Description

This sale offers the opportunity to purchase a contractor’s yard with existing structures in a desirable location near the 110 and 91 freeways. The site has a warehouse, an office and a residence, and is zoned for numerous industrial uses including trucking and container storage.

The subject property, located at 17115 South Figueroa Street, is situated on a single parcel for a total of 17,808 square feet of land. The site has been improved with numerous structures including a warehouse, an office, a residence and two garages. The warehouse is 4,100 square feet and is of metal construction. It has an open layout with no supporting posts in the warehouse area and has a clear height of 20.5’ in the center and 14’ at the sides. The office is approximately 1,910 square feet and is of wood construction. The office features two restrooms and a kitchenette. The residence is 1,724 square feet and is of wood construction. The floor plan features 4 bedrooms and 3 bathrooms, and is currently used as a 3 bed, 2 bath house and a 1 bed, 1 bath guest quarters. Additionally, there are two garages with a combined square footage of approximately 1,000 square feet. The residence had a new 40-year clay tile roof installed in 2015. Utilities to the site include water, and electricity. Electrical service is by way of three panels: 400A, 240V, 3Ph; 200A, 240V, 1Ph; 100A, 240V 1Ph.

Situated on 172nd St, west of Figueroa St, the subject property is located in a desirable location proximate to the 110/91 freeway junction and is 12 miles from the Ports of Los Angeles and Long Beach. The site is in the Gardena area and falls under the jurisdiction of the City of Los Angeles which offers certain advantages for industrial users, including greater flexibility of uses. Zoning on the site is LAM2, which is a heavy industrial zoning designation which permits for numerous industrial uses including trucking and container storage, contractor’s yard, manufacturing and many more. Additionally, for those interested in living onsite, the property offers a unique situation permitting legal residency in the industrial zone.

17115 South Figueroa Street offers the opportunity to purchase a contractor’s yard in a desirable port-adjacent location with flexible zoning laws. The property has attributes that provide for functionality and attractive long-term value and is suitable for owner/users and investors alike.