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
Photos
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. Compare it against other industrial listings for sale in Los Angeles, CA — view the full market.
As of Q2 2026, the Greater Los Angeles industrial market showed a 4.0% vacancy rate, and average asking rents near $14.52/SF/yr. Source: multiple brokerage reports, Q2 2026.
Tight vacancy keeps competition for quality space elevated.
Industrial market FAQ
- Is the Greater Los Angeles industrial market tightening or softening?
- Vacancy is around 4.0% (Q2 2026).
Estimated Price per SF
$144.49/SF – $1,051/SF
Mid: $437.85/SF
Estimated price for 19,180 SF: $8,397,963 (range $2,771,318 – $20,155,111)
About 8 in 10 recent recorded sales fell within a range this wide around the estimate. An automated estimate, not an appraisal.
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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