Closed Transactions
1007 S Santa Fe Ave
1007 S Santa Fe Ave
Los Angeles
CA
90021
Los Angeles Industrial Space
Deal Type
Sale or Lease
Property Type
Industrial Space
Building SF
5600
Submarket
Central Los Angeles
Building SF
5600
Property Type
Industrial Space
Year Built
1922
Submarket
Central Los Angeles
County
Los Angeles
Tenancy
Single
Clear Height
Docks
Drive-Ins
Parking
Zoning
Land Area (Acres)
Power
number of units
Overview
1007 S Santa Fe Ave is a 6,566-square-foot industrial building in the heart of the Central Los Angeles Arts District submarket. The property offers functional warehouse space with convenient access to the I-10 and I-5 freeways and strong proximity to Downtown Los Angeles. It is well suited to logistics, light manufacturing, and creative industrial users seeking infill space in one of LA's most dynamic submarkets.
Sale Details
Sale Price
2950000
Price / SF
449
Cap Rate
5.25
Percent Leased
117.3
Sale Date
June 14, 2024
Sale Type
Investment NNN
Recorded Buyer
Santa Fe Industrial Holdings LLC
Recorded Seller
1007 Arts District Partners LP
Lease Details
Tenant
Westside Logistics Co.
Landlord
Global CRE Holdings LLC
Lease Term
5 years (NNN)
Size Leased (SF)
6566
Floor / Suite
1
Asking Rent
$1.45 / SF / Month (NNN)
Starting Rent
$114,248 / year
Services
Modified Gross
Lease Signed
April 17, 2000
Location
34.0312862
-118.2303651
Demographics
Photos
No items found.
Video Tour
Team
Frank Lahijani
CEO President
213-792-7007
frankl@global-cre.com
Vee Sookiasian
Senior Sales Associate
818-922-5192
vee@global-cre.com
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1007 S Santa Fe Ave
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1007 S Santa Fe Ave
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