2049-2053 E 38th St
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2049-2053 E 38th St — Vernon, CA
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2049-2053 E 38th St
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2049-2053 E 38th St

2049-2053 E 38th St
Vernon
CA
90058

Sale: $6.8M | Lease: $0.60/SF NNN
Deal Type
Sale or Lease
Property Type
Industrial Space
Building SF
38271
Submarket
Vernon
Inquire About This Property
Building SF
38271
Property Type
Industrial Space
Year Built
1918
Submarket
Vernon
County
Los Angeles
Tenancy
Single
Clear Height
16'-26'
Docks
0
Drive-Ins
2
Parking
12
Zoning
VEM
Land Area (Acres)
0.78

Overview

For sale and simultaneously for lease: a 38,271 SF multi-purpose industrial facility in prime West Vernon between Alameda St and Santa Fe Ave. A rare combination of heavy power, renovated office, flexible mezzanine, and Vernon utility economics in a single owner-user or investment-grade package.

The building features ±4,760 SF of fully renovated office space (2017), an ±7,500 SF mezzanine suitable for showroom, QC lab, pick-up, or executive office use, and an open warehouse floor with 16'-26' clear height. A 600 Amp electrical panel supports production-level power. The property sits on 34,064 SF (±0.78 acres) with dual street frontage on E 38th St. & Ross St., two grade-level drive-in doors, ±12 surface parking spaces, a wrought-iron fenced perimeter yard, 5 restrooms (3 office, 2 warehouse), 2 electrical meters, and 3 HVAC systems (2 roof, 1 split). Built 1918, renovated 2017, zoned VEM.

Ideally suited for light manufacturing and assembly, fashion apparel and garment production, food processing and co-packing, cosmetics and personal care OEM, e-commerce fulfillment and last-mile distribution, and creative studio/production users. Vernon municipal utilities run approx. 30% below SCE and LADWP rates. Positioned 1.0 mile from the I-10, 1.4 miles from the I-5, 2.8 miles from the DTLA Arts District, and approx. 22 miles from the Ports of LA and Long Beach.

Sale Details

Sale Price
6800000
Price / SF
Cap Rate
Percent Leased
Sale Date
Sale Type
Recorded Buyer
Recorded Seller

Lease Details

Tenant
Landlord
Lease Term
Size Leased (SF)
Floor / Suite
Asking Rent
$0.60/SF NNN
Starting Rent
Services
Triple Net
Lease Signed

Location

34.005
-118.227

Demographics

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2049-2053 E 38th St