INDUSTRIAL WAREHOUSE PROPERTY WITH FLEXIBLE ZONING OPPORTUNITY
115 S NEVADA STREET
EL SEGUNDO, CA 90245

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OFFERING METRICS WITHOUT ADU CONVERSION

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LISTING PRICE

$1,300,000

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CAP RATE 

?

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       GRM

?

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PRICE PER SF 

$430.46

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LOT SIZE

±13,282 SF

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BUILDING SIZE

±3,020 SF

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ZONING

ESM1*

PROPERTY OVERVIEW

Located on Nevada Street in El Segundo, this property includes a ±3020 SF warehouse facility that sits atop a ±13,282 SF lot. This property is comprised of three parcels: 4139-004-046, 047 and 048 with storage structures built and expanded on from the years 1951-1967. The sale of this property is a bankruptcy sale subject-to-overbid and court confirmation.

 

This property features floor-to-ceiling sliding doors that allow for easy access for forklifts, trucks or machinery. Currently this asset is zones as ESM1* with clearance for industrial usage. Permitted usage for zoning include the following: Animal Hospitals, Daycare Centers, Dog Daycare, Emergency Shelters, Fitness Centers, Restaurants and Cafes, General Offices, General Storage (Warehouse + Ministorage), High and Medium Bay Labs, Light Manufacturing uses + related offices, Public Facilities + Public Utilities, Research and Development. 

 

The property is located close to El Segundo Blvd and located in the heart of El Segundo surrounded by local and chain restaurants on both sides down Grand St and N Pacific Coast Hwy. Located just a 5-minute drive from El Segundo Beach and within close proximity to Los Angeles International Airport providing easy access for tourists and residents, as well as commuters who work in the areas most popular businesses such as the aerospace industry, Chevron Product Refinery, and major breweries. These usage guidelines and prime location will provide many options for development and growth for buyers to capitalize on.

 

OPPORTUNITY HIGHLIGHTS

  • Property is industrial zoned with a ±3,020 SF warehouse on a ±13,282 SF lot 

  • Property includes three parcels: 4139-004-046, 4139-004-047 and 4139-004-048

  • Located near El Segundo Blvd surrounded by local and chain restaurants on both sides down Grand St and N Pacific Coast Hwy 

  • Parcels are zoned as ESM1* with a wide range of  flexible permitted usage guidelines in a prime location in El Segundo

  • Property is located just a short 5-minute drive from El Segundo Beach and within close proximity to the Los Angeles International Airport  

  • Maybe something about potential financing(?)​​

  • Location provides easy access for resident, tourists and occupational commuters who work in the areas most popular business sectors: aerospace, brewing and the Chevron Product Refinery

  • Sale of this property is a bankruptcy sale subject-to- overbid and court confirmation

 

LOCATION MAP

 

CONTACTS

CASEY PICARD
Managing Partner

626.716.4451

Casey.Picard@AggregateIP.com

Cal DRE #01921866