802 E Gage AVE, Los Angeles, CA 90001
802 E Gage AVE, Los Angeles, CA 90001
802 E Gage AVE, Los Angeles, CA 90001
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
The Warburton Team Brokered By EXp

The Warburton Team Brokered By EXp

+1(626) 630-2141
$3,650,000
Est. payment /mo
0.93 Acres Lot
Save

UPDATED:

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID 26102897

HOA Y/N No

Year Built 1924

Lot Size 0.927 Acres

Property Description

Pleased to present 802 E Gage Ave, a 20,640 SF brick industrial complex on a 40,254 SF (0.93-acre) fenced corner lot at Gage Avenue and McKinley Avenue in the Florence-Firestone industrial pocket of South Los Angeles. Zoned M3-2D-CPIO theCity's heavy-manufacturing designation and located within a federal Opportunity Zone, the Property comprises five to six interconnected single-story structures built in 1924, with 800-amp, 480-volt three phase power, three ground-level loading doors and a 7,200 SF sprinklered, air-conditioned suite with a 19-foot high-bay room.The offering is positioned for an owner-user. The Property can be delivered vacant within 60 days of close of escrow at the buyer's election, or acquired with in-place month-to-month income during lease-up. At the asking price of $3,650,000 - $177 per building SF and $91 per SF of land - the basis sits below the $104-$175 per land SF at which comparable improved properties have traded since 2025, and well below the estimated cost to replicate the land and improvements. Manufacturers, food and beverage producers and creative production users will find a rare combination here: heavy power, broad industrial zoning, a secured yard and immediate access to the Alameda Corridor, the Harbor Freeway and Downtown Los Angeles, five miles north. TheProperty is a lender-owned (REO) disposition, offered as-is with a clear path to close.

Location

State CA

County Los Angeles

Area C42 - Downtown L.A.

Zoning LAM3

Interior

Fireplace No

Exterior

Utilities Available Electricity Available

Total Parking Spaces 15

Building

Story 1

Others

Tax ID 6007015027

Security Features Fire Sprinkler System

Financing Conventional

Special Listing Condition Real Estate Owned

Read Less Info
CRMLS Full IDX Feed (MAIN Website Search)
Listed by Joseph Bolognese Saxum West #01966025

NEARBY SCHOOL & BUSINESS

MORTGAGE CALCULATOR

Use our home loan calculator to estimate your total mortgage payment, including taxes and insurance. Simply enter the price of the home, your down payment, and details about the home loan, to calculate your mortgage payment, schedule, and more.
$
$
%
%
Advanced
Payment
Schedule
Your mortgage payments over 30 years will add up to $0.
Serving Southern California

Customized quick search tools to explore nearby zip codes, cities, and neighborhoods in your favorite destinations

There are 30 quick searches
 
Serving Arizona
Custom Quick Search Tools To Explore Nearby Zip Codes, Cities & Neighborhoods In Your Preferred Destinations
More