LOS ANGELES, CA

1370 ESPERANZA STREET

LOS ANGELES, CA 90023

Christian Desnoes

License: 02130374

Danny Murray

License: 02229883

Property Type:

Multi-Tenant


Rent Per SF:

$0.95 MG


Building Square Feet:

45,495 SF


Lot Size:

1.50 Acres


Year Built/Renovated:

1941/1955/1972

1370 Esperanza Street, Los Angeles, CA 90023

Address:



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  • 45,495 Square-Feet Including Three Separate Units

  • Features an Additional 17,238 Square Feet of Basement Space for Expanded Functionality

  • Metal Construction Featuring 16’-20’ Clearance Height, Four (4) Dock High Loading Doors and a Fully Paved and Gated Lot

  • Zoned M2 with Approximately 0.43 Acres of Usable Lot, Allowing for a Wide Range of Commercial and Industrial Uses to Suit Various Business Needs

About the Property

  • Great Industrial Pocket of Los Angeles within the Vernon Submarket that Features Over 84.7 Million Square Feet of Industrial Space

  • Strategically Located Approximately Three Miles from Downtown Los Angeles, 18 Miles from the Ports of Los Angeles and Long Beach, and 15 Miles from Los Angeles International Airport

  • Easy Access to 5, 10, 101 & 60 Freeways

  • Located One Block South of Olympic Blvd

About the Location

Investment Overview

Marcus & Millichap is pleased to present the leasing opportunity at 1370 Esperanza St in Los Angeles, California. This property spans approximately 45,495 square feet, comprising three units with a bonus 17,238 square feet of basement space. The facility features a 16’-20’ foot clearance height, four dock-high loading positions, and a fully paved and gated yard, offering flexibility for various industrial needs.

As of Q1 2025, the Vernon submarket remains one of Los Angeles’ most significant industrial hubs, with 84.7 million square feet of industrial space. While the vacancy rate has adjusted to 8.8% following shifts in market demand, the submarket continues to attract a diverse range of industrial users. Tenants have increased options across various size ranges, allowing businesses to secure space that meets their operational needs. While market rents have undergone adjustments, long-term demand drivers remain strong, and industrial properties in key locations continue to present strategic leasing opportunities.

This information has been secured from sources we believe to be reliable, but we make no representations or warranties, express or implied, as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies. Marcus & Millichap is a service mark of Marcus & Millichap Real Estate Investment Services, Inc. © 2022 Marcus & Millichap. All rights reserved.