About 1410 Elwood St.
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.
Features of 1410 Elwood St.
| MLS® # | SR25247004 |
|---|---|
| Price | $3,100,000 |
| Bathrooms | 0.00 |
| Acres | 0.22 |
| Year Built | 1955 |
| Type | Commercial Sale |
| Sub-Type | Industrial |
| Status | Active |
Community Information
| Address | 1410 Elwood St. |
|---|---|
| Area | C42 - Downtown L.A. |
| City | Los Angeles |
| County | Los Angeles |
| Zip Code | 90021 |
Amenities
| Utilities | Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected, Overhead Utilities |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Forced Air, Natural Gas |
|---|---|
| Cooling | Central Air |
| Has Basement | No |
| Fireplace | No |
| # of Stories | 1 |
Exterior
| Exterior | Drywall, Concrete, Block, Steel |
|---|---|
| Lot Description | ZeroToOneUnitAcre, Paved, Rectangular Lot, Street Level, Value In Land |
| Roof | Rolled/Hot Mop |
| Construction | Drywall, Concrete, Block, Steel |
Additional Information
| Date Listed | October 24th, 2025 |
|---|---|
| Days on Market | 7 |
| Zoning | [LF1-WH1-6] [I2-N] |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Todd Jones |
|---|---|
| Office | Rodeo Realty |
