1410 Elwood St., Los Angeles, CA 90021

Two Joined Warehouses in Opportunity Zone!

Premium Industrial Investment in Los Angeles’ Dynamic 90021 Corridor. Previously used a cannabis facility.

Exceptional opportunity to acquire two contiguous industrial properties—1410 & 1412 Elwood Street—in the heart of Los Angeles’ 90021 industrial district. Ideally positioned for owner-users or investors seeking an infill SoCal industrial asset with value-add potential.

Currently vacant and ready for your business to move in!

Property Highlights

Two parcels: APNs 5167-016-031 & 5167-016-032

Combined building area: ±9,516 SF

Combined lot size: ±9,685 SF (0.22 AC)

Built circa 1955—character industrial shell in revitalizing zone

Zoning: “X” Industrial per assessor

Prime location near Downtown LA, the Arts District & major transit arteries—ideal for manufacturing, distribution, logistics, or creative hybrid uses (potential cannabis use, buyer to verify)

Opportunity Zone Advantage

Located within a Qualified Opportunity Zone (OZ) offering significant tax benefits:

Deferral of capital gains via Qualified Opportunity Fund (QOF) investment

Step-up in basis with long-term hold, and potential exclusion of appreciation gains after 10 years

This OZ designation enhances the property’s appeal by combining strong fundamentals with tax-efficient investment potential. Buyer to verify eligibility.

Strategic Location & Market Dynamics

Within the 90021 ZIP—one of LA’s most active industrial micro-markets

Close to Ports of LA/Long Beach and major freeways (I-10, I-5, 101)

Growing demand for small-lot industrial and hybrid creative uses amid tightening supply

Value-Add & Upside

Owner-users: control occupancy costs, build equity, and expand operations

Investors: reposition for higher-use or creative-industrial conversion; leverage OZ tax benefits

Hold long term or stabilize with tenant for durable cash flow and appreciation

Ideal Buyer Profile

Manufacturing or distribution users seeking a central LA address, or investors targeting Opportunity Zone tax advantages and future redevelopment upside. Possible cannabis use—verify with city.