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SOUTHERN CALIFORNIA NEWS
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L.A. Outdoor Storage Property Sells for $2.68 Mil

2/01/24

Cypress Equity Investments paid $2.68 mil for a 1.41-acre industrial outdoor storage (IOS) property in Los Angeles. The property, located at 943 N. Marianna Ave, was acquired for the future development of a 90k sf self-storage facility.

The property is just east of downtown Los Angeles and provides immediate access to the 10, 710, and 60 freeways. It was previously used an outdoor industrial storage facility with 22 parking spaces and a 1k sf building.

Patrick Barnes and Paul Clark with Avison Young represented the seller, a family trust. The buyer repped itself in the deal.





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