DTLA Industrial Facility With Parking | 1607 S Grand Ave
Dual-building industrial property in Downtown Los Angeles at 1607 S Grand Avenue and 320 Venice Boulevard, offered at $5,200,000. The 20,000 SF complex sits on 0.6 acres at the prominent southwest corner of Grand and Venice, one block north of the I-10 Freeway, and includes 5,000 SF of air-conditioned office space alongside warehouse and light industrial space. The asset is designated within a Qualified Opportunity Zone, offering tax-advantaged potential for long-term investors and operational flexibility for owner-users.
The Grand Avenue building, constructed in 1976, provides 12-foot clear heights, sprinklered interiors, multiple restrooms, and grade-level loading access suitable for light industrial, warehousing, and distribution. The Venice Boulevard building, built in 1923, adds flexible workspace with a bonus mezzanine and roll-up loading, accommodating both traditional industrial and creative operations. The property features perimeter parking and dual ingress points, critical for vehicle circulation and freight access in the dense urban environment. Strong regional connectivity via the I-10 and proximity to major employment centers, civic institutions, and Downtown LA's expanding residential population enhance its appeal.
- Dual industrial buildings on 0.6-acre corner lot with exceptional visibility
- 20,000 SF total with 5,000 SF air-conditioned office space
- 12-foot clear heights, sprinklered, multiple loading access points
- Qualified Opportunity Zone designation for tax-advantaged investing
- One block from I-10 Freeway; access to Metro, public transit, freight port
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Features & amenities
Location
1607 S Grand Avenue and 320 Venice Boulevard offer a unique opportunity to acquire a dual-building industrial property in one of Downtown Los Angeles' most strategically located commercial corridors. Situated at the prominent southwest corner of Grand Avenue and Venice Boulevard, the property benefits from exceptional visibility and a high-traffic location just one block north of the I-10 Freeway, providing excellent regional connectivity throughout Greater Los Angeles. The site encompasses approximately 26,100 square feet of land and is improved with two industrial buildings totaling approximately 20,000 square feet, including 5,000 square feet of air-conditioned office space. Together, the buildings create a cohesive operational footprint while maintaining distinct functional advantages.
The Grand Avenue building, constructed in 1976, features approximately 12-foot clear heights, sprinklered interiors, multiple restrooms, and a grade-level loading door, making it suitable for a variety of light industrial, warehousing, and distribution uses. The Venice Boulevard building, originally built in 1923, offers additional workspace, a bonus mezzanine, roll-up loading access, and flexible interior configurations that can accommodate both traditional industrial and creative business operations. The property also includes perimeter parking and dual points of ingress, enhancing vehicle circulation and freight access within the dense urban environment.
Designated within a Qualified Opportunity Zone, the property presents attractive tax-advantaged potential for investors seeking long-term value creation. Its proximity to major employment centers, civic institutions, and Downtown Los Angeles' expanding residential population further enhances its strategic appeal. For owner-users, the ability to occupy and control two adjacent industrial buildings offers operational efficiency and future scalability. For investors, the asset provides multiple avenues for value enhancement through leasing strategies or potential repositioning, subject to zoning regulations. With its exceptional visibility, strong logistical advantages, and flexible configuration, this property represents a premier industrial acquisition opportunity in the heart of Downtown Los Angeles.