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$ 12,950,000
Est. payment /mo
Active
6200 Avalon Blvd Los Angeles, CA 90003
88,795 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Industrial
Listing Status Active
Purchase Type For Sale
Square Footage 88,795 sqft
Price per Sqft $145
MLS Listing ID 26858005
Year Built 1950
Lot Size 2.274 Acres
Acres 2.275
Property Sub-Type Industrial
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 Downtown L.A.
Zoning LAM2
Building
Story 1
Others
Special Listing Condition Standard
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The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.
Listed by Maher Commercial Realty
NEARBY SCHOOL & BUSINESS
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