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.
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.
Property Details
Price:
$3,100,000
MLS #:
SR25247004
Status:
Active
Beds:
0
Baths:
0
Address:
Elwood St.
Type:
Commercial
Subtype:
Industrial
Neighborhood:
c42
City:
Los Angeles
Listed Date:
Oct 24, 2025
State:
CA
Total Sq Ft:
9,516
ZIP:
90021
Lot Size:
9,685 sqft / 0.22 acres (approx)
Year Built:
1955
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Courtesy of Rodeo Realty. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than BUSINESS MA include the name of the listing broker. Neither the listing company nor BUSINESS MA shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2025. California Regional Multiple Listing Service. All rights reserved. Elwood St.
Los Angeles, CA
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