$3,100,000

1410 Elwood St., Los Angeles, CA 90021

  • 9,516 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1955
  • Property Lot Size Icon9,683sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $326/sqft
  • Property List Date Icon Listed 15 days ago

Property Description

Two Joined Warehouses in Opportunity Zone! Premium Industrial Investment in Los Angeles’ Dynamic 90021 Corridor. Previously used a cannabis facility. Exceptional opportunity to acquire two contiguous industrial properties—1410 & 1412 Elwood Street—in the heart of Los Angeles’ 90021 industrial district. Ideally positioned for owner-users or investors seeking an infill SoCal industrial asset with value-add potential. Currently vacant and ready for your business to move in! Property Highlights Two parcels: APNs 5167-016-031 & 5167-016-032 Combined building area: ±9,516 SF Combined lot size: ±9,685 SF (0.22 AC) Built circa 1955—character industrial shell in revitalizing zone Zoning: “X” Industrial per assessor Prime location near Downtown LA, the Arts District & major transit arteries—ideal for manufacturing, distribution, logistics, or creative hybrid uses (potential cannabis use, buyer to verify) Opportunity Zone Advantage Located within a Qualified Opportunity Zone (OZ) offering significant tax benefits: Deferral of capital gains via Qualified Opportunity Fund (QOF) investment Step-up in basis with long-term hold, and potential exclusion of appreciation gains after 10 years This OZ designation enhances the property’s appeal by combining strong fundamentals with tax-efficient investment potential. Buyer to verify eligibility. Strategic Location & Market Dynamics Within the 90021 ZIP—one of LA’s most active industrial micro-markets Close to Ports of LA/Long Beach and major freeways (I-10, I-5, 101) Growing demand for small-lot industrial and hybrid creative uses amid tightening supply Value-Add & Upside Owner-users: control occupancy costs, build equity, and expand operations Investors: reposition for higher-use or creative-industrial conversion; leverage OZ tax benefits Hold long term or stabilize with tenant for durable cash flow and appreciation Ideal Buyer Profile Manufacturing or distribution users seeking a central LA address, or investors targeting Opportunity Zone tax advantages and future redevelopment upside. Possible cannabis use—verify with city.

Listing Status:
Active
Date Added:
October 24, 2025 at 05:00AM
Listing Office:
Rodeo Realty : 818-761-7222
Listing Agent:
Todd Jones : 818-761-7222
MLS ID:
SR25247004
  • Laundry: Washer HookupElectric Dryer HookupGas Dryer Hookup
  • A/C: Central Air
  • Heating: Forced AirNatural Gas
  • Parking: Parking spaces: 0
  • Roofing: Rolled/Hot Mop
  • General: BlockDrywallConcreteSteel1
  • Originating MLS: CRMLS_CRM
  • County: Los Angeles
  • Zoning: [LF1-WH1-6] [I2-N]5167016031
  • Current Use: Industrial
  • Utilities: Electricity ConnectedNatural Gas ConnectedPhone AvailableSewer ConnectedWater ConnectedOverhead UtilitiesElectricity - On Property220 Volts
  • Water: Public
  • Source: CRMLS_CRM

This listing courtesy of Todd Jones, Rodeo Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

2

20th Street Elementary School

1353 E 20th St, Los Angeles, CA, 90011

Grades KG-5

0.79 miles away

C

Cds Secondary School

727 Wilson St, Los Angeles, CA, 90021

Grades 6-12

0.66 miles away

M

Metropolitan Continuation

727 Wilson St, Los Angeles, CA, 90021

Grades 9-12

0.66 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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