Opportunity Zone Investment | 939-943 N Vignes St
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Opportunity Zone Investment 939-943 N Vignes St
8,932 SF Industrial Building Los Angeles, CA 90012 $3,827,034 CAD ($428 CAD/SF)
Investment Highlights
- Heavy Industrial Facility
- Ideal for Owner/User or Investor
- Currently Generating $20,000 Per Month Gross
- Located Just North of DTLA Adjacent to Chinatown
Executive Summary
Ideal for manufacturing, warehouse or creative applications. Flexible open space with 12'6" clear height and drive-in access. Close proximity to Union Station and all DTLA freeways for easy accessibility. Located within a qualified Opportunity Zone (significant tax benefits). Currently generating $20,000 per month with month-to-month tenancy (tenant willing to sign new lease. Clean Environmental Phase 1 report (no further action required; report completed 5/7/2024). Located just north of Downtown Los Angeles,
the property offers exceptional connectivity to Union Station, major freeways, and vibrant neighborhoods like Chinatown and the Arts District. Located in a rapidly revitalizing area with new developments and infrastructure, this property benefits from low vacancy rates and rising demand for industrial and mixed-use spaces. Its central location and flexibility make it a valuable investment in a competitive, dynamic market.
the property offers exceptional connectivity to Union Station, major freeways, and vibrant neighborhoods like Chinatown and the Arts District. Located in a rapidly revitalizing area with new developments and infrastructure, this property benefits from low vacancy rates and rising demand for industrial and mixed-use spaces. Its central location and flexibility make it a valuable investment in a competitive, dynamic market.
Property Facts
| Price | $3,827,034 CAD | No. Stories | 1 |
| Price Per SF | $428 CAD | Year Built | 1958 |
| Sale Type | Investment or Owner User | Tenancy | Single |
| Property Type | Industrial | Parking Ratio | 1.79/1,000 SF |
| Property Subtype | Warehouse | Clear Ceiling Height | 12 ft 6 in |
| Building Class | C | No. Drive In / Grade-Level Doors | 1 |
| Lot Size | 0.24 AC | Opportunity Zone |
Yes
|
| Rentable Building Area | 8,932 SF |
| Price | $3,827,034 CAD |
| Price Per SF | $428 CAD |
| Sale Type | Investment or Owner User |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 0.24 AC |
| Rentable Building Area | 8,932 SF |
| No. Stories | 1 |
| Year Built | 1958 |
| Tenancy | Single |
| Parking Ratio | 1.79/1,000 SF |
| Clear Ceiling Height | 12 ft 6 in |
| No. Drive In / Grade-Level Doors | 1 |
| Opportunity Zone |
Yes |
Amenities
- Cooler
- Floor Drains
Utilities
- Lighting
- Water
1 of 1
Walk Score ®
Very Walkable (77)
Transit Score ®
Rider's Paradise (98)
PROPERTY TAXES
| Parcel Number | 5409-016-029 | Improvements Assessment | $140,082 CAD |
| Land Assessment | $124,098 CAD | Total Assessment | $264,180 CAD |
PROPERTY TAXES
Parcel Number
5409-016-029
Land Assessment
$124,098 CAD
Improvements Assessment
$140,082 CAD
Total Assessment
$264,180 CAD
zoning
| Zoning Code | LAM3 (Heavy Industrial) |
| LAM3 (Heavy Industrial) |
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Jesse McKenzie -
Mark Silverman -
Bradley Luster -
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Opportunity Zone Investment | 939-943 N Vignes St
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