548 E 31st St & 3021 S San Pedro St — Sale in Los Angeles, CA
- Price: $5.2M
- Listing type: For sale
- Asset type: Industrial Property
- Location: Los Angeles, CA 90011
- Size: 19,180 SF
Investment Figures
- Price per square foot
- $270
Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.
Description
Positioned in the heart of Central Los Angeles, this 19,180 SF industrial facility offers a rare opportunity for businesses seeking a well-located, functional space. Situated on a 0.61-acre lot and zoned LAMR1, the property supports a range of light industrial uses including manufacturing, warehousing, and distribution. Originally built in 1943, the building retains its industrial character while offering adaptability for modern operations. Its strategic location provides excellent access to major freeways and transit routes, making it ideal for companies prioritizing connectivity and urban accessibility. This property is a prime investment for industrial and manufacturing ventures seeking a strategic foothold in the heart of Los Angeles.
Market Context
This industrial in Los Angeles, CA is listed for sale at $5,178,600 across 19,180 SF. It has been on the market for 53 days. Compare it against other industrial listings for sale in Los Angeles, CA — view the full market.
As of Q1 2026, the Greater Los Angeles industrial market showed a 7.5% vacancy rate. Source: multiple brokerage reports, Q1 2026.
Industrial market FAQ
- Is the Greater Los Angeles industrial market tightening or softening?
- Vacancy is around 7.5% (Q1 2026).
Estimated Market Rate
$372.17/SF – $503.53/SF
Mid: $437.85/SF
Estimated total for 19,180 SF: $8,397,963 per year
Rate estimator only; cost-of-business estimate unavailable.
Contact
- Brent Koo · 1213503-0606 · brent.koo@nmrk.com
- Brent Koo · 1213503-0606 · brent.koo@nmrk.com
- Lex Yoo · 1213537-9691 · lex.yoo@nmrk.com
Explore this market
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