Multipurpose Industrial For Variety Of Users | 5701-5709 S San Pedro St
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Multipurpose Industrial For Variety Of Users 5701-5709 S San Pedro St
9,746 SF Vacant Industrial Building Online Auction Sale Los Angeles, CA 90011
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Investment Highlights
- 5701-5709 S San Pedro Street comprises two parcels with a 9,746-SF multi-purpose industrial building ready for various users.
- This opportunity caters to a variety of light industrial/ flex users in the surrounding South LA Submarket.
- Approximately 24 miles north of the Port of Long Beach and Los Angeles, North America's two largest busiest container ports.
- Property’s location offers direct access to the 110 Freeway within the South Park neighborhood south of Downtown Los Angeles.
- Industrial asset was completely renovated two years ago, offering 20' clear height, an upgraded power supply, and one drive-in.
Executive Summary
Dorin Realty Company is pleased to exclusively present an industrial user’s premier opportunity at 5701-5709 S San Pedro Street in Los Angeles, California. The subject is a 9,746-square-foot manufacturing/ light industrial facility in the South Park neighborhood on 0.24 acres south of Downtown Los Angeles. The wood frame and stucco building was constructed in 1968 and underwent a full $700,000 renovation within the last two years. Now, it offers a 20-foot clear height, a drive-in measuring 10 feet by 12 feet, an updated heavy power supply of 400-amp/240-volt 3-phase 4-wire, energy-efficient lighting, a gas meter, and floor drains.
The subject asset is located two blocks north of Slauson Avenue, just east of the 110 Freeway and south of the Downtown Los Angeles hustle and bustle in the South Park community. Additional access to the 105, 710, and 10 Freeways makes local commuting a breeze. The Los Angeles International Airport and Long Beach Daughtery Field Airport are less than 20 miles away, and the Ports of Long Beach and Los Angeles are about 24 miles south of the site. The Port of Long Beach offers 22 shipping terminals, and The Port of Los Angeles offers 25. The subject site is near Huntington Park, a neighboring industrial suburb in the southern Los Angeles outskirts, emphasizing user synergy throughout.
According to CoStar analytics, the South LA industrial submarket contains 23.1 million square feet of inventory, approximately 13.8 million square feet of logistics inventory, 760,000 square feet of flex inventory, and 8.5 million square feet of specialized inventory. The realm continues to benefit industrial tenants regarding accessibility, space, and synergy. Of the encompassing 3 miles surpassing 5701-5709 S San Pedro Street, more than 94,600 daytime employees report to service-producing industries, and nearly 18,200 are in goods-producing sectors. Of these, trade transportation and utilities, education and health services, and manufacturing see the largest headcounts.
Property tours are available by appointment only. Please get in touch with the listing broker to schedule.
For financing related inquiries, please contact Kristin Dennis at 323-445-9338 or email them at kristin.dennis@bannerbank.com.
The subject asset is located two blocks north of Slauson Avenue, just east of the 110 Freeway and south of the Downtown Los Angeles hustle and bustle in the South Park community. Additional access to the 105, 710, and 10 Freeways makes local commuting a breeze. The Los Angeles International Airport and Long Beach Daughtery Field Airport are less than 20 miles away, and the Ports of Long Beach and Los Angeles are about 24 miles south of the site. The Port of Long Beach offers 22 shipping terminals, and The Port of Los Angeles offers 25. The subject site is near Huntington Park, a neighboring industrial suburb in the southern Los Angeles outskirts, emphasizing user synergy throughout.
According to CoStar analytics, the South LA industrial submarket contains 23.1 million square feet of inventory, approximately 13.8 million square feet of logistics inventory, 760,000 square feet of flex inventory, and 8.5 million square feet of specialized inventory. The realm continues to benefit industrial tenants regarding accessibility, space, and synergy. Of the encompassing 3 miles surpassing 5701-5709 S San Pedro Street, more than 94,600 daytime employees report to service-producing industries, and nearly 18,200 are in goods-producing sectors. Of these, trade transportation and utilities, education and health services, and manufacturing see the largest headcounts.
Property tours are available by appointment only. Please get in touch with the listing broker to schedule.
For financing related inquiries, please contact Kristin Dennis at 323-445-9338 or email them at kristin.dennis@bannerbank.com.
Data Room Click Here to Access
- Offering Memorandum
- Operating and Financials
- Purchase Agreement
- Third Party Reports
- Title and Insurance
- Financing
Property Facts
Amenities
- Skylights
Utilities
- Lighting
- Gas
- Water
- Sewer
- Heating
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
| Space | Size | Space Use | Condition | Available |
| 1st Floor | 9,746 SF | Industrial | Full Build-Out | Now |
1st Floor
| Size |
| 9,746 SF |
| Space Use |
| Industrial |
| Condition |
| Full Build-Out |
| Available |
| Now |
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VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1st Floor
| Size | 9,746 SF |
| Space Use | Industrial |
| Condition | Full Build-Out |
| Available | Now |
Walk Score ®
Very Walkable (73)
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $870,190 | |
| Land Assessment | $721,620 | Total Assessment | $1,591,810 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$721,620
Improvements Assessment
$870,190
Total Assessment
$1,591,810
zoning
| Zoning Code | M1 (Light Industrial) |
| M1 (Light Industrial) |
About the Auction Platform
Ten-X Commercial is the leading end-to-end digital transaction platform for commercial real estate. With over $26bn sold, Ten-X’s platform empowers brokers, sellers and buyers with data-driven technology and comprehensive marketing tools to expand market visibility and decrease time to close. Ten-X consistently yields trade rates at two times the industry average. Ten-X expedites the entire CRE transaction timeline by enabling brokers and sellers to tap into a digital platform that makes it easy to onboard properties, evaluate the success of complimentary omnichannel marketing campaigns and follow up on the strongest pre-qualified leads. Buyers are precision-matched with properties aligned with their investment goals, with unprecedented access to market analysis and due diligence documents to help them securely acquire properties online, with confidence.
Read More
Auction Contact
Derek Rudd
Contact
Auctioneer License:
Ten-X Jessica Figueroa RE Brkr 01937601. Ten-X Auction Surety Bond 106465786
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Transaction Fee Schedule
Based on Percentage of Winning Bid Amount.
Winning Bid Amount
Transaction Fee
$0m to < $1m
5.00% ($20,000 min)
$1m to < $3m
3.00%
$3m to < $5m
2.50%
$5m to < $10m
2.25%
$10m to < $15m
2.00%
$15m to < $25m
1.75%
$25m to < $35m
1.50%
$35M to < $45M
1.00%
$45M to < $55M
0.75%
$55M and Up
0.50%
Example Calculation
Winning Bid Amount
$4,000,000
Transaction Fee
$100,000 (2.5%)
Total Purchase Price
$4,100,000
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