36
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$12,950,000
Est. payment /mo
2.27 Acres Lot
New
6200 Avalon BLVD Los Angeles, CA 90003
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Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 26858005
HOA Y/N No
Year Built 1950
Lot Size 2.274 Acres
Property Description
We are proud to present 6200 Avalon Blvd, an 88,795 square foot multi-tenant industrial building on a 2.27-acre parcel in the Florence-Firestone corridor of South Los Angeles. Built in 1950 and zoned M2 Light Industrial, the property sits on nearly 100,000 square feet of land in one of the most supply-constrained industrial corridors in the country. At $12,950,000, the offering is priced at $146 per square foot on the building and $131 per square foot on the land. A buyer is acquiring this real estate at a meaningful discount to what it would cost to recreate it, in a location where comparable land simply does not come available at this scale. 6200 Avalon is purpose-built for the owner-user who wants to plant a flag in Central Los Angeles industrial real estate and grow into the building on their own timeline. With 21 of 25 leases operating month-to-month or already expired and holding over, an incoming owner can begin recapturing space within 30 days of close with no court proceedings and no long-term lease obligations standing in the way. The heavy three-phase electrical service running up to 2,600 amps, 16 grade-level drive-in doors, masonry construction, and fenced secured perimeter make this a fully operational platform from day one. While the owner-user phases in their occupancy, the existing tenants generate $84,520 per month in income that offsets carrying costs, debt service, and transition expenses throughout the process. For the investor, the property generates $588,706 in net operating income on current rents with a clear path to $616,592 through three near-term events requiring no new tenants: the Nava and Meneses rent steps in July 2026 and lease-up of the 5,280 SF second-floor vacancy. The Qualified Opportunity Zone designation adds a layer of tax efficiency unavailable on most comparable assets.
Location
State CA
County Los Angeles
Area C42 - Downtown L.A.
Zoning LAM2
Interior
Fireplace No
Building
Story 1
Others
Tax ID 6007010001
Special Listing Condition Standard
Listed by Oron Maher Maher Commercial Realty #01299093
NEARBY SCHOOL & BUSINESS
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