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Previously used a cannabis facility.\nExceptional opportunity to acquire two contiguous industrial properties--1410 & 1412 Elwood Street--in the heart of Los Angeles' 90021 industrial district. Ideally positioned for owner-users or investors seeking an infill SoCal industrial asset with value-add potential.\n\nCurrently vacant and ready for your business to move in!\n\nProperty Highlights\nTwo parcels: APNs 5167-016-031 & 5167-016-032\nCombined building area: +-9,516 SF\n\nCombined lot size: +-9,685 SF (0.22 AC)\n\nBuilt circa 1955--character industrial shell in revitalizing zone\n\nZoning: \"X\" Industrial per assessor\n\nPrime location near Downtown LA, the Arts District & major transit arteries--ideal for manufacturing, distribution, logistics, or creative hybrid uses (potential cannabis use, buyer to verify)\n\nOpportunity Zone Advantage\nLocated within a Qualified Opportunity Zone (OZ) offering significant tax benefits:\n\nDeferral of capital gains via Qualified Opportunity Fund (QOF) investment\n\nStep-up in basis with long-term hold, and potential exclusion of appreciation gains after 10 years\nThis OZ designation enhances the property's appeal by combining strong fundamentals with tax-efficient investment potential. Buyer to verify eligibility.\n\nStrategic Location & Market Dynamics\n\nWithin the 90021 ZIP--one of LA's most active industrial micro-markets\n\nClose to Ports of LA/Long Beach and major freeways (I-10, I-5, 101)\n\nGrowing demand for small-lot industrial and hybrid creative uses amid tightening supply\n\nValue-Add & Upside\n\nOwner-users: control occupancy costs, build equity, and expand operations\n\nInvestors: reposition for higher-use or creative-industrial conversion; leverage OZ tax benefits\n\nHold long term or stabilize with tenant for durable cash flow and appreciation\n\nIdeal Buyer Profile\nManufacturing or distribution users seeking a central LA address, or investors targeting Opportunity Zone tax advantages and future redevelopment upside. 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and lottery ticket sales ?? -- bringing in steady foot traffic and cash flow.\nExcellent location!\nRight at the intersection of Garfield Ave & Garvey Ave, next to Ding's Plaza and Hong Kong Supermarket - one of the busiest spots in the city!\nSpacious 1,100 SQFT retail space\nPlenty of parking, affordable rent\nOwner is retiring and willing to transfer to the right buyer.\nPerfect opportunity for those interested in retail, supplements, e-commerce, shipping, or convenience store business.\n\nDon't miss this rare chance to own a business in one of the most desirable areas of Monterey Park!","price":"$120,000","unit":null,"currency":null,"company":null,"language":"en","online":1,"infoType":2,"biz":"property","postDate":"1766470575000","seoName":"133+W+Garvey+Monterey+Park+CA%2C+91754","supplement":"","author":{"type":"author","userId":"796457588365447200","name":"OKerUS_ukar3nr","avatar":"https://lh3.googleusercontent.com/a/ACg8ocIqWkgnNX8yNBX-9XpMcmKhPDbOL44Leo1m-oKOZ4Y75Q1chg=s96-c","chatIcon":"https://sgj1.ok.com/yongjia/bkimg/chatIcon.png","chatAction":"okmain://jump/im/detail?params=%7B%22cateCode%22%3A%22property%22%2C%22postId%22%3A%226482823337613112%22%2C%22postName%22%3A%22133+W+Garvey+Monterey+Park+CA%2C+91754%22%2C%22shopAvatar%22%3A%22https%3A%2F%2Flh3.googleusercontent.com%2Fa%2FACg8ocIqWkgnNX8yNBX-9XpMcmKhPDbOL44Leo1m-oKOZ4Y75Q1chg%3Ds96-c%22%2C%22shopId%22%3A%22796457588365447200%22%2C%22shopName%22%3A%22OKerUS_ukar3nr%22%7D&needLogin=true&clearTop=true","phoneIcon":"https://sgj1.ok.com/yongjia/bkimg/phone.png","phone":"","topSeller":null,"totalOnlineCnt":1800,"totalSoldCnt":null,"shopAccount":true,"companyName":null,"jobTitle":null,"activeTime":null,"kycTag":null},"originalPrice":null,"soldCnt":null,"topSeller":null,"source":2,"cardType":null,"action":"https://us.ok.com/en/city-orange1/cate-house1/133%2Bw%2Bgarvey%2Bmonterey%2Bpark%2Bca%252c%2B91754-6482823337613112/","localIds":"5","cateId":null,"tid":null,"logParams":{"tid":"4ae663ad-884a-43f2-8d77-cde295fdd63d","sid":"05af9869-cbda-476f-8958-95ad9d669a82"},"attrParams":{"propertyAttribute":[],"propertyTitle":"133 W Garvey Monterey Park CA, 91754"},"addDate":1766470573251,"categoryName":"House","postCode":null,"secondCateCode":"buy","kycTag":null,"pictureUrls":["https://uspic1.ok.com/post/image/8393dc4d-08a3-492a-acb3-32d9cc8be8a6.jpg?ow=1024&oh=767","https://uspic2.ok.com/post/image/eda6b3d2-fdeb-402c-bbdc-96bd56a95650.jpg?ow=1024&oh=767"],"isFavorite":false},{"category":"2,7,122","location":"1337 Gaviota Dr","infoId":"6482821480205012","pictureUrl":"https://uspic2.ok.com/post/image/b29591ab-c869-4714-9609-0023d025b1c6.jpg?ow=1024&oh=682","videos":[],"title":"1337 Gaviota Dr Laguna Beach CA, 92651","content":"\"Where Vision Meets the View\" | Laguna Beach Oceanfront Investment Compound\n(Ideal for 1031 Exchange | Multi-Family | Development Opportunity)\nSome assets redefine what's possible. 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