|Price/Rent PSF||$ 33,000,000.00|
|SQ. FT. Available||76,715|
Property is located in Hungtington Park.
The Subject Property is an 11.27± acre industrial land property situated in unincorporated Los Angeles, and Huntington Park. The asset includes nine parcels totaling approximately 490,991 square feet (according to public records). There is a metal building measuring approximately 76,715± square feet and the majority of the lot is paved with concrete. The property is centrally located near the border of South Gate and Los Angeles with easy access to the 110 and 710 freeways. The lot stretches from corner of Santa Fe Avenue and Short Street to Alameda Street and offers nearly 600-feet of frontage on Santa Fe Avenue.
While the development jurisdiction resides with the Los Angeles County Department of Regional Planning department, the property dually benefits from a Huntington Park mailing address. The area is zoned M2 and the neighborhood is within the Florence-Firestone Community Plan.
The property has been used as a metal recycling and dismantling yard for several decades, but can be delivered vacant by the close of escrow. The vast size and span of this real estate makes it a prime candidate for a large scale development project; a project which has the potential to draw in the entire community and garner local and regional political support.