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.

WHY WE LOVE IT
Prime Downtown LA Industrial Location
Two Contiguous Parcels with Flexibility
Character Industrial Architecture with Upside
VIDEO TOUR
SCHEDULE A SHOWING