Bankruptcy Sale: Vernon Complex

2800-2850 S Santa Fe Avenue, Vernon is being offered as a bankruptcy sale*.

The subject property consists of two industrial/creative buildings, a small café and a gated parking lot on two adjacent parcels.

The property has a desirable, high-visibility corner location just 1.3 miles south of the Downtown Los Angeles Arts District.

The property is suitable for investors and owner/users alike. The property currently generates $32,914 gross monthly income from four tenants, with one vacant unit. 

2808-2850 Santa Fe Ave is a 1930-constructed, red brick warehouse with a bow truss roof and glass façade (currently under a wood/stucco cover). The building totals 24,000 square feet and has a clear height of 13′. Currently configured for two tenants, there are entrances along Santa Fe Ave and loading doors at the back of the building. The interior has been partially renovated and offers an attractive and functional space for numerous uses. There is approximately six feet between the back of the building and the alley that has been used for parking, loading and storage.

2404-2406 E 28th Street is a 4,340 square foot wood/stucco building with a raised concrete foundation. Constructed in 1961, the building has a 12′ clear height and a large basement. Currently the property is configured for two tenants. There is a small roll-up door on the northern unit.

2800 S Santa Fe Avenue is a 770 square foot wood/stucco structure with a covered front patio. The building was formerly used as a café and coffee shop. The building is currently used by one of the tenants as storage space. The café is still permitted with the city of Vernon and could be reopened. There is also a large gated parking lot and excellent signage.

2800-2850 S Santa Fe Avenue offers an investment or owner/user buyer a tremendous opportunity to acquire a prime Vernon asset with fantastic potential for many possible applications

* INTERESTED PARTIES CAN OVERBID ON 9/19/23 AT 1:00 P.M. IN BANKRUPTCY COURT AT 255 E. TEMPLE ST, COURTROOM 1545 OR POSSIBLY VIA ZOOM. THE MINIMUM OVERBID IS $7,050,000. NOT LESS THAN 48 HOURS PRIOR TO THE HEARING YOU MUST DELIVER: 1.) A CASHIER’S CHECK IN THE AMOUNT OF $275,000 PAYABLE TO “CAROLYN A. DYE ATF 2202 EAST ANDERSON AVE, LLC”; 2.) WRITTEN EVIDENCE OF FINANCIAL ABILITY TO CLOSE UNCONDITIONALLY IN A FORM ACCEPTABLE TO TRUSTEE. CALL LISTING AGENT FOR A COPY OF SALE MOTION AND DISCLOSURES.  ALL CONTINGENCIES MUST BE WAIVED AT THE TIME OF THE HEARING.

• Marketing Package for 2800-2850 S Santa Fe Ave
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