616 Stanford Ave

For Sale$15,000,000

616 Stanford Ave, Los Angeles, CA 90021

  • Industrial

616 Stanford Ave, Los Angeles, CA 90021 - Industrial Space

616 Stanford Ave is located at 616 Stanford Ave in the Downtown Los Angeles neighborhood, CA, Los Angeles, 90021. The Industrial building was completed in 1959 and features a total of 33,248 Sqft.

There are 63 industrial spaces for lease in the Downtown Los Angeles neighborhood, totaling 818,463 Sqft of available industrial space. The industrial space availability for the 90021 zip code is 606,928 Sqft, in 39 industrial spaces. The average asking industrial rent per sq. ft. in Downtown Los Angeles is $19.25/sqft/year. For Class A industrial buildings the average industrial rate is $19.8/sqft/year, for Class B industrial buildings the average industrial rate is $33/sqft/year, for Class C industrial buildings the average industrial rate is $12.18/sqft/year.

In Downtown Los Angeles, there are 12 class A industrial buildings, there are 123 class B industrial buildings, there are 102 class C industrial buildings. In 1959, the same year 616 Stanford Ave was built, 78 more commercial properties (office, industrial, retail) over 50,000 square feet were built in Los Angeles, featuring 2,051,913 square feet of commercial space. At zip code level, there are 85 commercial properties, of which 57 are industrial buildings over 50,000 square feet.

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Details

  • Price $15,000,000
  • City Los Angeles
  • Neighborhood Downtown Los Angeles
  • Zip Code 90021
  • Property Type Industrial
  • Property Size 33,248 Sqft
  • Lot Size 0.35 Acre
  • Year Built 1959
  • Date Updated 12 Feb, 2021

Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.com.

FREQUENTLY ASKED QUESTIONS

What is the total square footage of 616 Stanford Ave?

616 Stanford Ave totals 33,248 square feet.

When was this property built?

616 Stanford Ave was built in 1959.

Downtown Los Angeles Demographics

The average household income in zip code 90021 is $57,720, from a total of 1,734 households. In terms of employment, there are 69.16 % white-collar and 30.84 % blue-collar jobs in zip code 90021.

Population

  • Total Population59,180
  • Male Population(58.0 %) 34,314
  • Female Population(42.0 %) 24,867
  • Median Age39.20

Income/Financial

  • Average Household Income$64,869
  • Median Household Income$40,641
  • Median Income Under 25$31,755
  • Median Income 25-44$73,971
  • Median Income 45-64$26,544
  • Median Income Over 65$13,466

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