1410 Elwood St. Los Angeles, CA 90021
UPDATED:
Key Details
Property Type Commercial
Sub Type Industrial
Listing Status Active
Purchase Type For Sale
MLS Listing ID SR25247004
HOA Y/N No
Year Built 1955
Lot Size 9,683 Sqft
Property Sub-Type Industrial
Property Description
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.
Location
State CA
County Los Angeles
Area C42 - Downtown L.A.
Zoning [LF1-WH1-6] [I2-N]
Interior
Heating Forced Air, Natural Gas
Cooling Central Air
Fireplace No
Laundry Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup
Exterior
Utilities Available Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected, Overhead Utilities
Roof Type Rolled/Hot Mop
Present Use Industrial
Building
Lot Description 0-1 Unit/Acre, Paved, Rectangular Lot, Street Level, Value In Land
Story 1
Water Public
Others
Tax ID 5167016031
Security Features Smoke Detector(s),Security Lights,Window Bars
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Special Listing Condition Standard
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