Industrial Warehouse Los Angeles, CA

  • Price: $1,450,000
  • Cost per SF: $556.84
  • Year Built: 1949
  • Square Footage: ยฑ2,604
  • Lot Size: ยฑ5,317 SF
  • Number of Tenants: 1
  • Parking: Gated: 8 Spaces
  • Transaction Type: Sold
  • Property Type: Industrial
  • Zoning: LAC2
  • APN/Parcel ID: 5542-026-040

๐—๐˜‚๐˜€๐˜ ๐—–๐—น๐—ผ๐˜€๐—ฒ๐—ฑ: ๐—œ๐—ป๐—ฑ๐˜‚๐˜€๐˜๐—ฟ๐—ถ๐—ฎ๐—น ๐—ช๐—ฎ๐—ฟ๐—ฒ๐—ต๐—ผ๐˜‚๐˜€๐—ฒ | ๐—Ÿ๐—ผ๐˜€ ๐—”๐—ป๐—ด๐—ฒ๐—น๐—ฒ๐˜€, ๐—–๐—” ๐Ÿต๐Ÿฌ๐Ÿฌ๐Ÿฎ๐Ÿต
๐—œ๐—ป๐˜ƒ๐—ฒ๐˜€๐˜ ๐—ถ๐—ป ๐—ฅ๐—ฒ๐˜€๐˜‚๐—น๐˜๐˜€

๐—•๐—ฟ๐—ผ๐—ธ๐—ฒ๐—ฟ๐—ฎ๐—ด๐—ฒ: Equity Union Real Estate

๐—ง๐—ฒ๐—ฎ๐—บ: Lucrum Real Estate Group

๐—”๐—ด๐—ฒ๐—ป๐˜๐˜€: Raymond A. Rodriguez | Matt Freedman

๐—–๐—น๐—ถ๐—ฒ๐—ป๐˜: Seller (Private Investor)

๐—ฆ๐—ฒ๐—น๐—น๐—ถ๐—ป๐—ด ๐—–๐—ผ๐—บ๐—บ๐—ฒ๐—ฟ๐—ฐ๐—ถ๐—ฎ๐—น ๐—ฅ๐—ฒ๐—ฎ๐—น ๐—˜๐˜€๐˜๐—ฎ๐˜๐—ฒ ๐—œ๐˜€ ๐—”๐—ฏ๐—ผ๐˜‚๐˜ ๐˜๐—ต๐—ฒ ๐™๐™ž๐™œ๐™๐™ฉ ๐—•๐˜‚๐˜†๐—ฒ๐—ฟ, ๐—ก๐—ผ๐˜ ๐—๐˜‚๐˜€๐˜ ๐—”๐—ป๐˜† ๐—•๐˜‚๐˜†๐—ฒ๐—ฟ

For the Seller ofย ๐Ÿฐ๐Ÿฑ๐Ÿฏ๐Ÿญ ๐—ฆ๐—ฎ๐—ป๐˜๐—ฎ ๐— ๐—ผ๐—ป๐—ถ๐—ฐ๐—ฎ ๐—•๐—น๐˜ƒ๐—ฑ., that meant finding anย owner-userย who not only valued the space and location but could also leverageย ๐—ฆ๐—•๐—” ๐—ณ๐—ถ๐—ป๐—ฎ๐—ป๐—ฐ๐—ถ๐—ป๐—ด to make the deal work.

Our marketing strategy zeroed in on that exact profileโ€”maximizing value and ensuring a confident, smooth closing. Representing the Seller, a private investor,ย ๐—ฅ๐—ฎ๐˜† ๐—ฅ๐—ผ๐—ฑ๐—ฟ๐—ถ๐—ด๐˜‚๐—ฒ๐˜‡ andย ๐— ๐—ฎ๐˜๐˜ ๐—™๐—ฟ๐—ฒ๐—ฒ๐—ฑ๐—บ๐—ฎ๐—ป guided the process from strategic positioning to final negotiationsโ€”securing a premium sale for this corrugated warehouse in one of East Hollywoodโ€™s most in-demand submarkets.

๐—ง๐—ต๐—ถ๐˜€ ๐—ฑ๐—ฒ๐—ฎ๐—น ๐—ถ๐˜€ ๐—ฝ๐—ฟ๐—ผ๐—ผ๐—ณ: With the right strategy, well-located assets can outperform expectationsโ€”no matter the market.

๐—ฆ๐—ฎ๐—น๐—ฒ ๐—›๐—ถ๐—ด๐—ต๐—น๐—ถ๐—ด๐—ต๐˜๐˜€:

  • Sold to an ideal owner-user investor
  • Achieved a premium cost per SF of $556.84
  • Lightly renovated and vacant warehouse
  • Gated and secured parking lot
  • Minutes to Silver Lake, Los Feliz, Larchmont & K-Town

Challenge

The seller, a private investor, owned a vacant corrugated warehouse in East Hollywood โ€” a market with strong demand but also a highly specific buyer pool. The propertyโ€™s highest value would come from finding an owner-user investor who could move in immediately, operate their business, and leverage SBA financing to make the acquisition work. The challenge was to position the property so that it would attract this exact profile, avoid extended vacancy, and secure a premium price per square foot in a competitive environment.

Solution

Lucrum Real Estate Group crafted a targeted marketing plan focused on reaching qualified owner-user buyers. By highlighting the propertyโ€™s strategic location, gated parking, and turnkey potential, we showcased how it could serve as an immediate operational base for the right business. We leveraged SBA financing eligibility as a key selling point, making the property more accessible to motivated buyers. Ray Rodriguez and Matt Freedman managed every stage โ€” from positioning and outreach to negotiations โ€” ensuring the deal progressed smoothly toward the sellerโ€™s objectives.

Result

We successfully attracted and closed with the exact type of buyer we targeted: an owner-user investor who valued the location, recognized the propertyโ€™s operational advantages, and was ready to take possession immediately. The transaction closed at $1,450,000 โ€” achieving a premium $556.84 per square foot โ€” and demonstrated that with a focused strategy, well-located assets can outperform expectations, regardless of broader market conditions.

๐—˜๐—ณ๐—ณ๐—ถ๐—ฐ๐—ถ๐—ฒ๐—ป๐˜ & ๐——๐—ฒ๐—ฝ๐—ฒ๐—ป๐—ฑ๐—ฎ๐—ฏ๐—น๐—ฒ ๐—ฆ๐—ผ๐—น๐˜‚๐˜๐—ถ๐—ผ๐—ป

Selling quickly doesnโ€™t have to mean sacrificing value. With us, you can expect a market-value offer, favorable terms, and a smooth closing process.

๐—ฃ๐—ฒ๐—ฎ๐—ฐ๐—ฒ ๐—ผ๐—ณ ๐— ๐—ถ๐—ป๐—ฑ & ๐—ฅ๐—ฒ๐˜€๐˜‚๐—น๐˜๐˜€

We specialize in efficient, market-value sales that protect your bottom line. Letโ€™s get your property soldโ€”quickly and profitably.

Call us now to get started.
๐—น๐˜‚๐—ฐ๐—ฟ๐˜‚๐—บ๐—ฟ๐—ฒ.๐—ฐ๐—ผ๐—บ.

 

Sales Team

Raymond A. Rodriguez IV

Founding PartnerMultifamily Investment Sales
866.582.7865 ray@lucrumre.com CA License: 01402283 Download Bio

Matt Freedman

PartnerCommercial Real Estate Sales
310.275.3800 matt@lucrumre.com CA License: 01487954 Download Bio

Sales Team

Raymond A. Rodriguez IV

Founding PartnerMultifamily Investment Sales
866.582.7865 ray@lucrumre.com CA License: 01402283 Download Bio

Matt Freedman

PartnerCommercial Real Estate Sales
310.275.3800 matt@lucrumre.com CA License: 01487954 Download Bio
  • Price: $1,450,000
  • Cost per SF: $556.84
  • Year Built: 1949
  • Square Footage: ยฑ2,604
  • Lot Size: ยฑ5,317 SF
  • Number of Tenants: 1
  • Parking: Gated: 8 Spaces
  • Transaction Type: Sold
  • Property Type: Industrial
  • Zoning: LAC2
  • APN/Parcel ID: 5542-026-040

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