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- LoopNet Team
1111 E 16th St
Los Angeles, CA 90021
Industrial Property For Sale
PROPERTY FACTS
AMENITIES
- Fenced Lot
UTILITIES
- Heating
ABOUT 1111 E 16TH ST , LOS ANGELES, CA 90021
Excellent Opportunity in the Heart of Downtown Los Angeles - Heavy Power 800a/240v/3 phase - 12ft ceiling height - Built in 1964 - 100% Occupied (MTM tenants) The subject property is located in the San Pedro Wholesale District. It has direct access to all major freeways including I-10 FWY frontage. As the location is also in proximity to both the Arts District and South Park it provides an ideal situation for anyone looking to be in the Downtown market. Rental income on the property provides income for anyone looking at this asset as an investment or a holdover until a user eventually settles into the property. Depending on the tenant, rental increases range from 3-5% annually .
PROPERTY TAXES
| Parcel Number | 5132-024-034 | Improvements Assessment | $0 |
| Land Assessment | $12,656,253 | Total Assessment | $12,656,253 |
PROPERTY TAXES
ZONING
| Zoning Code | M2-2D |
| M2-2D |
