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1361 Newton St 5,000 SF 100% Leased Industrial Building Los Angeles, CA 90021 $1,850,000 ($370/SF)
EXECUTIVE SUMMARY
1361 Newton Street is a freestanding industrial asset encompassing approximately 5,000 square feet of warehouse or creative office space on 0.11 acres of land, bisecting the block between Hooper and S. Central Avenues. Rebuilt in 2016, the property consists of one single-story warehouse structure with 4 private offices and drive-in bay access for potential interior parking.
Situated in Downtown Los Angeles just off the Central Avenue commercial corridor, 1361 Newton St sits between the Arts District to the north, and the Fashion District to the west, with 10 Freeway access directly to the south and east. This area is home to a diverse and growing population, with a variety of industrial and retail properties, as well as some new residential developments in the surrounding area. Local amenities include Smorgasburg Los Angeles and ROW DTLA shopping mall, both within walking distance of the property.
Given its central location, excellent condition, and flexible use potential; 1361 Newton Street offers a unique opportunity for owner-users and investors alike.
Situated in Downtown Los Angeles just off the Central Avenue commercial corridor, 1361 Newton St sits between the Arts District to the north, and the Fashion District to the west, with 10 Freeway access directly to the south and east. This area is home to a diverse and growing population, with a variety of industrial and retail properties, as well as some new residential developments in the surrounding area. Local amenities include Smorgasburg Los Angeles and ROW DTLA shopping mall, both within walking distance of the property.
Given its central location, excellent condition, and flexible use potential; 1361 Newton Street offers a unique opportunity for owner-users and investors alike.
PROPERTY FACTS
| Price | $1,850,000 | Lot Size | 0.11 AC |
| Price Per SF | $370 | Rentable Building Area | 5,000 SF |
| Sale Type | Investment or Owner User | No. Stories | 1 |
| Property Type | Industrial | Year Built | 1924 |
| Property Subtype | Warehouse | No. Drive In / Grade-Level Doors | 1 |
| Building Class | C | Opportunity Zone |
Yes
|
| Zoning | M2 - Industrial | ||
| Price | $1,850,000 |
| Price Per SF | $370 |
| Sale Type | Investment or Owner User |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 0.11 AC |
| Rentable Building Area | 5,000 SF |
| No. Stories | 1 |
| Year Built | 1924 |
| No. Drive In / Grade-Level Doors | 1 |
| Opportunity Zone |
Yes |
| Zoning | M2 - Industrial |
AMENITIES
- Skylights
- Air Conditioning
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- Water Plus Water
- Retailer
- -
- $27.00
- Triple Net
- Sep 2021
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| Water Plus Water | Retailer | - | $27.00 | Triple Net | Sep 2021 |
1 1
Bike Score®
Very Bikeable (74)
PROPERTY TAXES
| Parcel Number | 5130-010-024 | Improvements Assessment | $88,968 |
| Land Assessment | $90,926 | Total Assessment | $179,894 |
PROPERTY TAXES
Parcel Number
5130-010-024
Land Assessment
$90,926
Improvements Assessment
$88,968
Total Assessment
$179,894
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1361 Newton St
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