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Measure ULA passed in the November election and it increases the transfer tax of real estate (commercial as well, not just residential) sold for $5 million and more which is located within the City of Los Angeles.  

The new tax imposes an additional 4% transfer tax for commercial properties valued $5 to $10 million and an additional 5.5% for commercial properties valued at $10 million or more. The tax applies even if the property is sold at a loss.

This new tax takes effect April 1st, 2023. To explore your selling options before this tax takes effect, contact me now.

The Orange County Industrial Market continues to post record sale prices and lease rates due to continued strong demand.

Q3 2022 saw the economy start to slow but Industrial Real Estate remain tight.

Despite slowing sectors, record demand continues to drive sale price and lease rate growth.

±10,208 SF Industrial Warehouse Building

Dock Well Possible

High End Image Building

Easy Access to 405 Freeway

Top Industrial Park in Long Beach

Low vacancy and high demand continued to drive higher sales prices and lease rates.

Low inventory levels in the Orange County Industrial real estate market and high demand leads to continued increases in lease rates and sale prices.

Continued low vancancy rates and strong demand fueled repeated increases in sales prices and lease rates in the San Gabriel Valley Industrial Real Estate Market.  Click below for full report.

• Fenced and Paved Yard

• Auto Storage Possible

• Close to 10 and 60 Freeways

AVAILABLE: ±22,982 SF (±0.53 Acres) of Land

ASKING RATE: See Brochure

ZONING: M1

TERM: See Brochure

• Fenced yard

• Light Industrial uses

• Close to 10, 71, & 60 Freeways

The rare freestanding Industrial Warehouse property in Pasadena, CA features a double wide dock high door and excess land in back.  Click below for more information.