15001 S Figueroa Street
Matthew Luchs, Andrew Sinasohn, and Jacob De La Hoya of Zacuto Group, as exclusive advisors, present for sale 15001 S Figueroa Street, Gardena, CA — a ±111,266 square foot multi-tenant industrial flex asset situated on ±148,975 square feet (±3.42 acres) of LAMR1-zoned land in the South Bay / Harbor Gateway North submarket.
The property is currently 68.1% occupied (69,826 SF) across 14 of 25 units, with 33,786 SF (31.87%) vacant across 11 units. The vacancy is functional, divisible, and immediately leasable, with unit sizes ranging from ±1,000 SF to 13,090 SF, allowing for broad tenant demand and flexible lease-up execution.
In-place rents range from approximately $1.00–$1.67/SF, compared to market levels near $1.50/SF, creating a clear path to increased revenue through both lease-up and mark-to-market rent growth without requiring significant capital improvements. A total of 28,223 SF (26.62% of the building) rolls in 2026, giving a new owner near-term control over a meaningful portion of the asset. Ball Family Farms anchors the property at 40,000 SF (39.5%) through November 2028, providing consistent base income during the lease-up and repositioning phase.
Located at the intersection of S Figueroa Street and W Compton Boulevard, the site offers immediate access to the I-110 Freeway — one of the primary freight corridors connecting the Ports of Los Angeles and Long Beach to the greater LA basin. The property sits approximately 14 miles from the Ports and 8 miles from LAX, positioning it within a core infill, port-adjacent industrial market with sustained tenant demand and limited new supply.
- ±111,266 SF multi-tenant industrial flex on ±3.42 acres of LAMR1-zoned land
- Functional small-bay configuration: 25 units ranging from ±1,000 SF to 13,090 SF
- Twelve loading bays (eleven dock-high, one ground) and three-phase power (240V / 420V)
- Anchor tenant Ball Family Farms (40,000 SF) provides base income through November 2028
- Immediate value-add: lease up 33,786 SF of vacancy and mark in-place rents to market
- 26.62% of the building rolls in 2026, allowing rent resets and tenant mix improvement
- Port-adjacent: 14 miles from the Ports of LA / Long Beach, 8 miles from LAX
- Direct I-110 Freeway access at S Figueroa Street and W Compton Boulevard
- Secured gated access and 38 surface parking spaces
- Core infill South Bay submarket with sustained tenant demand and limited new supply
