
Priced at $500,000, this asset represents one of the most affordable industrial entries in Los Angeles. Investors gain land value, zoning versatility, and the ability to reposition or lease at market industrial rates. Ideal for owner-users, auto operators, or value-add investors seeking long-term appreciation in a supply-constrained industrial zone.
Gated lot with street access and close proximity to major transportation routes serving the South LA industrial hub. Buyer to verify all permitted uses and building specifications. Property sold as-is.
Property Facts
| Price | $708,050 CAD | Lot Size | 0.12 AC |
| Price Per SF | $297.25 CAD | Rentable Building Area | 2,382 SF |
| Sale Type | Investment or Owner User | No. Stories | 1 |
| Property Type | Industrial | Year Built | 1962 |
| Property Subtype | Warehouse | Tenancy | Single |
| Building Class | C | No. Drive In / Grade-Level Doors | 4 |
| Zoning | LAMR1 - Limited Industrial | ||
| Price | $708,050 CAD |
| Price Per SF | $297.25 CAD |
| Sale Type | Investment or Owner User |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 0.12 AC |
| Rentable Building Area | 2,382 SF |
| No. Stories | 1 |
| Year Built | 1962 |
| Tenancy | Single |
| No. Drive In / Grade-Level Doors | 4 |
| Zoning | LAMR1 - Limited Industrial |
Amenities
- Fenced Lot
1 1
Moderately walkable
60/100
Very drivable
80/100
Strong public transit
80/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 5105-020-010 | Improvements Assessment | $235,092 CAD |
| Land Assessment | $117,531 CAD | Total Assessment | $352,623 CAD |
Property Taxes
Parcel Number
5105-020-010
Land Assessment
$117,531 CAD
Improvements Assessment
$235,092 CAD
Total Assessment
$352,623 CAD
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