23529 Figueroa Street
Land | Prime 3.21 Acre South Bay Infill Development Site
Marketing description
Back On The Market With Major Price Discount! Rare investment, owner-user, or redevelopment opportunity in the City of Carson with a fully operational self storage and vehicle parking facility situated on ±3.21 acres with significant Figueroa Street visibility and frontage. The existing improvements consist of a ±39,600 square foot Storage building leased to, The Storage Company (a US Storage Centers location), providing RV, vehicle parking and a mix of indoor and outdoor self storage units.
This functional storage asset benefits from immediate access to the Harbor (110) Freeway, strong traffic counts, and close proximity to both residential and commercial nodes. Redevelopment potential exists under the City of Carson’s recently updated General Plan and Corridor Mixed Use zoning which allows 40 DU/acre with density bonus provisions. The site has been included in the City of Carson Housing Element that was adopted in November 2022.
The current use is legally non conforming and leased through July 13, 2027 along with a separate Sign Location lease (Billboard) leased through November 11, 2028 on the southwest corner of the property. Ideal for continued storage operation, owner-user, or strategic redevelopment. Seller will provide a credit for a new roof.
DO NOT DISTURB TENANT
Investment highlights
- Redevelopment or continuation of Self Storage/RV Parking use
- 40 DU/Acre Plus Density Bonus Provisions
- Site is included in the City of Carson Regional Housing Needs Assessment(RHNA)
- Harbor (110) Freeway Adjacent
- Frontage on Figueroa St.
- 100% Occupied, Legal Non-Conforming Use
- Current Storage tenant lease expires on July 13, 2027
- Seller will provide a credit for a new roof
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