802 E Gage Ave, Los Angeles, CA 90001
802 E Gage Ave, Los Angeles, CA 90001
802 E Gage Ave, Los Angeles, CA 90001
802 E Gage Ave, Los Angeles, CA 90001
802 E Gage Ave, Los Angeles, CA 90001
802 E Gage Ave, Los Angeles, CA 90001
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$ 3,650,000
Est. payment | /mo

20,640 SqFt


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$ 3,650,000
Est. payment | /mo
Save

20,640 SqFt

Key Details

Property Type Commercial

Sub Type Industrial

Listing Status Active

Purchase Type For Sale

Square Footage 20,640 sqft

Price per Sqft $176

MLS Listing ID 26102897

Year Built 1924

Lot Size 0.927 Acres

Acres 0.9267

Property Sub-Type Industrial

Property Description

Pleased to present 802 E Gage Ave, a 20,640 SF brick industrial complex on a 40,254 SF (0.93-acre) fenced corner lot at Gage Avenue and McKinley Avenue in the Florence-Firestone industrial pocket of South Los Angeles. Zoned M3-2D-CPIO theCity's heavy-manufacturing designation and located within a federal Opportunity Zone, the Property comprises five to six interconnected single-story structures built in 1924, with 800-amp, 480-volt three phase power, three ground-level loading doors and a 7,200 SF sprinklered, air-conditioned suite with a 19-foot high-bay room.The offering is positioned for an owner-user. The Property can be delivered vacant within 60 days of close of escrow at the buyer's election, or acquired with in-place month-to-month income during lease-up. At the asking price of $3,650,000 - $177 per building SF and $91 per SF of land - the basis sits below the $104-$175 per land SF at which comparable improved properties have traded since 2025, and well below the estimated cost to replicate the land and improvements. Manufacturers, food and beverage producers and creative production users will find a rare combination here: heavy power, broad industrial zoning, a secured yard and immediate access to the Alameda Corridor, the Harbor Freeway and Downtown Los Angeles, five miles north. TheProperty is a lender-owned (REO) disposition, offered as-is with a clear path to close.

Location

State CA

County Los Angeles

Area Downtown L.A.

Zoning LAM3

Exterior

Garage Spaces 15.0

Building

Story 1

Others

Special Listing Condition Real Estate Owned

TheMLS (CLAW)
Listed by Saxum West

Nearby Locations

Travis Breton

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(760) 470-2752

travisbreton@gmail.com

1902 Wright Place #200, Carlsbad, CA 92008, USA

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802 E Gage Ave

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