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 £1,908,701 (£214/SF)
INVESTMENT HIGHLIGHTS
- Heavy Industrial Facility Ideal for Owner/User or Investor
- Ground Level Loading, 12'6" Clear Height, 4 Car Parking
- Designated Opportunity Zone (Tax Benefits)
- Current Tenant Pays $20,000/Month Gross (Month-to-Month)
- Located Just North of DTLA Adjacent to Chinatown
EXECUTIVE SUMMARY
Price reduced! Seller motivated! 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). 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.
PROPERTY FACTS
| Price | £1,908,701 | Number of Floors | 1 |
| Price Per SF | £214 | 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 | Level Access Doors | 1 |
| Lot Size | 0.24 AC | Opportunity Zone |
Yes
|
| Rentable Building Area | 8,932 SF |
| Price | £1,908,701 |
| Price Per SF | £214 |
| 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 |
| Number of Floors | 1 |
| Year Built | 1958 |
| Tenancy | Single |
| Parking Ratio | 1.79/1,000 SF |
| Clear Ceiling Height | 12 ft 6 in |
| Level Access Doors | 1 |
| Opportunity Zone |
Yes |
AMENITIES
- Cooler
- Floor Drains
UTILITIES
- Lighting
- Water
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Walk Score®
Very Walkable (77)
Transit Score®
Rider's Paradise (98)
PROPERTY TAXES
| Parcel Number | 5409-016-029 | Improvements Assessment | £78,732 |
| Land Assessment | £69,748 | Total Assessment | £148,479 |
PROPERTY TAXES
Parcel Number
5409-016-029
Land Assessment
£69,748
Improvements Assessment
£78,732
Total Assessment
£148,479
ZONING
| Zoning Code | LAM3 (Heavy Industrial) |
| LAM3 (Heavy Industrial) |
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Opportunity Zone Investment | 939-943 N Vignes St
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