DTLA Industrial Facility With Parking 1607 S Grand Ave 20 000 pi² Industriel Immeuble Los Angeles, CA 90015 7 090 668 $ CAD (354,53 $ CAD/pi²)

1607 S Grand Avenue and 320 Venice Boulevard present a rare opportunity to acquire a dual-building industrial property in one of Downtown Los Angeles’ most strategically positioned commercial corridors. Located at the prominent southwest corner of Grand and Venice, the property offers exceptional visibility in a high-traffic environment just one block north of the I-10 Freeway, providing seamless regional access and connectivity to Greater Los Angeles. The combined site consists of approximately 26,100 square feet of land improved with two industrial buildings totaling approximately 20,000 square feet, each offering distinct utility while functioning cohesively as a unified operational footprint. 5,000 square feet of offices with HVAC are included. The Grand Avenue building, constructed in 1976, offers an efficient layout with clear heights of approximately twelve feet, sprinklered interiors, multiple restrooms, and a grade-level loading door suitable for a wide range of light industrial, warehousing, or distribution uses. The Venice Boulevard building, originally built in 1923, features additional workspace, a bonus mezzanine, roll-up loading access, and flexible interior configurations that support both creative and traditional industrial operations. The site’s perimeter parking and dual ingress points enhance maneuverability for vehicles and freight, a highly desirable advantage within the dense downtown environment. Its Qualified Opportunity Zone designation presents compelling tax-advantaged potential for investors seeking long-term value creation, while the location’s proximity to major employment centers, civic anchors, and Downtown LA’s constantly growing residential base further strengthens the property’s strategic appeal. For owner-users, the ability to control two adjacent structures within an urban infill setting creates operational efficiency and rare scalability. For investors, the offering provides a versatile asset that can be stabilized through leasing or repositioned for higher and better uses subject to zoning. With excellent visibility, strong logistical advantages, and flexible layout potential, this asset stands out as a premier industrial acquisition opportunity in the heart of Downtown Los Angeles.