| Schedule III – Real Estate and Accumulated Depreciation |
REXFORD INDUSTRIAL REALTY, INC. SCHEDULE III – REAL ESTATE AND ACCUMULATED DEPRECIATION As of December 31, 2025 (Dollars in thousands) | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Initial Cost | | Costs Capitalized Subsequent to Acquisition(1) | | Gross Amounts at Which Carried at Close of Period | | | | | | | | Property Address | | Location | | Encumbrances | | Land | | Building and Improvements | | Building and Improvements | | Land | | Building & Improvements | | Total | | Accumulated Depreciation (2) | | Year Build / Year Renovated | | Year Acquired | | 15241 - 15277, 15317 - 15339 Don Julian Rd. | | City of Industry, CA | | $ | — | | (3) | $ | 3,875 | | | $ | 2,407 | | | $ | 11,502 | | | $ | 3,875 | | | $ | 13,909 | | | $ | 17,784 | | | $ | (10,033) | | | 1965, 2005 / 2003 | | 2002 | | 300 South Lewis Road | | Camarillo, CA | | — | | (3) | 4,150 | | | 3,050 | | | 11,310 | | | 4,150 | | | 14,360 | | | 18,510 | | | (10,499) | | | 1960-1963 / 2006 | | 2003 | | 1400 South Shamrock Ave. | | Monrovia, CA | | — | | | 2,317 | | | 2,534 | | | 1,581 | | | 2,317 | | | 4,115 | | | 6,432 | | | (3,179) | | | 1957, 1962 / 2004 | | 2003 | | 2220-2260 Camino del Sol | | Oxnard, CA | | — | | (3) | 868 | | | — | | | 5,546 | | | 868 | | | 5,546 | | | 6,414 | | | (3,150) | | | 2005 | | 2003 | | 14250-14278 Valley Blvd. | | La Puente, CA | | — | | | 2,539 | | | 2,020 | | | 3,959 | | | 2,539 | | | 5,979 | | | 8,518 | | | (4,559) | | | 1974 / 2007 | | 2003 | | 2300-2386 East Walnut Ave. | | Fullerton, CA | | — | | (3) | 6,817 | | | 6,089 | | | 3,602 | | | 6,817 | | | 9,691 | | | 16,508 | | | (7,018) | | | 1985-1986 / 2005 | | 2004 | | 15140 & 15148 Bledsoe St., 13065 - 13081 Bradley Ave. | | Sylmar, CA | | — | | | 2,525 | | | 3,380 | | | 7,576 | | | 2,525 | | | 10,956 | | | 13,481 | | | (7,404) | | | 1969, 2008 / 2016 | | 2004 | | 28340 - 28400 Avenue Crocker | | Valencia, CA | | — | | | 2,666 | | | 3,343 | | | 4,591 | | | 2,666 | | | 7,934 | | | 10,600 | | | (5,229) | | | 1987 / 2006 / 2015 | | 2004 | | 21-29 West Easy St. | | Simi Valley, CA | | — | | | 2,346 | | | 4,522 | | | 4,318 | | | 2,346 | | | 8,840 | | | 11,186 | | | (5,748) | | | 1991 / 2006 | | 2004 | | 10439-10477 Roselle St. | | San Diego, CA | | — | | | 4,711 | | | 3,199 | | | 7,408 | | | 4,711 | | | 10,607 | | | 15,318 | | | (4,785) | | | 1970 / 2007 | | 2013 | | 2575 Pioneer Ave. | | Vista, CA | | — | | | 1,784 | | | 2,974 | | | 3,394 | | | 1,784 | | | 6,368 | | | 8,152 | | | (3,943) | | | 1988 / 2006 | | 2004 | | 9641 - 9657 Santa Fe Springs Rd. | | Santa Fe Springs, CA | | — | | | 3,740 | | | 260 | | | 7,316 | | | 3,740 | | | 7,576 | | | 11,316 | | | (3,930) | | | 1982 / 2009 | | 2006 | | 2431-2465 Impala Dr. | | Carlsbad, CA | | — | | | 5,470 | | | 7,308 | | | 7,634 | | | 5,470 | | | 14,942 | | | 20,412 | | | (9,638) | | | 1983 / 2006 | | 2006 | | 6200 & 6300 Yarrow Dr. | | Carlsbad, CA | | — | | | 5,001 | | | 7,658 | | | 5,704 | | | 5,001 | | | 13,362 | | | 18,363 | | | (9,512) | | | 1977-1988 / 2006 | | 2005 | | 6231 & 6241 Yarrow Dr. | | Carlsbad, CA | | — | | | 3,473 | | | 5,119 | | | 3,419 | | | 3,473 | | | 8,538 | | | 12,011 | | | (5,672) | | | 1977 / 2006 | | 2006 | | 9160 - 9220 Cleveland Ave., 10860 6th St. | | Rancho Cucamonga, CA | | — | | | 3,647 | | | 11,867 | | | 3,674 | | | 3,647 | | | 15,541 | | | 19,188 | | | (11,414) | | | 1988-1989 / 2006 | | 2006 | | 18118-18120 S. Broadway St. | | Carson, CA | | — | | | 3,013 | | | 2,161 | | | 1,651 | | | 3,013 | | | 3,812 | | | 6,825 | | | (1,760) | | | 1957 / 1989, 2017 | | 2013 | | 901 W. Alameda Ave. | | Burbank, CA | | — | | | 6,304 | | | 2,996 | | | 7,790 | | | 6,304 | | | 10,786 | | | 17,090 | | | (6,200) | | | 1969 / 2009 | | 2007 | | 1938-1946 E. 46th St. | | Vernon, CA | | — | | | 7,015 | | | 7,078 | | | 4,323 | | | 7,015 | | | 11,401 | | | 18,416 | | | (6,153) | | | 1961, 1983 / 2008-2010 | | 2007 | | 9220-9268 Hall Rd. | | Downey, CA | | — | | | 6,974 | | | 2,902 | | | 1,584 | | | 6,974 | | | 4,486 | | | 11,460 | | | (2,741) | | | 2008 | | 2009 | | 929, 935, 939 & 951 Poinsettia Ave. | | Vista, CA | | — | | | 4,213 | | | 5,584 | | | (1,500) | | | 2,678 | | | 5,619 | | | 8,297 | | | (3,603) | | | 1989 / 2007 | | 2008 |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Initial Cost | | Costs Capitalized Subsequent to Acquisition(1) | | Gross Amounts at Which Carried at Close of Period | | | | | | | | Property Address | | Location | | Encumbrances | | Land | | Building and Improvements | | Building and Improvements | | Land | | Building & Improvements | | Total | | Accumulated Depreciation (2) | | Year Build / Year Renovated | | Year Acquired | | 6750 Unit C - 6780 Central Ave. | | Riverside, CA | | — | | | 1,564 | | | 584 | | | (202) | | | 678 | | | 1,268 | | | 1,946 | | | (682) | | | 1978 | | 2007 | | 1050 Arroyo Ave. | | San Fernando, CA | | — | | | 3,092 | | | 1,900 | | | 822 | | | 3,092 | | | 2,722 | | | 5,814 | | | (1,343) | | | 1969 / 2012 | | 2010 | | 121-125 N. Vinedo Ave. | | Pasadena, CA | | — | | | 3,481 | | | 3,530 | | | 3,626 | | | 3,481 | | | 7,156 | | | 10,637 | | | (1,977) | | | 1953, 1993 / 2024 | | 2011 | | 3441 West MacArthur Blvd. | | Santa Ana, CA | | — | | | 4,179 | | | 5,358 | | | 2,808 | | | 4,179 | | | 8,166 | | | 12,345 | | | (2,331) | | | 1973 / 2022 | | 2011 | | 6701 & 6711 Odessa Ave. | | Van Nuys, CA | | — | | | 1,582 | | | 1,856 | | | 1,438 | | | 1,582 | | | 3,294 | | | 4,876 | | | (1,846) | | | 1970-1972 / 2012 | | 2011 | | 10700 Jersey Blvd. | | Rancho Cucamonga, CA | | — | | | 3,158 | | | 4,860 | | | 3,613 | | | 3,158 | | | 8,473 | | | 11,631 | | | (4,170) | | | 1988-1989 | | 2011 | | 15705, 15709 Arrow Highway & 5220 Fourth St. | | Irwindale, CA | | — | | | 3,608 | | | 2,699 | | | 2,065 | | | 3,608 | | | 4,764 | | | 8,372 | | | (2,429) | | | 1987 | | 2011 | | 20920-20950 Normandie Ave. | | Torrance, CA | | — | | | 3,253 | | | 1,605 | | | 1,006 | | | 3,253 | | | 2,611 | | | 5,864 | | | (1,430) | | | 1989 | | 2011 | | 14944, 14946, 14948 Shoemaker Ave. | | Santa Fe Springs, CA | | — | | | 3,720 | | | 2,641 | | | 1,590 | | | 3,720 | | | 4,231 | | | 7,951 | | | (2,130) | | | 1978 / 2012 | | 2011 | | 1400 S. Campus Ave. | | Ontario, CA | | — | | | 3,266 | | | 2,961 | | | 21 | | | 3,266 | | | 2,982 | | | 6,248 | | | (1,957) | | | 1964-1966, 1973, 1987 | | 2012 | | 15041 Calvert St. | | Van Nuys, CA | | — | | | 4,096 | | | 1,570 | | | 272 | | | 4,096 | | | 1,842 | | | 5,938 | | | (849) | | | 1971 | | 2012 | | 701 Del Norte Blvd. | | Oxnard, CA | | — | | | 3,082 | | | 6,230 | | | 2,181 | | | 3,082 | | | 8,411 | | | 11,493 | | | (4,150) | | | 2000 | | 2012 | | 3350 Tyburn St., 3332, 3334, 3360, 3368, 3370, 3378, 3380, 3410, 3424 N. San Fernando Rd. | | Los Angeles, CA | | — | | | 17,978 | | | 39,471 | | | 11,007 | | | 17,978 | | | 50,478 | | | 68,456 | | | (21,761) | | | 1966, 1992, 1993, 1994 | | 2013 | | 1661 240th St. | | Los Angeles, CA | | — | | | 3,043 | | | 2,550 | | | 4,031 | | | 3,043 | | | 6,581 | | | 9,624 | | | (3,425) | | | 1975 / 1995 | | 2013 | | 18310-18330 Oxnard St. | | Tarzana, CA | | — | | | 2,497 | | | 5,494 | | | 2,206 | | | 2,497 | | | 7,700 | | | 10,197 | | | (3,888) | | | 1973 | | 2013 | | 1100-1170 Gilbert St. & 2353-2373 La Palma Ave. | | Anaheim, CA | | 1,323 | | | 4,582 | | | 5,135 | | | 4,412 | | | 4,582 | | | 9,547 | | | 14,129 | | | (4,607) | | | 1972 / 1990 / 2013 | | 2013 | | 280 Bonita Ave., 2743 Thompson Creek Rd. | | Pomona, CA | | — | | | 8,001 | | | 17,734 | | | 601 | | | 8,001 | | | 18,335 | | | 26,336 | | | (8,057) | | | 1983 | | 2013 | | 2950 Madera Rd. | | Simi Valley, CA | | — | | (3) | 3,601 | | | 8,033 | | | 1,041 | | | 3,601 | | | 9,074 | | | 12,675 | | | (3,687) | | | 1988 / 2005 | | 2013 | | 10635 Vanowen St. | | Burbank, CA | | — | | | 1,517 | | | 1,833 | | | 1,483 | | | 1,517 | | | 3,316 | | | 4,833 | | | (1,707) | | | 1977 | | 2013 | | 7110 Rosecrans Ave. | | Paramount, CA | | — | | | 3,117 | | | 1,894 | | | 2,495 | | | 3,117 | | | 4,389 | | | 7,506 | | | (1,819) | | | 1972 / 2015, 2019 | | 2014 | | 845, 855, 865 S Milliken Ave & 4317, 4319 Santa Ana St. | | Ontario, CA | | — | | | 2,260 | | | 6,043 | | | 1,901 | | | 2,260 | | | 7,944 | | | 10,204 | | | (3,830) | | | 1985 | | 2014 | | 1500-1510 W. 228th St. | | Torrance, CA | | — | | | 2,428 | | | 4,271 | | | 7,711 | | | 2,428 | | | 11,982 | | | 14,410 | | | (4,294) | | | 1963 / 1968, 2017 | | 2014 | | 24105 Frampton Ave. | | Torrance, CA | | — | | | 2,315 | | | 1,553 | | | 2,090 | | | 2,315 | | | 3,643 | | | 5,958 | | | (1,704) | | | 1974 / 2016 | | 2014 |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Initial Cost | | Costs Capitalized Subsequent to Acquisition(1) | | Gross Amounts at Which Carried at Close of Period | | | | | | | | Property Address | | Location | | Encumbrances | | Land | | Building and Improvements | | Building and Improvements | | Land | | Building & Improvements | | Total | | Accumulated Depreciation (2) | | Year Build / Year Renovated | | Year Acquired | | 1700 Saturn Way | | Seal Beach, CA | | — | | | 7,935 | | | 10,525 | | | 371 | | | 7,935 | | | 10,896 | | | 18,831 | | | (4,851) | | | 2006 | | 2014 | | 2980 & 2990 N San Fernando Road | | Burbank, CA | | — | | | 6,373 | | | 7,356 | | | 1,107 | | | 6,373 | | | 8,463 | | | 14,836 | | | (3,876) | | | 1950 / 2004 | | 2014 | | 20531 Crescent Bay Dr. | | Lake Forest, CA | | — | | | 2,181 | | | 4,012 | | | 517 | | | 2,181 | | | 4,529 | | | 6,710 | | | (2,124) | | | 1998 | | 2014 | | 2610 & 2701 S. Birch Street | | Santa Ana, CA | | — | | | 9,305 | | | 2,115 | | | 4,668 | | | 9,305 | | | 6,783 | | | 16,088 | | | (3,269) | | | 1965 / 2016 | | 2014 | | 710 South Dupont Avenue & 4051 Santa Ana Street | | Ontario, CA | | — | | | 3,725 | | | 6,145 | | | 2,116 | | | 3,725 | | | 8,261 | | | 11,986 | | | (3,279) | | | 2001 | | 2014 | | 9755 Distribution Ave. | | San Diego, CA | | — | | | 1,863 | | | 3,211 | | | 2,038 | | | 1,863 | | | 5,249 | | | 7,112 | | | (1,726) | | | 1974 / 2024 | | 2014 | | 9855 Distribution Ave | | San Diego, CA | | — | | | 2,733 | | | 5,041 | | | 918 | | | 2,733 | | | 5,959 | | | 8,692 | | | (2,575) | | | 1983 | | 2014 | | 9340 Cabot Drive | | San Diego, CA | | — | | | 4,311 | | | 6,126 | | | 4,664 | | | 4,311 | | | 10,790 | | | 15,101 | | | (3,532) | | | 1975 / 1976 | | 2014 | | 9404 Cabot Drive | | San Diego, CA | | — | | | 2,413 | | | 3,451 | | | 685 | | | 2,413 | | | 4,136 | | | 6,549 | | | (1,801) | | | 1975 / 1976 | | 2014 | | 9455 Cabot Drive | | San Diego, CA | | — | | | 4,423 | | | 6,799 | | | 7,808 | | | 4,423 | | | 14,607 | | | 19,030 | | | (3,603) | | | 1975 / 1976, 2025 | | 2014 | | 14955-14971 E Salt Lake Ave | | City of Industry, CA | | — | | | 5,125 | | | 5,009 | | | 5,745 | | | 5,125 | | | 10,754 | | | 15,879 | | | (3,196) | | | 1979 / 2025 | | 2014 | | 5235 East Hunter Ave. | | Anaheim, CA | | — | | | 5,240 | | | 5,065 | | | 12,208 | | | 5,240 | | | 17,273 | | | 22,513 | | | (974) | | | 1987 | | 2014 | | 3880 West Valley Blvd. | | Pomona, CA | | — | | | 3,982 | | | 4,796 | | | 3,635 | | | 3,982 | | | 8,431 | | | 12,413 | | | (3,831) | | | 1980 / 2017 | | 2014 | | 1601 Alton Pkwy. | | Irvine, CA | | — | | | 7,638 | | | 4,946 | | | 8,975 | | | 7,638 | | | 13,921 | | | 21,559 | | | (5,851) | | | 1974 / 2018 | | 2014 | | 3116 W. Avenue 32 | | Los Angeles, CA | | — | | | 3,761 | | | 6,729 | | | 3,515 | | | 3,761 | | | 10,244 | | | 14,005 | | | (4,694) | | | 1974 | | 2014 | | 21040 Nordoff Street; 9035 Independence Avenue; 21019 - 21045 Osborne Street | | Chatsworth, CA | | — | | | 7,230 | | | 9,058 | | | 8,022 | | | 7,230 | | | 17,080 | | | 24,310 | | | (6,691) | | | 1979 / 1980 | | 2014 | | 24935 & 24955 Avenue Kearny | | Santa Clarita, CA | | — | | | 4,773 | | | 5,970 | | | 2,504 | | | 4,773 | | | 8,474 | | | 13,247 | | | (3,355) | | | 1988 | | 2014 | | 605 8th Street | | San Fernando, CA | | — | | | 2,393 | | | 2,742 | | | 2,147 | | | 2,393 | | | 4,889 | | | 7,282 | | | (2,008) | | | 1991 / 2015, 2020 | | 2014 | | 9120 Mason Ave. | | Chatsworth, CA | | — | | | 9,224 | | | 19,346 | | | 997 | | | 9,224 | | | 20,343 | | | 29,567 | | | (8,403) | | | 1967 / 1999 | | 2014 | | 7900 Nelson Rd. | | Los Angeles, CA | | — | | | 8,495 | | | 15,948 | | | 2,798 | | | 8,495 | | | 18,746 | | | 27,241 | | | (7,829) | | | 1998 / 2015 | | 2014 | | 679-691 S Anderson St. | | Los Angeles, CA | | — | | | 1,723 | | | 4,767 | | | 1,955 | | | 1,723 | | | 6,722 | | | 8,445 | | | (2,796) | | | 1992 / 2017 | | 2014 | | 10509 Business Drive | | Fontana, CA | | — | | | 3,505 | | | 5,237 | | | 3,450 | | | 3,505 | | | 8,687 | | | 12,192 | | | (3,025) | | | 1989 | | 2014 | | 13231 Slover Avenue | | Fontana, CA | | — | | | 2,812 | | | 4,739 | | | 1,194 | | | 2,812 | | | 5,933 | | | 8,745 | | | (2,690) | | | 1990 | | 2014 | | 240 W Ivy Avenue | | Inglewood, CA | | — | | | 2,064 | | | 3,675 | | | 4,622 | | | 2,064 | | | 8,297 | | | 10,361 | | | (3,637) | | | 1981 | | 2014 |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Initial Cost | | Costs Capitalized Subsequent to Acquisition(1) | | Gross Amounts at Which Carried at Close of Period | | | | | | | | Property Address | | Location | | Encumbrances | | Land | | Building and Improvements | | Building and Improvements | | Land | | Building & Improvements | | Total | | Accumulated Depreciation (2) | | Year Build / Year Renovated | | Year Acquired | | 3000 Paseo Mercado, 3120-3150 Paseo Mercado | | Oxnard, CA | | — | | | 2,616 | | | 8,311 | | | 2,456 | | | 2,616 | | | 10,767 | | | 13,383 | | | (5,077) | | | 1988 | | 2014 | | 1800 Eastman Ave. | | Oxnard, CA | | — | | | 842 | | | 2,209 | | | 187 | | | 842 | | | 2,396 | | | 3,238 | | | (1,073) | | | 2009 | | 2014 | | 201 Rice Ave. & 2400-2420 Celsius | | Oxnard, CA | | — | | | 3,487 | | | 9,589 | | | 3,038 | | | 3,487 | | | 12,627 | | | 16,114 | | | (5,091) | | | 2008 | | 2014 | | 11120, 11160, 11200 Hindry Ave | | Los Angeles, CA | | — | | | 3,478 | | | 7,834 | | | 1,174 | | | 3,478 | | | 9,008 | | | 12,486 | | | (3,791) | | | 1992 / 1994 | | 2014 | | 6970-7170 & 7310-7374 Convoy Ct. | | San Diego, CA | | — | | | 10,805 | | | 18,426 | | | 5,238 | | | 10,805 | | | 23,664 | | | 34,469 | | | (10,846) | | | 1971 | | 2014 | | 12907 Imperial Highway | | Santa Fe Springs, CA | | — | | | 5,462 | | | 6,678 | | | 3,266 | | | 5,462 | | | 9,944 | | | 15,406 | | | (2,739) | | | 1997 / 2024 | | 2015 | | 8902-8940 Activity Road | | San Diego, CA | | — | | | 9,427 | | | 8,103 | | | 4,397 | | | 9,427 | | | 12,500 | | | 21,927 | | | (5,280) | | | 1987 / 1997 / 2024 | | 2015 | | 1210 N Red Gum St. | | Anaheim, CA | | — | | | 3,326 | | | 4,020 | | | 1,517 | | | 3,326 | | | 5,537 | | | 8,863 | | | (2,251) | | | 1985 / 2020 | | 2015 | | 9615 Norwalk Blvd. | | Santa Fe Springs, CA | | — | | | 8,508 | | | 1,134 | | | 53,292 | | | 8,508 | | | 54,426 | | | 62,934 | | | (324) | | | 1975 / 2025 | | 2015 | | 16221 Arthur St. | | Cerritos, CA | | — | | | 2,979 | | | 3,204 | | | 1,828 | | | 2,979 | | | 5,032 | | | 8,011 | | | (1,893) | | | 1979 / 2021 | | 2015 | | 2588 & 2605 Industry Way | | Lynwood, CA | | — | | | 8,738 | | | 9,415 | | | — | | | 8,738 | | | 9,415 | | | 18,153 | | | (4,217) | | | 1969 / 1971 | | 2015 | | 425 S. Hacienda Blvd. | | City of Industry, CA | | — | | | 4,010 | | | 3,050 | | | 691 | | | 4,010 | | | 3,741 | | | 7,751 | | | (1,505) | | | 1997 | | 2015 | | 6700 S Alameda St. | | Huntington Park, CA | | — | | | 3,502 | | | 9,279 | | | 498 | | | 3,502 | | | 9,777 | | | 13,279 | | | (4,335) | | | 1990 / 2008 | | 2015 | | 12720-12860 Danielson Ct. | | Poway, CA | | — | | | 6,902 | | | 8,949 | | | 2,613 | | | 6,902 | | | 11,562 | | | 18,464 | | | (5,445) | | | 1999 | | 2015 | | 10950 Norwalk Blvd & 12241 Lakeland Rd. | | Santa Fe Springs, CA | | — | | | 3,446 | | | 1,241 | | | 550 | | | 3,446 | | | 1,791 | | | 5,237 | | | (927) | | | 1982 | | 2015 | | 610-760 W Hueneme Rd. & 5651-5721 Perkins Rd. | | Oxnard, CA | | — | | | 3,310 | | | 5,806 | | | 3,462 | | | 3,310 | | | 9,268 | | | 12,578 | | | (4,784) | | | 1985 | | 2015 | | 10701-10719 Norwalk Blvd. | | Santa Fe Springs, CA | | — | | | 3,357 | | | 3,527 | | | 368 | | | 3,357 | | | 3,895 | | | 7,252 | | | (1,623) | | | 2004 | | 2015 | | 6020 Sheila St. | | Commerce, CA | | — | | | 4,590 | | | 7,772 | | | 1,184 | | | 4,590 | | | 8,956 | | | 13,546 | | | (3,583) | | | 2000 | | 2015 | | 9805 6th St. | | Rancho Cucamonga, CA | | — | | | 3,503 | | | 3,204 | | | 1,624 | | | 3,503 | | | 4,828 | | | 8,331 | | | (2,398) | | | 1986 | | 2015 | | 16321 Arrow Hwy. | | Irwindale, CA | | — | | | 3,087 | | | 4,081 | | | 466 | | | 3,087 | | | 4,547 | | | 7,634 | | | (1,812) | | | 1955 / 2001 | | 2015 | | 601-605 S. Milliken Ave. | | Ontario, CA | | — | | | 5,479 | | | 7,036 | | | 2,667 | | | 5,479 | | | 9,703 | | | 15,182 | | | (4,371) | | | 1987 / 1988 | | 2015 | | 1065 E. Walnut Ave. | | Carson, CA | | — | | | 10,038 | | | 4,380 | | | 5,887 | | | 10,038 | | | 10,267 | | | 20,305 | | | (4,004) | | | 1974 | | 2015 | | 12247 Lakeland Rd. | | Santa Fe Springs, CA | | — | | | 3,481 | | | 776 | | | 1,345 | | | 3,481 | | | 2,121 | | | 5,602 | | | (866) | | | 1971 / 2016 | | 2015 | | 17311 Nichols Lane | | Huntington Beach, CA | | — | | | 7,988 | | | 8,728 | | | 1,667 | | | 7,988 | | | 10,395 | | | 18,383 | | | (3,399) | | | 1993 / 2014, 2024 | | 2015 | | 8525 Camino Santa Fe | | San Diego, CA | | — | | | 4,038 | | | 4,055 | | | 2,616 | | | 4,038 | | | 6,671 | | | 10,709 | | | (2,951) | | | 1986 | | 2016 |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Initial Cost | | Costs Capitalized Subsequent to Acquisition(1) | | Gross Amounts at Which Carried at Close of Period | | | | | | | | Property Address | | Location | | Encumbrances | | Land | | Building and Improvements | | Building and Improvements | | Land | | Building & Improvements | | Total | | Accumulated Depreciation (2) | | Year Build / Year Renovated | | Year Acquired | | 28454 Livingston Avenue | | Valencia, CA | | — | | | 5,150 | | | 9,666 | | | 1,195 | | | 5,150 | | | 10,861 | | | 16,011 | | | (4,139) | | | 2007 | | 2016 | | 16425 Gale Avenue | | City of Industry, CA | | — | | | 18,803 | | | 6,029 | | | 3,065 | | | 18,803 | | | 9,094 | | | 27,897 | | | (2,906) | | | 1976 | | 2016 | | 12131 Western Avenue | | Garden Grove, CA | | — | | | 15,077 | | | 11,149 | | | 4,884 | | | 15,077 | | | 16,033 | | | 31,110 | | | (6,455) | | | 1987 / 2007, 2017 | | 2016 | | 9 Holland | | Irvine, CA | | — | | | 13,724 | | | 9,365 | | | 1,547 | | | 13,724 | | | 10,912 | | | 24,636 | | | (4,239) | | | 1980 / 2013 | | 2016 | | 15996 Jurupa Avenue | | Fontana, CA | | — | | | 7,855 | | | 12,056 | | | 153 | | | 7,855 | | | 12,209 | | | 20,064 | | | (4,871) | | | 2015 | | 2016 | | 11127 Catawba Avenue | | Fontana, CA | | — | | | 5,562 | | | 8,094 | | | 127 | | | 5,562 | | | 8,221 | | | 13,783 | | | (3,283) | | | 2015 | | 2016 | | 13550 Stowe Drive | | Poway, CA | | — | | | 9,126 | | | 8,043 | | | — | | | 9,126 | | | 8,043 | | | 17,169 | | | (3,513) | | | 1991 | | 2016 | | 10750-10826 Lower Azusa Road | | El Monte, CA | | — | | | 4,433 | | | 2,961 | | | 2,338 | | | 4,433 | | | 5,299 | | | 9,732 | | | (2,192) | | | 1975 | | 2016 | | 525 Park Avenue | | San Fernando, CA | | — | | | 3,830 | | | 3,887 | | | 732 | | | 3,830 | | | 4,619 | | | 8,449 | | | (1,757) | | | 2003 | | 2016 | | 3211-3233 Mission Oaks Blvd. | | Camarillo, CA | | — | | | 13,791 | | | 10,017 | | | 45,101 | | | 13,791 | | | 55,118 | | | 68,909 | | | (11,267) | | | 1980-1982 / 2014, 2018, 2019, 2025 | | 2016 | | 1600 Orangethorpe Ave. & 1335-1375 Acacia Ave. | | Fullerton, CA | | — | | | 26,659 | | | 12,673 | | | 6,194 | | | 26,659 | | | 18,867 | | | 45,526 | | | (8,206) | | | 1968 / 1985 | | 2016 | | 14742-14750 Nelson Avenue | | City of Industry, CA | | — | | | 13,463 | | | 1,680 | | | 17,745 | | | 13,463 | | | 19,425 | | | 32,888 | | | (6,798) | | | 1969 / 2018 | | 2016 | | 301-445 Figueroa Street | | Wilmington, CA | | — | | | 7,126 | | | 5,728 | | | 5,614 | | | 7,126 | | | 11,342 | | | 18,468 | | | (4,057) | | | 1972 / 2018 | | 2016 | | 12320 4th Street | | Rancho Cucamonga, CA | | — | | | 12,642 | | | 14,179 | | | 39 | | | 12,642 | | | 14,218 | | | 26,860 | | | (6,144) | | | 1997/2003 | | 2016 | | 9190 Activity Road | | San Diego, CA | | — | | | 8,497 | | | 5,622 | | | 954 | | | 8,497 | | | 6,576 | | | 15,073 | | | (2,878) | | | 1986 | | 2016 | | 28903-28903 Avenue Paine | | Valencia, CA | | — | | | 10,620 | | | 6,510 | | | 20,230 | | | 10,620 | | | 26,740 | | | 37,360 | | | (6,213) | | | 1999 / 2018, 2022 | | 2017 | | 2390 Ward Avenue | | Simi Valley, CA | | — | | | 5,624 | | | 10,045 | | | 3,233 | | | 5,624 | | | 13,278 | | | 18,902 | | | (4,958) | | | 1989 | | 2017 | Safari Business Center(4) | | Ontario, CA | | — | | | 50,807 | | | 86,065 | | | 22,794 | | | 50,807 | | | 108,859 | | | 159,666 | | | (41,353) | | | 1989 | | 2017 | | 4175 Conant Street | | Long Beach, CA | | — | | | 13,785 | | | 13,440 | | | — | | | 13,785 | | | 13,440 | | | 27,225 | | | (5,249) | | | 2015 | | 2017 | | 5421 Argosy Avenue | | Huntington Beach, CA | | — | | | 3,577 | | | 1,490 | | | 174 | | | 3,577 | | | 1,664 | | | 5,241 | | | (712) | | | 1976 | | 2017 | | 14820-14830 Carmenita Road | | Norwalk, CA | | — | | | 22,938 | | | 6,738 | | | 2,420 | | | 22,938 | | | 9,158 | | | 32,096 | | | (3,189) | | | 1970, 2000 | | 2017 | | 3002-3072 Inland Empire Blvd. | | Ontario, CA | | — | | | 11,980 | | | 14,439 | | | 4,127 | | | 11,980 | | | 18,566 | | | 30,546 | | | (7,604) | | | 1981 | | 2017 | | 800 Sandhill Avenue (17000 Kingsview Avenue) | | Carson, CA | | — | | | 7,988 | | | 5,472 | | | 4,424 | | | 7,988 | | | 9,896 | | | 17,884 | | | (1,951) | | | 1984 / 2025 | | 2017 | | 2301-2329, 2331-2359, 2361-2399, 2370-2398 & 2332-2366 E. Pacifica Place; 20001-20021 Rancho Way | | Rancho Dominguez, CA | | — | | | 121,329 | | | 86,776 | | | 32,439 | | | 121,329 | | | 119,215 | | | 240,544 | | | (34,359) | | | 1989 / 2021, 2025 | | 2017 |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Initial Cost | | Costs Capitalized Subsequent to Acquisition(1) | | Gross Amounts at Which Carried at Close of Period | | | | | | | | Property Address | | Location | | Encumbrances | | Land | | Building and Improvements | | Building and Improvements | | Land | | Building & Improvements | | Total | | Accumulated Depreciation (2) | | Year Build / Year Renovated | | Year Acquired | | 11190 White Birch Drive | | Rancho Cucamonga, CA | | — | | | 9,405 | | | 9,840 | | | 950 | | | 9,405 | | | 10,790 | | | 20,195 | | | (3,997) | | | 1986 | | 2017 | | 4832-4850 Azusa Canyon Road | | Irwindale, CA | | — | | | 5,330 | | | 8,856 | | | 568 | | | 5,330 | | | 9,424 | | | 14,754 | | | (3,172) | | | 2016 | | 2017 | | 1825 Soto Street | | Los Angeles, CA | | — | | | 2,129 | | | 1,315 | | | 215 | | | 2,129 | | | 1,530 | | | 3,659 | | | (564) | | | 1993 | | 2017 | | 19402 Susana Road | | Rancho Dominguez, CA | | — | | | 3,524 | | | 357 | | | 23 | | | 3,524 | | | 380 | | | 3,904 | | | (183) | | | 1957 | | 2017 | | 13225 Western Avenue | | Gardena, CA | | — | | | 1,918 | | | 355 | | | 363 | | | 1,918 | | | 718 | | | 2,636 | | | (246) | | | 1955 | | 2017 | | 687 Eucalyptus Avenue | | Inglewood, CA | | — | | | 37,035 | | | 15,120 | | | 275 | | | 37,035 | | | 15,395 | | | 52,430 | | | (4,968) | | | 2017 | | 2017 | | 302 Rockefeller Avenue | | Ontario, CA | | — | | | 6,859 | | | 7,185 | | | 881 | | | 6,859 | | | 8,066 | | | 14,925 | | | (2,661) | | | 2000 | | 2017 | | 4355 Brickell Street | | Ontario, CA | | — | | | 7,295 | | | 5,616 | | | 573 | | | 7,295 | | | 6,189 | | | 13,484 | | | (2,259) | | | 2004 | | 2017 | | 12622-12632 Monarch Street | | Garden Grove, CA | | — | | | 11,691 | | | 8,290 | | | 2,106 | | | 11,691 | | | 10,396 | | | 22,087 | | | (3,865) | | | 1967 | | 2017 | | 8315 Hanan Way | | Pico Rivera, CA | | — | | | 8,714 | | | 4,751 | | | 180 | | | 8,714 | | | 4,931 | | | 13,645 | | | (1,718) | | | 1976 | | 2017 | | 13971 Norton Avenue | | Chino, CA | | — | | | 5,293 | | | 6,377 | | | 2,847 | | | 5,293 | | | 9,224 | | | 14,517 | | | (2,518) | | | 1990 | | 2018 | | 1900 Proforma Avenue | | Ontario, CA | | — | | | 10,214 | | | 5,127 | | | 1,656 | | | 10,214 | | | 6,783 | | | 16,997 | | | (2,905) | | | 1989 | | 2018 | | 16010 Shoemaker Avenue | | Cerritos, CA | | — | | | 9,927 | | | 6,948 | | | 741 | | | 9,927 | | | 7,689 | | | 17,616 | | | (2,505) | | | 1985 | | 2018 | | 4039 Calle Platino | | Oceanside, CA | | — | | | 9,476 | | | 11,394 | | | 5,000 | | | 9,476 | | | 16,394 | | | 25,870 | | | (4,651) | | | 1991 / 2024 | | 2018 | | 851 Lawrence Drive | | Thousand Oaks, CA | | — | | | 6,717 | | | — | | | 13,504 | | | 6,717 | | | 13,504 | | | 20,221 | | | (2,964) | | | 1968 / 2021 | | 2018 | | 1581 North Main Street | | Orange, CA | | — | | | 4,230 | | | 3,313 | | | 273 | | | 4,230 | | | 3,586 | | | 7,816 | | | (1,161) | | | 1994 | | 2018 | | 1580 West Carson Street | | Long Beach, CA | | — | | | 5,252 | | | 2,496 | | | 2,254 | | | 5,252 | | | 4,750 | | | 10,002 | | | (1,684) | | | 1982 / 2018 | | 2018 | | 660 & 664 North Twin Oaks Valley Road | | San Marcos, CA | | — | | | 6,307 | | | 6,573 | | | 444 | | | 6,307 | | | 7,017 | | | 13,324 | | | (2,444) | | | 1978 - 1988 | | 2018 | | 1190 Stanford Court | | Anaheim, CA | | — | | | 3,583 | | | 2,430 | | | 432 | | | 3,583 | | | 2,862 | | | 6,445 | | | (923) | | | 1979 | | 2018 | | 5300 Sheila Street | | Commerce, CA | | — | | | 90,568 | | | 54,086 | | | 236 | | | 90,568 | | | 54,322 | | | 144,890 | | | (17,985) | | | 1975 | | 2018 | | 15777 Gateway Circle | | Tustin, CA | | — | | | 3,815 | | | 4,292 | | | 63 | | | 3,815 | | | 4,355 | | | 8,170 | | | (1,339) | | | 2005 | | 2018 | | 1998 Surveyor Avenue | | Simi Valley, CA | | — | | | 3,670 | | | 2,263 | | | 4,918 | | | 3,670 | | | 7,181 | | | 10,851 | | | (2,211) | | | 2018 | | 2018 | | 3100 Fujita Street | | Torrance, CA | | — | | | 7,723 | | | 5,649 | | | 1,983 | | | 7,723 | | | 7,632 | | | 15,355 | | | (1,881) | | | 1970 | | 2018 | | 4416 Azusa Canyon Road | | Irwindale, CA | | — | | | 10,762 | | | 1,567 | | | 21,210 | | | 10,762 | | | 22,777 | | | 33,539 | | | (4) | | | 1956 / 2025 | | 2018 | | 1420 McKinley Avenue | | Compton, CA | | — | | | 17,053 | | | 13,605 | | | 143 | | | 17,053 | | | 13,748 | | | 30,801 | | | (4,368) | | | 2017 | | 2018 | | 12154 Montague Street | | Pacoima, CA | | — | | | 10,114 | | | 12,767 | | | 959 | | | 10,114 | | | 13,726 | | | 23,840 | | | (3,960) | | | 1974 | | 2018 | | 10747 Norwalk Boulevard | | Santa Fe Springs, CA | | — | | | 5,646 | | | 4,966 | | | 2,323 | | | 5,646 | | | 7,289 | | | 12,935 | | | (1,698) | | | 1999 | | 2018 | | 29003 Avenue Sherman | | Valencia, CA | | — | | | 3,094 | | | 6,467 | | | 1,826 | | | 3,094 | | | 8,293 | | | 11,387 | | | (2,114) | | | 2000 / 2019 | | 2018 |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Initial Cost | | Costs Capitalized Subsequent to Acquisition(1) | | Gross Amounts at Which Carried at Close of Period | | | | | | | | Property Address | | Location | | Encumbrances | | Land | | Building and Improvements | | Building and Improvements | | Land | | Building & Improvements | | Total | | Accumulated Depreciation (2) | | Year Build / Year Renovated | | Year Acquired | | 16121 Carmenita Road | | Cerritos, CA | | — | | | 10,013 | | | 3,279 | | | 4,378 | | | 10,013 | | | 7,657 | | | 17,670 | | | (2,018) | | | 1969/1983, 2020 | | 2018 | | 1332-1340 Rocky Point Drive | | Oceanside, CA | | — | | | 1,196 | | | 1,915 | | | 286 | | | 1,196 | | | 2,201 | | | 3,397 | | | (731) | | | 2009 / 2019 | | 2018 | | 6131-6133 Innovation Way | | Carlsbad, CA | | — | | | 10,545 | | | 11,859 | | | 587 | | | 10,545 | | | 12,446 | | | 22,991 | | | (3,969) | | | 2017 | | 2018 | | 263-321 Gardena Boulevard | | Carson, CA | | — | | | 14,302 | | | 1,960 | | | 2,644 | | | 14,302 | | | 4,604 | | | 18,906 | | | (942) | | | 1977 - 1982 / 2024 | | 2018 | | 9200 Mason Avenue | | Chatsworth, CA | | — | | | 4,887 | | | 4,080 | | | 2,885 | | | 4,887 | | | 6,965 | | | 11,852 | | | (1,195) | | | 1968 | | 2018 | | 9230 Mason Avenue | | Chatsworth, CA | | — | | | 4,454 | | | 955 | | | 1,271 | | | 4,454 | | | 2,226 | | | 6,680 | | | (422) | | | 1974 | | 2018 | | 9250 Mason Avenue | | Chatsworth, CA | | — | | | 4,034 | | | 2,464 | | | 687 | | | 4,034 | | | 3,151 | | | 7,185 | | | (764) | | | 1977 | | 2018 | | 9171 Oso Avenue | | Chatsworth, CA | | — | | | 5,647 | | | 2,801 | | | 20 | | | 5,647 | | | 2,821 | | | 8,468 | | | (904) | | | 1980 | | 2018 | | 5593-5595 Fresca Drive | | La Palma, CA | | — | | | 11,414 | | | 2,502 | | | 818 | | | 11,414 | | | 3,320 | | | 14,734 | | | (1,121) | | | 1973 | | 2018 | | 6100 Sheila Street | | Commerce, CA | | — | | | 11,789 | | | 5,214 | | | 2,511 | | | 11,789 | | | 7,725 | | | 19,514 | | | (2,467) | | | 1960 | | 2018 | | 14421-14441 Bonelli Street | | City of Industry, CA | | — | | | 12,191 | | | 7,489 | | | 361 | | | 12,191 | | | 7,850 | | | 20,041 | | | (2,411) | | | 1971 | | 2018 | | 12821 Knott Street | | Garden Grove, CA | | — | | | 17,896 | | | 2,824 | | | 17,426 | | | 17,896 | | | 20,250 | | | 38,146 | | | (2,593) | | | 1971 / 2023 | | 2019 | | 28510 Industry Drive | | Valencia, CA | | — | | | 2,395 | | | 5,466 | | | 128 | | | 2,395 | | | 5,594 | | | 7,989 | | | (1,584) | | | 2017 | | 2019 | | Conejo Spectrum Business Park | | Thousand Oaks, CA | | — | | | 38,877 | | | 64,721 | | | 2,257 | | | 38,877 | | | 66,978 | | | 105,855 | | | (18,594) | | | 2018 / 2020 | | 2019 | | 2455 Ash Street | | Vista, CA | | — | | | 4,273 | | | 1,966 | | | 327 | | | 4,273 | | | 2,293 | | | 6,566 | | | (910) | | | 1990 | | 2019 | | 25413 Rye Canyon Road | | Santa Clarita, CA | | — | | | 3,245 | | | 2,352 | | | 3,850 | | | 3,245 | | | 6,202 | | | 9,447 | | | (1,319) | | | 1981 | | 2019 | | 1515 15th Street | | Los Angeles, CA | | — | | | 23,363 | | | 5,208 | | | 2,485 | | | 23,363 | | | 7,693 | | | 31,056 | | | (1,988) | | | 1977 | | 2019 | | 13890 Nelson Avenue | | City of Industry, CA | | — | | | 25,642 | | | 14,616 | | | 402 | | | 25,642 | | | 15,018 | | | 40,660 | | | (4,295) | | | 1982 | | 2019 | | 445-449 Freedom Avenue | | Orange, CA | | — | | | 9,084 | | | 8,286 | | | 650 | | | 9,084 | | | 8,936 | | | 18,020 | | | (2,627) | | | 1980 | | 2019 | | 980 Rancheros Drive | | San Marcos, CA | | — | | | 2,901 | | | 4,245 | | | 346 | | | 2,901 | | | 4,591 | | | 7,492 | | | (1,350) | | | 1982 | | 2019 | | 1145 Arroyo Avenue | | San Fernando, CA | | — | | | 19,556 | | | 9,567 | | | 1,638 | | | 19,556 | | | 11,205 | | | 30,761 | | | (3,133) | | | 1989 | | 2019 | | 1150 Aviation Place | | San Fernando, CA | | — | | | 18,989 | | | 10,067 | | | 40 | | | 18,989 | | | 10,107 | | | 29,096 | | | (3,182) | | | 1989 | | 2019 | | 1175 Aviation Place | | San Fernando, CA | | — | | | 12,367 | | | 4,858 | | | 3,613 | | | 12,367 | | | 8,471 | | | 20,838 | | | (1,534) | | | 1989 / 2025 | | 2019 | | 1245 Aviation Place | | San Fernando, CA | | — | | | 16,407 | | | 9,572 | | | 143 | | | 16,407 | | | 9,715 | | | 26,122 | | | (2,852) | | | 1989 | | 2019 |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Initial Cost | | Costs Capitalized Subsequent to Acquisition(1) | | Gross Amounts at Which Carried at Close of Period | | | | | | | | Property Address | | Location | | Encumbrances | | Land | | Building and Improvements | | Building and Improvements | | Land | | Building & Improvements | | Total | | Accumulated Depreciation (2) | | Year Build / Year Renovated | | Year Acquired | | 635 8th Street | | San Fernando, CA | | — | | | 8,787 | | | 5,922 | | | 2,125 | | | 8,787 | | | 8,047 | | | 16,834 | | | (1,887) | | | 1989 | | 2019 | | 10015 Waples Court | | San Diego, CA | | — | | | 12,280 | | | 9,198 | | | 5,463 | | | 12,280 | | | 14,661 | | | 26,941 | | | (3,429) | | | 1988 / 2020 | | 2019 | | 19100 Susana Road | | Rancho Dominguez, CA | | — | | | 11,576 | | | 2,265 | | | 450 | | | 11,576 | | | 2,715 | | | 14,291 | | | (1,033) | | | 1956 | | 2019 | | 15385 Oxnard Street | | Van Nuys, CA | | — | | | 11,782 | | | 5,212 | | | 235 | | | 11,782 | | | 5,447 | | | 17,229 | | | (1,601) | | | 1988 | | 2019 | | 9750-9770 San Fernando Road | | Sun Valley, CA | | — | | | 6,718 | | | 543 | | | 223 | | | 6,718 | | | 766 | | | 7,484 | | | (344) | | | 1952 | | 2019 | | 218 S. Turnbull Canyon | | City of Industry, CA | | — | | | 19,075 | | | 8,061 | | | 3,962 | | | 19,075 | | | 12,023 | | | 31,098 | | | (2,687) | | | 1999 | | 2019 | | Limonite Ave. & Archibald Ave. | | Eastvale, CA | | — | | | 23,848 | | | — | | | 31,704 | | | 23,848 | | | 31,704 | | | 55,552 | | | (7,663) | | | 2020 | | 2019 | | 3340 San Fernando Road | | Los Angeles, CA | | — | | | 2,885 | | | 147 | | | (115) | | | 2,770 | | | 147 | | | 2,917 | | | (119) | | | n/a | | 2019 | | 5725 Eastgate Drive | | San Diego, CA | | — | | | 6,543 | | | 1,732 | | | 332 | | | 6,543 | | | 2,064 | | | 8,607 | | | (858) | | | 1995 | | 2019 | | 18115 Main Street | | Carson, CA | | — | | | 7,142 | | | 776 | | | 324 | | | 7,142 | | | 1,100 | | | 8,242 | | | (388) | | | 1988 | | 2019 | | 3150 Ana Street | | Rancho Dominguez, CA | | — | | | 15,997 | | | 3,036 | | | 27 | | | 15,997 | | | 3,063 | | | 19,060 | | | (967) | | | 1957 | | 2019 | | 1402 Avenida Del Oro | | Oceanside, CA | | — | | | 33,006 | | | 34,439 | | | 39 | | | 33,006 | | | 34,478 | | | 67,484 | | | (10,039) | | | 2016 | | 2019 | | 9607-9623 Imperial Highway | | Downey, CA | | — | | | 9,766 | | | 865 | | | 2,291 | | | 9,766 | | | 3,156 | | | 12,922 | | | (964) | | | 1974 | | 2019 | | 12200 Bellflower Boulevard | | Downey, CA | | — | | | 14,960 | | | 2,057 | | | 425 | | | 14,960 | | | 2,482 | | | 17,442 | | | (855) | | | 1955 | | 2019 | | Storm Parkway | | Torrance, CA | | — | | | 42,178 | | | 21,987 | | | 6,696 | | | 42,178 | | | 28,683 | | | 70,861 | | | (6,440) | | | 1982 - 2008 / 2024 | | 2019 | | 2328 Teller Road | | Newbury Park, CA | | — | | | 8,330 | | | 14,304 | | | 2,316 | | | 8,330 | | | 16,620 | | | 24,950 | | | (4,658) | | | 1970 / 2018 | | 2019 | | 6277-6289 Slauson Avenue | | Commerce, CA | | — | | | 27,809 | | | 11,454 | | | 3,118 | | | 27,809 | | | 14,572 | | | 42,381 | | | (3,795) | | | 1962 - 1977 | | 2019 | | 750 Manville Street | | Compton, CA | | — | | | 8,283 | | | 2,784 | | | 652 | | | 8,283 | | | 3,436 | | | 11,719 | | | (997) | | | 1977 | | 2019 | | 8985 Crestmar Point | | San Diego, CA | | — | | | 6,990 | | | 1,350 | | | 6,632 | | | 6,990 | | | 7,982 | | | 14,972 | | | (624) | | | 1988 / 2025 | | 2019 | | 404-430 Berry Way | | Brea, CA | | — | | | 21,047 | | | 4,566 | | | 69 | | | 19,315 | | | 6,367 | | | 25,682 | | | — | | | 1964 - 1967 | | 2019 | | 415-435 Motor Avenue | | Azusa, CA | | — | | | 7,364 | | | — | | | 10,971 | | | 7,364 | | | 10,971 | | | 18,335 | | | (1,744) | | | 1956 / 2022 | | 2019 | | 508 East E Street | | Wilmington, CA | | — | | | 10,742 | | | 4,380 | | | (4,380) | | | 10,742 | | | — | | | 10,742 | | | — | | | 1988 / 2024 | | 2019 | | 12752-12822 Monarch Street | | Garden Grove, CA | | — | | | 29,404 | | | 4,262 | | | 23,457 | | | 29,404 | | | 27,719 | | | 57,123 | | | (4,167) | | | 1971 / 2023 | | 2019 | | 1601 Mission Blvd. | | Pomona, CA | | — | | | 67,623 | | | 18,962 | | | 5,186 | | | 67,623 | | | 24,148 | | | 91,771 | | | (6,614) | | | 1952 | | 2019 |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Initial Cost | | Costs Capitalized Subsequent to Acquisition(1) | | Gross Amounts at Which Carried at Close of Period | | | | | | | | Property Address | | Location | | Encumbrances | | Land | | Building and Improvements | | Building and Improvements | | Land | | Building & Improvements | | Total | | Accumulated Depreciation (2) | | Year Build / Year Renovated | | Year Acquired | | 2757 Del Amo Blvd. | | Rancho Dominguez, CA | | — | | | 10,035 | | | 2,073 | | | 584 | | | 10,035 | | | 2,657 | | | 12,692 | | | (916) | | | 1967 | | 2019 | | 18250 Euclid Street | | Fountain Valley, CA | | — | | | 11,116 | | | 3,201 | | | 23 | | | 11,116 | | | 3,224 | | | 14,340 | | | (895) | | | 1974 | | 2019 | | 701-751 Kingshill Place | | Carson, CA | | 6,715 | | | 23,016 | | | 10,344 | | | 4,576 | | | 23,016 | | | 14,920 | | | 37,936 | | | (3,621) | | | 1979 / 2020 | | 2020 | | 2601-2641 Manhattan Beach Blvd | | Redondo Beach, CA | | — | | | 30,333 | | | 9,427 | | | 6,312 | | | 30,333 | | | 15,739 | | | 46,072 | | | (4,311) | | | 1978 | | 2020 | | 2410-2420 Santa Fe Avenue | | Redondo Beach, CA | | 10,300 | | | 24,310 | | | 13,128 | | | 6 | | | 24,310 | | | 13,134 | | | 37,444 | | | (3,228) | | | 1977 | | 2020 | | 11600 Los Nietos Road | | Santa Fe Springs, CA | | — | | | 12,033 | | | 4,666 | | | 6,307 | | | 12,033 | | | 10,973 | | | 23,006 | | | (1,278) | | | 1976 / 2022 | | 2020 | | 5160 Richton Street | | Montclair, CA | | — | | | 7,199 | | | 8,203 | | | 1,245 | | | 7,199 | | | 9,448 | | | 16,647 | | | (2,368) | | | 2004 | | 2020 | | 2205 126th Street | | Hawthorne, CA | | 5,200 | | | 11,407 | | | 6,834 | | | 1,406 | | | 11,407 | | | 8,240 | | | 19,647 | | | (2,364) | | | 1998 | | 2020 | | 11832-11954 La Cienega Blvd | | Hawthorne, CA | | 3,688 | | | 13,625 | | | 5,721 | | | 1,257 | | | 13,625 | | | 6,978 | | | 20,603 | | | (2,130) | | | 1999 | | 2020 | | 7612-7642 Woodwind Drive | | Huntington Beach, CA | | — | | | 10,634 | | | 2,901 | | | 942 | | | 10,634 | | | 3,843 | | | 14,477 | | | (968) | | | 2001 | | 2020 | | 960-970 Knox Street | | Torrance, CA | | — | | | 7,324 | | | 2,380 | | | 1,227 | | | 7,324 | | | 3,607 | | | 10,931 | | | (1,342) | | | 1976 | | 2020 | | 25781 Atlantic Ocean Drive | | Lake Forest, CA | | — | | | 4,358 | | | 1,067 | | | 846 | | | 4,358 | | | 1,913 | | | 6,271 | | | (450) | | | 1996 | | 2020 | | 720-750 Vernon Avenue | | Azusa, CA | | — | | | 14,088 | | | 1,638 | | | 4 | | | 14,088 | | | 1,642 | | | 15,730 | | | (700) | | | 1950 | | 2020 | | 6687 Flotilla Street | | Commerce, CA | | — | | | 14,501 | | | 6,053 | | | 627 | | | 14,501 | | | 6,680 | | | 21,181 | | | (1,626) | | | 1956 | | 2020 | | 22895 Eastpark Drive | | Yorba Linda, CA | | — | | | 5,337 | | | 1,370 | | | 199 | | | 5,337 | | | 1,569 | | | 6,906 | | | (481) | | | 1986 | | 2020 | | 8745-8775 Production Avenue | | San Diego, CA | | — | | | 6,471 | | | 1,551 | | | 2,014 | | | 6,471 | | | 3,565 | | | 10,036 | | | (1,067) | | | 1974 / 2021 | | 2020 | | 15850 Slover Avenue | | Fontana, CA | | — | | | 3,634 | | | 6,452 | | | 55 | | | 3,634 | | | 6,507 | | | 10,141 | | | (1,410) | | | 2020 | | 2020 | | 15650-15700 Avalon Blvd | | Los Angeles, CA | | — | | | 22,353 | | | 5,988 | | | 9,208 | | | 22,353 | | | 15,196 | | | 37,549 | | | (1,800) | | | 1962 - 1978 / 2022 | | 2020 | | 11308-11350 Penrose Street | | Sun Valley, CA | | — | | | 15,884 | | | 11,169 | | | 5,184 | | | 15,884 | | | 16,353 | | | 32,237 | | | (3,099) | | | 1974 / 2024 | | 2020 | | 11076-11078 Fleetwood Street | | Sun Valley, CA | | — | | | 3,217 | | | 1,446 | | | 1,404 | | | 3,217 | | | 2,850 | | | 6,067 | | | (587) | | | 1974 | | 2020 | | 12133 Greenstone Avenue | | Santa Fe Springs, CA | | — | | | 5,900 | | | 891 | | | 7,408 | | | 5,900 | | | 8,299 | | | 14,199 | | | (1,119) | | | 1967 / 2023 | | 2020 | | 12772 San Fernando Road | | Sylmar, CA | | — | | | 17,302 | | | 3,832 | | | 22,310 | | | 17,302 | | | 26,142 | | | 43,444 | | | (21) | | | 1964 / 2013 / 2025 | | 2020 | | 15601 Avalon Blvd | | Los Angeles, CA | | — | | | 15,776 | | | — | | | 13,873 | | | 15,776 | | | 13,873 | | | 29,649 | | | (1,873) | | | 1984 / 2023 | | 2020 | | Gateway Pointe | | Whittier, CA | | — | | | 132,659 | | | 154,250 | | | 1,777 | | | 132,659 | | | 156,027 | | | 288,686 | | | (31,074) | | | 2005 - 2006 | | 2020 |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Initial Cost | | Costs Capitalized Subsequent to Acquisition(1) | | Gross Amounts at Which Carried at Close of Period | | | | | | | | Property Address | | Location | | Encumbrances | | Land | | Building and Improvements | | Building and Improvements | | Land | | Building & Improvements | | Total | | Accumulated Depreciation (2) | | Year Build / Year Renovated | | Year Acquired | | 13943-13955 Balboa Blvd | | Sylmar, CA | | 13,814 | | | 26,795 | | | 18,484 | | | 2,144 | | | 26,795 | | | 20,628 | | | 47,423 | | | (4,539) | | | 2000 | | 2020 | | Van Nuys Airport Industrial Center | | Van Nuys, CA | | — | | | 91,894 | | | 58,625 | | | 12,865 | | | 91,894 | | | 71,490 | | | 163,384 | | | (13,711) | | | 1961 - 2007 | | 2020 | | 4039 State Street | | Montclair, CA | | — | | | 12,829 | | | 15,485 | | | 124 | | | 12,829 | | | 15,609 | | | 28,438 | | | (3,281) | | | 2020 | | 2020 | | 10156 Live Oak Avenue | | Fontana, CA | | — | | | 19,779 | | | 27,186 | | | 965 | | | 19,779 | | | 28,151 | | | 47,930 | | | (5,969) | | | 2020 | | 2020 | | 10694 Tamarind Avenue | | Fontana, CA | | — | | | 8,878 | | | 12,325 | | | 190 | | | 8,878 | | | 12,515 | | | 21,393 | | | (2,568) | | | 2020 | | 2020 | | 2520 Baseline Road | | Rialto, CA | | — | | | 12,513 | | | 16,377 | | | 185 | | | 12,513 | | | 16,562 | | | 29,075 | | | (3,366) | | | 2020 | | 2020 | | 12211 Greenstone Avenue | | Santa Fe Springs, CA | | — | | | 15,729 | | | 1,636 | | | 46 | | | 15,729 | | | 1,682 | | | 17,411 | | | (682) | | | N/A | | 2020 | | East 27th Street | | Los Angeles, CA | | — | | | 40,332 | | | 21,842 | | | 9,072 | | | 40,332 | | | 30,914 | | | 71,246 | | | (5,060) | | | 1961 - 2004 / 2024 | | 2020 | | 2750 Alameda Street | | Los Angeles, CA | | — | | | 24,644 | | | 5,771 | | | 2,284 | | | 24,644 | | | 8,055 | | | 32,699 | | | (1,934) | | | 1961 - 1980 | | 2020 | | 29010 Avenue Paine | | Valencia, CA | | — | | | 7,401 | | | 8,168 | | | 1,790 | | | 7,401 | | | 9,958 | | | 17,359 | | | (1,978) | | | 2000 | | 2020 | | 29010 Commerce Center Drive | | Valencia, CA | | — | | | 10,499 | | | 13,832 | | | 65 | | | 10,499 | | | 13,897 | | | 24,396 | | | (2,803) | | | 2002 | | 2020 | | 13369 Valley Blvd | | Fontana, CA | | — | | | 9,675 | | | 10,393 | | | 1,023 | | | 9,675 | | | 11,416 | | | 21,091 | | | (2,356) | | | 2005 | | 2020 | | 6635 Caballero Blvd | | Buena Park, CA | | — | | | 14,288 | | | 7,919 | | | 615 | | | 14,288 | | | 8,534 | | | 22,822 | | | (1,753) | | | 2003 | | 2020 | | 1235 South Lewis Street | | Anaheim, CA | | — | | | 16,984 | | | 1,519 | | | 1,997 | | | 16,984 | | | 3,516 | | | 20,500 | | | (792) | | | 1956 / 2022 | | 2020 | | 15010 Don Julian Road | | City of Industry, CA | | — | | | 24,017 | | | — | | | 41,944 | | | 24,017 | | | 41,944 | | | 65,961 | | | (5) | | | 1963 / 2025 | | 2021 | | 5002-5018 Lindsay Court | | Chino, CA | | — | | | 6,996 | | | 5,658 | | | 1,925 | | | 6,996 | | | 7,583 | | | 14,579 | | | (1,515) | | | 1986 | | 2021 | | 514 East C Street | | Los Angeles, CA | | — | | | 9,114 | | | 1,205 | | | 4 | | | 9,114 | | | 1,209 | | | 10,323 | | | (342) | | | 2019 | | 2021 | | 17907 Figueroa Street | | Los Angeles, CA | | — | | | 18,065 | | | 1,829 | | | 19,898 | | | 18,065 | | | 21,727 | | | 39,792 | | | (210) | | | 1954 - 1960 / 2025 | | 2021 | | 7817 Woodley Avenue | | Van Nuys, CA | | 2,609 | | | 5,496 | | | 4,615 | | | 208 | | | 5,496 | | | 4,823 | | | 10,319 | | | (928) | | | 1960 | | 2021 | | 8888-8992 Balboa Avenue | | San Diego, CA | | — | | | 20,033 | | | — | | | 26,466 | | | 20,033 | | | 26,466 | | | 46,499 | | | (1,241) | | | 1967 / 2024 | | 2021 | | 9920-10020 Pioneer Blvd | | Santa Fe Springs, CA | | — | | | 21,345 | | | 2,118 | | | 34,832 | | | 21,345 | | | 36,950 | | | 58,295 | | | (1,734) | | | 1973 - 1978 / 2024 | | 2021 | | 6655 East 26th Street | | Commerce, CA | | — | | | 5,195 | | | 1,780 | | | 570 | | | 5,195 | | | 2,350 | | | 7,545 | | | (491) | | | 1965 | | 2021 | | 560 Main Street | | Orange, CA | | — | | | 2,660 | | | 432 | | | 476 | | | 2,660 | | | 908 | | | 3,568 | | | (237) | | | 1973 | | 2021 | | 4225 Etiwanda Avenue | | Jurupa Valley, CA | | — | | | 16,287 | | | 15,537 | | | 1,618 | | | 16,287 | | | 17,155 | | | 33,442 | | | (3,268) | | | 1998 | | 2021 | | 12118 Bloomfield Avenue | | Santa Fe Springs, CA | | — | | | 16,809 | | | — | | | 24,484 | | | 16,809 | | | 24,484 | | | 41,293 | | | (4) | | | 1955 / 2025 | | 2021 | | 256 Alondra Blvd | | Carson, CA | | — | | | 10,377 | | | 371 | | | 250 | | | 10,377 | | | 621 | | | 10,998 | | | (285) | | | 1954 | | 2021 |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Initial Cost | | Costs Capitalized Subsequent to Acquisition(1) | | Gross Amounts at Which Carried at Close of Period | | | | | | | | Property Address | | Location | | Encumbrances | | Land | | Building and Improvements | | Building and Improvements | | Land | | Building & Improvements | | Total | | Accumulated Depreciation (2) | | Year Build / Year Renovated | | Year Acquired | | 19007 Reyes Avenue | | Rancho Dominguez, CA | | — | | | 16,673 | | | — | | | 2,329 | | | 16,673 | | | 2,329 | | | 19,002 | | | (312) | | | 1969 / 2021 | | 2021 | | 19431 Santa Fe Avenue | | Rancho Dominguez, CA | | — | | | 10,066 | | | 638 | | | 2,817 | | | 10,066 | | | 3,455 | | | 13,521 | | | (438) | | | 1963 / 2023 | | 2021 | | 4621 Guasti Road | | Ontario, CA | | — | | | 8,198 | | | 5,231 | | | 507 | | | 8,198 | | | 5,738 | | | 13,936 | | | (1,181) | | | 1988 | | 2021 | | 12838 Saticoy Street | | North Hollywood, CA | | — | | | 25,550 | | | 2,185 | | | — | | | 25,550 | | | 2,185 | | | 27,735 | | | (777) | | | 1954 | | 2021 | | 19951 Mariner Avenue | | Torrance, CA | | — | | | 17,009 | | | 7,674 | | | (2,373) | | | 17,009 | | | 5,301 | | | 22,310 | | | (825) | | | 1986 | | 2021 | | 2425-2535 East 12th Street | | Los Angeles, CA | | — | | | 48,409 | | | 40,756 | | | 10,655 | | | 48,409 | | | 51,411 | | | 99,820 | | | (8,528) | | | 1988 | | 2021 | | 29120 Commerce Center Drive | | Valencia, CA | | — | | | 11,121 | | | 15,799 | | | 3,671 | | | 11,121 | | | 19,470 | | | 30,591 | | | (3,196) | | | 2002 / 2025 | | 2021 | | 20304 Alameda Street | | Rancho Dominguez, CA | | — | | | 11,987 | | | 1,663 | | | 85 | | | 11,987 | | | 1,748 | | | 13,735 | | | (478) | | | 1974 | | 2021 | | 4181 Ruffin Road | | San Diego, CA | | — | | | 30,395 | | | 3,530 | | | 1,498 | | | 30,395 | | | 5,028 | | | 35,423 | | | (1,454) | | | 1987 | | 2021 | | 12017 Greenstone Avenue | | Santa Fe Springs, CA | | — | | | 13,408 | | | 205 | | | 4,422 | | | 13,408 | | | 4,627 | | | 18,035 | | | (357) | | | n/a | | 2021 | | 1901 Via Burton | | Fullerton, CA | | — | | | 24,461 | | | — | | | 24,224 | | | 24,461 | | | 24,224 | | | 48,685 | | | (1,348) | | | 1960 / 2024 | | 2021 | | 1555 Cucamonga Avenue | | Ontario, CA | | — | | | 20,153 | | | 2,134 | | | 343 | | | 20,153 | | | 2,477 | | | 22,630 | | | (854) | | | 1973 | | 2021 | | 1800 Lomita Blvd | | Wilmington, CA | | — | | | 89,711 | | | 542 | | | 360 | | | 89,711 | | | 902 | | | 90,613 | | | (442) | | | n/a | | 2021 | | 8240 Haskell Avenue | | Van Nuys, CA | | — | | | 4,822 | | | 3,682 | | | — | | | 4,822 | | | 3,682 | | | 8,504 | | | (529) | | | 1962 - 1964 / 2023 | | 2021 | | 3100 Lomita Blvd | | Torrance, CA | | — | | | 124,313 | | | 65,282 | | | (115) | | | 124,313 | | | 65,167 | | | 189,480 | | | (16,159) | | | 1967 - 1998 | | 2021 | | 2401-2421 Glassell Street | | Orange, CA | | — | | | 54,554 | | | 16,599 | | | (2,825) | | | 54,554 | | | 13,774 | | | 68,328 | | | (2,386) | | | 1987 | | 2021 | | 2390-2444 American Way | | Orange, CA | | — | | | 17,214 | | | — | | | 21,734 | | | 17,214 | | | 21,734 | | | 38,948 | | | (1,324) | | | 2024 | | 2021 | | 500 Dupont Avenue | | Ontario, CA | | — | | | 36,810 | | | 26,489 | | | 13,776 | | | 36,810 | | | 40,265 | | | 77,075 | | | (2,771) | | | 1987 / 2024 | | 2021 | | 1801 St Andrew Place | | Santa Ana, CA | | — | | | 75,978 | | | 24,522 | | | 2,735 | | | 75,978 | | | 27,257 | | | 103,235 | | | (7,225) | | | 1987 | | 2021 | | 5772 Jurupa Street | | Ontario, CA | | — | | | 36,590 | | | 20,010 | | | 55 | | | 36,590 | | | 20,065 | | | 56,655 | | | (3,785) | | | 1992 | | 2021 | | 2500 Victoria Street | | Los Angeles, CA | | — | | | 232,902 | | | — | | | — | | | 232,902 | | | — | | | 232,902 | | | — | | | n/a | | 2021 | | 1010 Belmont Street | | Ontario, CA | | — | | | 9,078 | | | 5,751 | | | 395 | | | 9,078 | | | 6,146 | | | 15,224 | | | (1,050) | | | 1987 | | 2021 | | 21515 Western Avenue | | Torrance, CA | | — | | | 19,280 | | | — | | | 24,139 | | | 19,280 | | | 24,139 | | | 43,419 | | | (150) | | | 1991 / 2025 | | 2021 | | 12027 Greenstone Avenue | | Santa Fe Springs, CA | | — | | | 8,952 | | | 469 | | | 726 | | | 8,952 | | | 1,195 | | | 10,147 | | | (207) | | | 1975 | | 2021 | | 6027 Eastern Avenue | | Commerce, CA | | — | | | 23,494 | | | — | | | 28,110 | | | 23,494 | | | 28,110 | | | 51,604 | | | (172) | | | 1946 / 2025 | | 2021 | | 340-344 Bonnie Circle | | Corona, CA | | — | | | 18,044 | | | 9,506 | | | 660 | | | 18,044 | | | 10,166 | | | 28,210 | | | (1,783) | | | 1994 | | 2021 |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Initial Cost | | Costs Capitalized Subsequent to Acquisition(1) | | Gross Amounts at Which Carried at Close of Period | | | | | | | | Property Address | | Location | | Encumbrances | | Land | | Building and Improvements | | Building and Improvements | | Land | | Building & Improvements | | Total | | Accumulated Depreciation (2) | | Year Build / Year Renovated | | Year Acquired | | 14100 Vine Place | | Cerritos, CA | | — | | | 40,458 | | | 8,660 | | | 3,947 | | | 40,458 | | | 12,607 | | | 53,065 | | | (2,271) | | | 1979 / 2022 | | 2021 | | 2280 Ward Avenue | | Simi Valley, CA | | — | | | 23,301 | | | 24,832 | | | 1,193 | | | 23,301 | | | 26,025 | | | 49,326 | | | (4,698) | | | 1995 | | 2021 | | 20481 Crescent Bay Drive | | Lake Forest, CA | | — | | | 16,164 | | | 6,054 | | | 3 | | | 16,164 | | | 6,057 | | | 22,221 | | | (1,145) | | | 1996 | | 2021 | | 334 El Encanto Road | | City of Industry, CA | | — | | | 9,227 | | | 1,272 | | | 241 | | | 9,227 | | | 1,513 | | | 10,740 | | | (348) | | | 1960 | | 2021 | | 17031-17037 Green Drive | | City of Industry, CA | | — | | | 10,781 | | | 3,302 | | | 851 | | | 10,781 | | | 4,153 | | | 14,934 | | | (868) | | | 1968 / 2024 | | 2021 | | 13512 Marlay Avenue | | Fontana, CA | | — | | | 37,018 | | | 15,365 | | | 218 | | | 37,018 | | | 15,583 | | | 52,601 | | | (2,941) | | | 1960 | | 2021 | | 14940 Proctor Road | | City of Industry, CA | | — | | | 28,861 | | | — | | | 25,409 | | | 28,861 | | | 25,409 | | | 54,270 | | | (9) | | | 1962 | | 2021 | | 2800 Casitas Avenue | | Los Angeles, CA | | — | | | 33,154 | | | 10,833 | | | 9,887 | | | 33,154 | | | 20,720 | | | 53,874 | | | (2,303) | | | 1999 / 2023 | | 2021 | | 4240 190th Street | | Torrance, CA | | — | | | 67,982 | | | 9,882 | | | 212 | | | 67,982 | | | 10,094 | | | 78,076 | | | (2,049) | | | 1966 | | 2021 | | 2391-2393 Bateman Avenue | | Irwindale, CA | | — | | | 13,363 | | | 9,811 | | | 112 | | | 13,363 | | | 9,923 | | | 23,286 | | | (1,562) | | | 2005 | | 2021 | | 1168 Sherborn Street | | Corona, CA | | — | | | 13,747 | | | 9,796 | | | 7 | | | 13,747 | | | 9,803 | | | 23,550 | | | (1,555) | | | 2004 | | 2021 | | 3071 Coronado Street | | Anaheim, CA | | — | | | 29,862 | | | — | | | 17,759 | | | 29,862 | | | 17,759 | | | 47,621 | | | (1,383) | | | 1973 / 2024 | | 2021 | | 8911 Aviation Blvd | | Los Angeles, CA | | — | | | 27,138 | | | 4,780 | | | 643 | | | 27,138 | | | 5,423 | | | 32,561 | | | (1,113) | | | 1971 | | 2021 | | 1020 Bixby Drive | | City of Industry, CA | | — | | | 10,067 | | | 6,046 | | | 3,264 | | | 10,067 | | | 9,310 | | | 19,377 | | | (907) | | | 1977 / 2024 | | 2021 | | 444 Quay Avenue | | Los Angeles, CA | | — | | | 10,926 | | | — | | | 9,931 | | | 10,926 | | | 9,931 | | | 20,857 | | | (831) | | | 1992 / 2024 | | 2022 | | 18455 Figueroa Street | | Los Angeles, CA | | — | | | 57,186 | | | 7,420 | | | (29,706) | | | 31,275 | | | 3,625 | | | 34,900 | | | — | | | 1978 | | 2022 | | 24903 Avenue Kearny | | Santa Clarita, CA | | — | | | 22,468 | | | 34,074 | | | 325 | | | 22,468 | | | 34,399 | | | 56,867 | | | (5,345) | | | 1988 | | 2022 | | 19475 Gramercy Place | | Torrance, CA | | — | | | 9,753 | | | 1,678 | | | 1,733 | | | 9,753 | | | 3,411 | | | 13,164 | | | (555) | | | 1982 / 2022 | | 2022 | | 14005 Live Oak Avenue | | Irwindale, CA | | — | | | 20,387 | | | 4,324 | | | (10,211) | | | 12,432 | | | 2,068 | | | 14,500 | | | — | | | 1992 | | 2022 | | 13700-13738 Slover Avenue | | Fontana, CA | | — | | | 14,457 | | | — | | | 18 | | | 13,779 | | | 696 | | | 14,475 | | | — | | | 1982 | | 2022 | | Meggitt Simi Valley | | Simi Valley, CA | | — | | | 32,102 | | | 26,338 | | | — | | | 32,102 | | | 26,338 | | | 58,440 | | | (4,195) | | | 1984 / 2005 | | 2022 | | 21415-21605 Plummer Street | | Chatsworth, CA | | — | | | 33,119 | | | 4,724 | | | 1,623 | | | 33,119 | | | 6,347 | | | 39,466 | | | (1,572) | | | 1986 | | 2022 | | 1501-1545 Rio Vista Avenue | | Los Angeles, CA | | — | | | 16,138 | | | 11,951 | | | 874 | | | 16,138 | | | 12,825 | | | 28,963 | | | (2,121) | | | 2003 | | 2022 | | 17011-17027 Central Avenue | | Carson, CA | | — | | | 22,235 | | | 8,241 | | | — | | | 22,235 | | | 8,241 | | | 30,476 | | | (1,278) | | | 1979 | | 2022 | | 2843 Benet Road | | Oceanside, CA | | — | | | 3,459 | | | 11,559 | | | — | | | 3,459 | | | 11,559 | | | 15,018 | | | (1,662) | | | 1987 | | 2022 | | 14243 Bessemer Street | | Van Nuys, CA | | — | | | 5,229 | | | 1,807 | | | — | | | 5,229 | | | 1,807 | | | 7,036 | | | (292) | | | 1987 | | 2022 | | 2970 East 50th Street | | Vernon, CA | | — | | | — | | | 6,082 | | | — | | | — | | | 6,082 | | | 6,082 | | | (921) | | | 1949 | | 2022 |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Initial Cost | | Costs Capitalized Subsequent to Acquisition(1) | | Gross Amounts at Which Carried at Close of Period | | | | | | | | Property Address | | Location | | Encumbrances | | Land | | Building and Improvements | | Building and Improvements | | Land | | Building & Improvements | | Total | | Accumulated Depreciation (2) | | Year Build / Year Renovated | | Year Acquired | | 19900 Plummer Street | | Chatsworth, CA | | — | | | 13,845 | | | 890 | | | 16,852 | | | 13,845 | | | 17,742 | | | 31,587 | | | (2) | | | 1983 / 2025 | | 2022 | | Long Beach Business Park | | Long Beach, CA | | — | | | 21,664 | | | 2,960 | | | 1,325 | | | 21,664 | | | 4,285 | | | 25,949 | | | (929) | | | 1973 - 1976 | | 2022 | | 13711 Freeway Drive | | Santa Fe Springs, CA | | — | | | 34,175 | | | 892 | | | (16,717) | | | 16,498 | | | 1,852 | | | 18,350 | | | — | | | 1963 | | 2022 | | 6245 Providence Way | | Eastvale, CA | | — | | | 6,075 | | | 3,777 | | | 145 | | | 6,075 | | | 3,922 | | | 9,997 | | | (648) | | | 2018 | | 2022 | | 7815 Van Nuys Blvd | | Panorama City, CA | | — | | | 19,837 | | | 6,450 | | | 110 | | | 19,837 | | | 6,560 | | | 26,397 | | | (40) | | | 1960 | | 2022 | | 13535 Larwin Circle | | Santa Fe Springs, CA | | — | | | 14,580 | | | 2,750 | | | 101 | | | 14,580 | | | 2,851 | | | 17,431 | | | (533) | | | 1987 | | 2022 | | 1154 Holt Blvd | | Ontario, CA | | — | | | 7,222 | | | 7,009 | | | 19 | | | 7,222 | | | 7,028 | | | 14,250 | | | (991) | | | 2021 | | 2022 | | 900-920 Allen Avenue | | Glendale, CA | | — | | | 20,499 | | | 6,176 | | | 250 | | | 20,499 | | | 6,426 | | | 26,925 | | | (1,109) | | | 1942 - 1995 | | 2022 | | 1550-1600 Champagne Avenue | | Ontario, CA | | — | | | 29,768 | | | 19,702 | | | 1,102 | | | 29,768 | | | 20,804 | | | 50,572 | | | (3,042) | | | 1989 | | 2022 | | 10131 Banana Avenue | | Fontana, CA | | — | | | 25,795 | | | 1,248 | | | 607 | | | 25,795 | | | 1,855 | | | 27,650 | | | (548) | | | n/a | | 2022 | | 2020 Central Avenue | | Compton, CA | | — | | | 11,402 | | | 676 | | | 52 | | | 11,402 | | | 728 | | | 12,130 | | | (240) | | | 1972 | | 2022 | | 14200-14220 Arminta Street | | Panorama, CA | | — | | | 50,184 | | | 33,691 | | | 30 | | | 50,184 | | | 33,721 | | | 83,905 | | | (4,915) | | | 2006 | | 2022 | | 1172 Holt Blvd | | Ontario, CA | | — | | | 9,439 | | | 8,504 | | | 90 | | | 9,439 | | | 8,594 | | | 18,033 | | | (1,249) | | | 2021 | | 2022 | | 1500 Raymond Avenue | | Fullerton, CA | | — | | | 46,117 | | | — | | | 32,152 | | | 46,117 | | | 32,152 | | | 78,269 | | | — | | | 2025 | | 2022 | | 2400 Marine Avenue | | Redondo Beach, CA | | — | | | 21,686 | | | 7,290 | | | 526 | | | 21,686 | | | 7,816 | | | 29,502 | | | (1,255) | | | 1964 | | 2022 | | 14434-14527 San Pedro Street | | Los Angeles, CA | | — | | | 50,239 | | | 1,985 | | | 21,825 | | | 50,239 | | | 23,810 | | | 74,049 | | | (107) | | | 1971 / 2025 | | 2022 | | 20900 Normandie Avenue | | Torrance, CA | | — | | | 26,136 | | | 13,942 | | | 2,290 | | | 26,136 | | | 16,232 | | | 42,368 | | | (2,154) | | | 2001 | | 2022 | | 15771 Red Hill Avenue | | Tustin, CA | | — | | | 31,853 | | | 8,431 | | | 897 | | | 31,853 | | | 9,328 | | | 41,181 | | | (2,103) | | | 1979 / 2016 | | 2022 | | 14350 Arminta Street | | Panorama City, CA | | — | | | 5,715 | | | 2,880 | | | 793 | | | 5,715 | | | 3,673 | | | 9,388 | | | (437) | | | 2006 | | 2022 | | 29125 Avenue Paine | | Valencia, CA | | — | | | 20,388 | | | 24,125 | | | 4,901 | | | 20,388 | | | 29,026 | | | 49,414 | | | (3,823) | | | 2006 / 2025 | | 2022 | | 3935-3949 Heritage Oak Court | | Simi Valley, CA | | — | | | 23,693 | | | 33,149 | | | 6,213 | | | 23,693 | | | 39,362 | | | 63,055 | | | (4,773) | | | 1999 / 2025 | | 2022 | | 620 Anaheim Street | | Los Angeles, CA | | — | | | 15,550 | | | 2,230 | | | 736 | | | 15,550 | | | 2,966 | | | 18,516 | | | (467) | | | 1984 | | 2022 | | 400 Rosecrans Avenue | | Gardena, CA | | — | | | 8,642 | | | — | | | 439 | | | 8,642 | | | 439 | | | 9,081 | | | — | | | 1967 | | 2022 | | 3547-3555 Voyager Street | | Torrance, CA | | — | | | 19,809 | | | 924 | | | 9,359 | | | 19,809 | | | 10,283 | | | 30,092 | | | (48) | | | 1986 | | 2022 | | 6996-7044 Bandini Blvd | | Commerce, CA | | — | | | 39,403 | | | 1,574 | | | — | | | 39,403 | | | 1,574 | | | 40,977 | | | (356) | | | 1968 | | 2022 | | 4325 Etiwanda Avenue | | Jurupa Valley, CA | | — | | | 31,286 | | | 18,730 | | | 3,077 | | | 31,286 | | | 21,807 | | | 53,093 | | | (2,696) | | | 1998 | | 2022 | | Merge-West | | Eastvale, CA | | — | | | 251,443 | | | 206,055 | | | 1,674 | | | 251,443 | | | 207,729 | | | 459,172 | | | (27,943) | | | 2022 | | 2022 | | 6000-6052 & 6027-6029 Bandini Blvd | | Commerce, CA | | — | | | 69,162 | | | 25,490 | | | 754 | | | 69,162 | | | 26,244 | | | 95,406 | | | (3,938) | | | 2016 | | 2022 |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Initial Cost | | Costs Capitalized Subsequent to Acquisition(1) | | Gross Amounts at Which Carried at Close of Period | | | | | | | | Property Address | | Location | | Encumbrances | | Land | | Building and Improvements | | Building and Improvements | | Land | | Building & Improvements | | Total | | Accumulated Depreciation (2) | | Year Build / Year Renovated | | Year Acquired | | 3901 Via Oro Avenue | | Long Beach, CA | | — | | | 18,519 | | | 953 | | | (9,222) | | | 9,360 | | | 890 | | | 10,250 | | | — | | | 1983 | | 2022 | | 15650 Don Julian Road | | City of Industry, CA | | — | | | 9,867 | | | 5,818 | | | 824 | | | 9,867 | | | 6,642 | | | 16,509 | | | (929) | | | 2003 | | 2022 | | 15700 Don Julian Road | | City of Industry, CA | | — | | | 10,252 | | | 5,996 | | | 574 | | | 10,252 | | | 6,570 | | | 16,822 | | | (949) | | | 2001 | | 2022 | | 17000 Gale Avenue | | City of Industry, CA | | — | | | 7,190 | | | 4,929 | | | 609 | | | 7,190 | | | 5,538 | | | 12,728 | | | (808) | | | 2008 | | 2022 | | 17909 & 17929 Susana Road | | Compton, CA | | — | | | 26,786 | | | — | | | 1,744 | | | 26,786 | | | 1,744 | | | 28,530 | | | (3) | | | 1970 - 1973 | | 2022 | | 2880 Ana Street | | Rancho Dominguez, CA | | — | | | 34,987 | | | — | | | 6,720 | | | 34,987 | | | 6,720 | | | 41,707 | | | (385) | | | 1970 / 2024 | | 2022 | | 920 Pacific Coast Highway | | Wilmington, CA | | — | | | 80,121 | | | 21,516 | | | 282 | | | 80,121 | | | 21,798 | | | 101,919 | | | (2,863) | | | 1954 | | 2022 | | 21022 & 21034 Figueroa Street | | Carson, CA | | — | | | 15,551 | | | 8,871 | | | 1,149 | | | 15,551 | | | 10,020 | | | 25,571 | | | (1,248) | | | 2002 | | 2022 | | 13301 Main Street | | Los Angeles, CA | | — | | | 40,434 | | | 11,915 | | | 14 | | | 40,434 | | | 11,929 | | | 52,363 | | | (1,578) | | | 1989 | | 2022 | | 20851 Currier Road | | City of Industry, CA | | — | | (3) | 12,549 | | | 9,471 | | | 2,667 | | | 12,549 | | | 12,138 | | | 24,687 | | | (1,251) | | | 1999 / 2023 | | 2022 | | 3131 Harcourt Street & 18031 Susana Road | | Compton, CA | | — | | | 26,268 | | | 1,419 | | | 11,886 | | | 26,268 | | | 13,305 | | | 39,573 | | | (143) | | | 1970 / 2025 | | 2022 | | 14400 Figueroa Street | | Los Angeles, CA | | — | | | 43,929 | | | 6,011 | | | 9,729 | | | 43,929 | | | 15,740 | | | 59,669 | | | (84) | | | 1967 | | 2022 | | 2130-2140 Del Amo Blvd | | Carson, CA | | — | | | 35,494 | | | 5,246 | | | 1,206 | | | 35,494 | | | 6,452 | | | 41,946 | | | (934) | | | 1980 | | 2022 | | 19145 Gramercy Place | | Torrance, CA | | — | | | 32,965 | | | 5,894 | | | — | | | 32,965 | | | 5,894 | | | 38,859 | | | (1,131) | | | 1977 | | 2022 | | 20455 Reeves Avenue | | Carson, CA | | — | | | 40,291 | | | 6,050 | | | 419 | | | 40,291 | | | 6,469 | | | 46,760 | | | (971) | | | 1982 | | 2022 | | 14874 Jurupa Avenue | | Fontana, CA | | — | | | 29,738 | | | 29,627 | | | 23 | | | 29,738 | | | 29,650 | | | 59,388 | | | (3,417) | | | 2019 | | 2022 | | 10660 Mulberry Avenue | | Fontana, CA | | — | | | 8,744 | | | 3,024 | | | 469 | | | 8,744 | | | 3,493 | | | 12,237 | | | (476) | | | 1990 | | 2022 | | 755 Trademark Circle | | Corona, CA | | — | | | 5,685 | | | 4,910 | | | 20 | | | 5,685 | | | 4,930 | | | 10,615 | | | (600) | | | 2001 | | 2022 | | 4500 Azusa Canyon Road | | Irwindale, CA | | — | | | 35,173 | | | 4,991 | | | 738 | | | 35,173 | | | 5,729 | | | 40,902 | | | (923) | | | 1950 | | 2022 | | 7817 Haskell Avenue | | Van Nuys, CA | | — | | | 10,565 | | | 976 | | | 46 | | | 10,565 | | | 1,022 | | | 11,587 | | | (255) | | | 1960 | | 2022 | | 16752 Armstrong Avenue | | Irvine, CA | | — | | | 29,662 | | | 8,699 | | | 60 | | | 29,662 | | | 8,759 | | | 38,421 | | | (2,188) | | | 1970/2012 | | 2023 | | 10545 Production Avenue | | Fontana, CA | | — | | | 215,378 | | | 149,927 | | | 99 | | | 215,378 | | | 150,026 | | | 365,404 | | | (17,299) | | | 2006 | | 2023 | | 3520 Challenger Street | | Torrance, CA | | — | | | 11,616 | | | 1,859 | | | 8 | | | 11,616 | | | 1,867 | | | 13,483 | | | (669) | | | 1990 | | 2023 | | 9000 Airport Blvd | | Los Angeles, CA | | — | | | 139,564 | | | 4,976 | | | 2,882 | | | 139,564 | | | 7,858 | | | 147,422 | | | (1,306) | | | 1981 | | 2023 | | 9223 Balboa Avenue | | San Diego, CA | | — | | | 50,919 | | | 97,621 | | | 9 | | | 50,919 | | | 97,630 | | | 148,549 | | | (10,438) | | | 2020 | | 2023 | | 9323 Balboa Avenue | | San Diego, CA | | — | | | 27,254 | | | — | | | 2,167 | | | 27,254 | | | 2,167 | | | 29,421 | | | (23) | | | 1978-1980 | | 2023 | | 4285 Ponderosa Avenue | | San Diego, CA | | — | | | 16,495 | | | 8,207 | | | 7 | | | 16,495 | | | 8,214 | | | 24,709 | | | (981) | | | 1969 | | 2023 |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Initial Cost | | Costs Capitalized Subsequent to Acquisition(1) | | Gross Amounts at Which Carried at Close of Period | | | | | | | | Property Address | | Location | | Encumbrances | | Land | | Building and Improvements | | Building and Improvements | | Land | | Building & Improvements | | Total | | Accumulated Depreciation (2) | | Year Build / Year Renovated | | Year Acquired | | 13925 Benson Avenue | | Chino, CA | | — | | | 26,442 | | | 1,446 | | | 1,070 | | | 26,442 | | | 2,516 | | | 28,958 | | | (319) | | | 1989 | | 2023 | | 19301 Santa Fe Avenue | | Rancho Dominguez, CA | | — | | | 14,899 | | | — | | | 7,124 | | | 14,899 | | | 7,124 | | | 22,023 | | | (1) | | | 1954 / 1989, 2025 | | 2023 | | 2395-2399 Bateman Avenue | | Irwindale, CA | | — | | | 28,663 | | | 12,964 | | | 4,707 | | | 28,663 | | | 17,671 | | | 46,334 | | | (1,838) | | | 2022 | | 2023 | | 27712 & 27756 Avenue Mentry | | Santa Clarita, CA | | — | | | 20,084 | | | 36,540 | | | 24 | | | 20,084 | | | 36,564 | | | 56,648 | | | (3,414) | | | 1988 | | 2023 | | 422 Rosecrans Avenue | | Gardena, CA | | — | | | 3,067 | | | — | | | — | | | 3,067 | | | — | | | 3,067 | | | — | | | 1968 | | 2023 | | 14650 Hoover Street | | Westminster, CA | | — | | | 13,814 | | | 8,721 | | | 880 | | | 13,814 | | | 9,601 | | | 23,415 | | | (881) | | | 2001 | | 2023 | | 5630 Cerritos Avenue | | Cypress, CA | | — | | | 16,635 | | | 6,103 | | | 4 | | | 16,635 | | | 6,107 | | | 22,742 | | | (663) | | | 1989 | | 2023 | | 9400-9500 Santa Fe Springs Road | | Santa Fe Springs, CA | | — | | | 132,157 | | | 67,189 | | | 1,608 | | | 132,157 | | | 68,797 | | | 200,954 | | | (6,667) | | | 1980/1990 | | 2023 | | 2500 Thompson Street | | Long Beach, CA | | — | | | 19,567 | | | 5,268 | | | 16 | | | 19,567 | | | 5,284 | | | 24,851 | | | (622) | | | 1970 | | 2023 | | 15801 West 1st Street | | Irwindale, CA | | — | | | 142,497 | | | 31,453 | | | — | | | 142,497 | | | 31,453 | | | 173,950 | | | (3,489) | | | 1977/1980 | | 2023 | | 600-708 Vermont Avenue | | Anaheim, CA | | — | | | 57,394 | | | — | | | (16,394) | | | 39,988 | | | 1,012 | | | 41,000 | | | — | | | 1960 | | 2023 | | 11234 Rush Street | | South El Monte, CA | | — | | | 12,737 | | | — | | | 18,024 | | | 12,737 | | | 18,024 | | | 30,761 | | | — | | | 1960 | | 2023 | | 5000 & 5010 Azusa Canyon Rd | | Irwindale, CA | | — | | | 44,779 | | | 34,691 | | | 284 | | | 44,779 | | | 34,975 | | | 79,754 | | | (2,790) | | | 2022 | | 2024 | | 9028 Dice Road | | Santa Fe Springs, CA | | — | | | 40,265 | | | 7,629 | | | 4 | | | 40,265 | | | 7,633 | | | 47,898 | | | (696) | | | 1978 | | 2024 | | 1217 Saint Gertrude Place | | Santa Ana, CA | | — | | | 21,996 | | | 3,423 | | | 4 | | | 21,996 | | | 3,427 | | | 25,423 | | | (414) | | | 1961 | | 2024 | | 9140 Lurline Avenue | | Chatsworth, CA | | — | | | 34,508 | | | 10,743 | | | 4 | | | 34,508 | | | 10,747 | | | 45,255 | | | (952) | | | 1974 | | 2024 | | 1500 Walnut Avenue | | Fullerton, CA | | — | | | 28,672 | | | 17,014 | | | (192) | | | 28,672 | | | 16,822 | | | 45,494 | | | (1,175) | | | 2022 | | 2024 | | 4141 Palm Street | | Fullerton, CA | | — | | | 19,494 | | | 2,563 | | | 379 | | | 19,494 | | | 2,942 | | | 22,436 | | | (336) | | | 1981 | | 2024 | | 14407 Alondra Blvd | | La Mirada, CA | | — | | | 44,554 | | | 27,470 | | | 213 | | | 44,554 | | | 27,683 | | | 72,237 | | | (2,041) | | | 1976 | | 2024 | | 7149 Fair Avenue | | North Hollywood, CA | | — | | | 7,420 | | | 2,706 | | | 279 | | | 7,420 | | | 2,985 | | | 10,405 | | | (235) | | | 1969 | | 2024 | | 7119 Fair Avenue | | North Hollywood, CA | | — | | | 3,846 | | | 2,350 | | | 121 | | | 3,846 | | | 2,471 | | | 6,317 | | | (176) | | | 1969 | | 2024 | | 7118 Fair Avenue | | North Hollywood, CA | | — | | | 3,779 | | | 2,626 | | | 16 | | | 3,779 | | | 2,642 | | | 6,421 | | | (198) | | | 1969 | | 2024 | | 7103 Fair Avenue | | North Hollywood, CA | | — | | | 3,513 | | | 1,610 | | | 407 | | | 3,513 | | | 2,017 | | | 5,530 | | | (131) | | | 1969 | | 2024 | | 7101 Fair Avenue | | North Hollywood, CA | | — | | | 6,655 | | | 3,319 | | | 62 | | | 6,655 | | | 3,381 | | | 10,036 | | | (257) | | | 1969 | | 2024 |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Initial Cost | | Costs Capitalized Subsequent to Acquisition(1) | | Gross Amounts at Which Carried at Close of Period | | | | | | | | Property Address | | Location | | Encumbrances | | Land | | Building and Improvements | | Building and Improvements | | Land | | Building & Improvements | | Total | | Accumulated Depreciation (2) | | Year Build / Year Renovated | | Year Acquired | | 7100 Fair Avenue | | North Hollywood, CA | | — | | | 3,864 | | | 1,488 | | | — | | | 3,864 | | | 1,488 | | | 5,352 | | | (127) | | | 1969 | | 2024 | | 11166 Gault Street | | North Hollywood, CA | | — | | | 3,967 | | | 1,845 | | | 689 | | | 3,967 | | | 2,534 | | | 6,501 | | | (165) | | | 1970 | | 2024 | | 11150 Gault Way | | North Hollywood, CA | | — | | | 3,807 | | | 2,212 | | | 1,006 | | | 3,807 | | | 3,218 | | | 7,025 | | | (175) | | | 1970 | | 2024 | | 11128 Gault Street | | North Hollywood, CA | | — | | | 6,657 | | | 2,754 | | | 14 | | | 6,657 | | | 2,768 | | | 9,425 | | | (232) | | | 1970 | | 2024 | | 7100 Case Avenue | | North Hollywood, CA | | — | | | 6,753 | | | 4,030 | | | 98 | | | 6,753 | | | 4,128 | | | 10,881 | | | (308) | | | 1970 | | 2024 | | 7121 Case Avenue | | North Hollywood, CA | | — | | | 3,768 | | | 2,171 | | | 32 | | | 3,768 | | | 2,203 | | | 5,971 | | | (166) | | | 1969 | | 2024 | | 11120 Sherman Way | | Sun Valley, CA | | — | | | 6,100 | | | 2,582 | | | 4 | | | 6,100 | | | 2,586 | | | 8,686 | | | (218) | | | 1970 | | 2024 | | 11130 Sherman Way | | Sun Valley, CA | | — | | | 5,125 | | | 1,953 | | | 5 | | | 5,125 | | | 1,958 | | | 7,083 | | | (168) | | | 1969 | | 2024 | | 11156 Sherman Way | | Sun Valley, CA | | — | | | 5,865 | | | 2,216 | | | 34 | | | 5,865 | | | 2,250 | | | 8,115 | | | (193) | | | 1969 | | 2024 | | 7101 Case Avenue | | North Hollywood, CA | | — | | | 4,012 | | | 1,334 | | | 1,486 | | | 4,012 | | | 2,820 | | | 6,832 | | | (120) | | | 1969 | | 2024 | | 25172 Arctic Ocean Drive | | Lake Forest, CA | | — | | | 12,744 | | | 2,227 | | | 217 | | | 12,744 | | | 2,444 | | | 15,188 | | | (236) | | | 1998 | | 2024 | | 20512 Crescent Bay | | Lake Forest, CA | | — | | | 7,140 | | | 1,723 | | | 204 | | | 7,140 | | | 1,927 | | | 9,067 | | | (175) | | | 1998 | | 2024 | | 20492 Crescent Bay | | Lake Forest, CA | | — | | | 11,561 | | | 2,819 | | | 1,227 | | | 11,561 | | | 4,046 | | | 15,607 | | | (270) | | | 1998 | | 2024 | | 20472 Crescent Bay | | Lake Forest, CA | | — | | | 7,640 | | | 1,929 | | | 250 | | | 7,640 | | | 2,179 | | | 9,819 | | | (196) | | | 1998 | | 2024 | | 20532 Crescent Bay | | Lake Forest, CA | | — | | | 5,991 | | | 1,102 | | | 169 | | | 5,991 | | | 1,271 | | | 7,262 | | | (146) | | | 1998 | | 2024 | | 1212 Howell Avenue | | Anaheim, CA | | — | | | 6,503 | | | 1,119 | | | 120 | | | 6,503 | | | 1,239 | | | 7,742 | | | (112) | | | 1992 | | 2024 | | 1222 Howell Avenue | | Anaheim, CA | | — | | | 20,529 | | | 4,781 | | | 689 | | | 20,529 | | | 5,470 | | | 25,999 | | | (445) | | | 1968 | | 2024 | | 200 Boysenberry Lane | | Placentia, CA | | — | | | 52,847 | | | 8,160 | | | 3 | | | 52,847 | | | 8,163 | | | 61,010 | | | (775) | | | 1985 | | 2024 | | 10712-10748 Bloomfield Avenue | | Santa Fe Springs, CA | | — | | | 16,882 | | | 3,754 | | | 326 | | | 16,882 | | | 4,080 | | | 20,962 | | | (405) | | | 1990 | | 2024 | | 12932-12958 Midway Place | | Cerritos, CA | | — | | | 35,276 | | | 15,012 | | | 139 | | | 35,276 | | | 15,151 | | | 50,427 | | | (1,223) | | | 1980 | | 2024 | | 2910 Pacific Commerce Drive East | | Rancho Dominguez, CA | | — | | | 40,056 | | | 6,333 | | | 47 | | | 40,056 | | | 6,380 | | | 46,436 | | | (631) | | | 1985 | | 2024 |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Initial Cost | | Costs Capitalized Subsequent to Acquisition(1) | | Gross Amounts at Which Carried at Close of Period | | | | | | | | Property Address | | Location | | Encumbrances | | Land | | Building and Improvements | | Building and Improvements | | Land | | Building & Improvements | | Total | | Accumulated Depreciation (2) | | Year Build / Year Renovated | | Year Acquired | | 1715 West 132nd Street | | Gardena, CA | | — | | | 4,677 | | | 727 | | | 946 | | | 4,677 | | | 1,673 | | | 6,350 | | | (85) | | | 1971 | | 2024 | | 4115 Schaefer Avenue | | Chino, CA | | — | | | 5,150 | | | 3,200 | | | 74 | | | 5,150 | | | 3,274 | | | 8,424 | | | (267) | | | 2001 | | 2024 | | 437 Baldwin Park Blvd | | La Puente, CA | | — | | | 13,507 | | | 6,283 | | | 11 | | | 13,507 | | | 6,294 | | | 19,801 | | | (500) | | | 1977 | | 2024 | | 433 Baldwin Park Blvd | | La Puente, CA | | — | | | 19,230 | | | 8,341 | | | 31 | | | 19,230 | | | 8,372 | | | 27,602 | | | (673) | | | 1977 | | 2024 | | 421 Baldwin Park Blvd | | La Puente, CA | | — | | | 8,648 | | | 2,758 | | | 128 | | | 8,648 | | | 2,886 | | | 11,534 | | | (238) | | | 1977 | | 2024 | | 17705-17709 Valley Blvd | | City of Industry, CA | | — | | | 6,981 | | | 3,152 | | | 266 | | | 6,981 | | | 3,418 | | | 10,399 | | | (238) | | | 1985 | | 2024 | | 630-634 Hambledon Avenue | | City of Industry, CA | | — | | | 8,254 | | | 3,808 | | | 283 | | | 8,254 | | | 4,091 | | | 12,345 | | | (302) | | | 1985 | | 2024 | | 620-628 Hambledon Avenue | | City of Industry, CA | | — | | | 8,523 | | | 3,830 | | | 438 | | | 8,523 | | | 4,268 | | | 12,791 | | | (320) | | | 1985 | | 2024 | | 17755 Valley Blvd | | City of Industry, CA | | — | | | 6,544 | | | 3,193 | | | 945 | | | 6,544 | | | 4,138 | | | 10,682 | | | (300) | | | 1985 | | 2024 | | 17745-17749 Valley Blvd | | City of Industry, CA | | — | | | 7,820 | | | 1,833 | | | 828 | | | 7,820 | | | 2,661 | | | 10,481 | | | (265) | | | 1985 | | 2024 | | 14680-14700 Alondra Blvd | | La Mirada, CA | | — | | | 25,484 | | | 8,160 | | | 14 | | | 25,484 | | | 8,174 | | | 33,658 | | | (666) | | | 1977 | | 2024 | | 14720-14750 Alondra Blvd | | La Mirada, CA | | — | | | 26,285 | | | 10,224 | | | 18 | | | 26,285 | | | 10,242 | | | 36,527 | | | (810) | | | 1977 | | 2024 | | 14730-14750 Northam Street | | La Mirada, CA | | — | | | 17,860 | | | 6,754 | | | 20 | | | 17,860 | | | 6,774 | | | 24,634 | | | (545) | | | 1977 | | 2024 | | 14725 Northam Street | | La Mirada, CA | | — | | | 20,039 | | | 8,182 | | | 161 | | | 20,039 | | | 8,343 | | | 28,382 | | | (647) | | | 1978 | | 2024 | | 14647-14667 Northam Street | | La Mirada, CA | | — | | | 35,429 | | | 19,776 | | | 2,455 | | | 35,429 | | | 22,231 | | | 57,660 | | | (1,412) | | | 1978 | | 2024 | | 14710 Northam Street | | La Mirada, CA | | — | | | 11,706 | | | 2,822 | | | 1 | | | 11,706 | | | 2,823 | | | 14,529 | | | (224) | | | 1979 | | 2024 | | 4422 Airport Drive | | Ontario, CA | | — | | | 14,507 | | | 9,868 | | | 628 | | | 14,507 | | | 10,496 | | | 25,003 | | | (763) | | | 1978 | | 2024 | | 1901 Rosslynn Avenue | | Fullerton, CA | | — | | | 57,830 | | | 30,705 | | | 8 | | | 57,830 | | | 30,713 | | | 88,543 | | | (2,225) | | | 1989 | | 2024 | | 16203-16233 Arrow Highway | | Irwindale, CA | | — | | | 20,253 | | | 24,912 | | | (52) | | | 20,253 | | | 24,860 | | | 45,113 | | | (3,425) | | | 2022 | | 2024 | | 950 West 190th Street | | Los Angeles, CA | | — | | | 41,757 | | | — | | | 1,339 | | | 41,757 | | | 1,339 | | | 43,096 | | | (9) | | | 1980 | | 2024 | | 12900 Alondra Blvd | | Cerritos, CA | | — | | | 14,581 | | | 4,414 | | | 11 | | | 14,581 | | | 4,425 | | | 19,006 | | | (282) | | | 1977 | | 2024 | | 13201 Dahlia Street | | Fontana, CA | | — | | | 39,792 | | | 28,135 | | | 1,516 | | | 39,792 | | | 29,651 | | | 69,443 | | | (1,556) | | | 1989 | | 2024 | | 2501 Rosecrans Avenue | | Compton, CA | | — | | | 79,265 | | | 50,632 | | | 1,373 | | | 79,265 | | | 52,005 | | | 131,270 | | | (2,163) | | | 1987 | | 2024 | | Investments in real estate | | | | $ | 43,649 | | | $ | 7,772,975 | | | $ | 3,879,275 | | | $ | 1,364,391 | | | $ | 7,689,921 | | | $ | 5,326,720 | | | $ | 13,016,641 | | | $ | (1,165,792) | | | | | |
Note: As of December 31, 2025, the aggregate cost for federal income tax purposes of our investments in real estate was approximately $12.4 billion. (1)“Costs capitalized subsequent to acquisition” reflects capital expenditures, development costs, impairment write-downs, and write-offs of fully depreciated assets. (2)The depreciable life for buildings and improvements typically ranges from 10-30 years for buildings, 5-25 years for site improvements, and the shorter of the estimated useful life or respective lease term for tenant improvements. (3)As of December 31, 2025, these six properties secure the $60 Million Term Loan. (4)Safari Business Park consists of 16 buildings with the following addresses: 1845, 1885, 1901-1957 and 2037-2077 Vineyard Avenue; 1906-1946 and 2048-2058 Cedar Street; 1900-1956, 1901-1907, 1911-1951, 2010-2020 and 2030-2071 Lynx Place; 1810, 1840-1898, 1910-1960 and 2030-2050 Carlos Avenue; 2010-2057 and 2060-2084 Francis Street. The following tables reconcile the historical cost of total real estate held for investment and accumulated depreciation from January 1, 2023 to December 31, 2025 (in thousands): | | | | | | | | | | | | | | | | | | | | | | | | Year Ended December 31, | | Total Real Estate Held for Investment | | 2025 | | 2024 | | 2023 | | Balance, beginning of year | | $ | 12,956,316 | | | $ | 11,156,394 | | | $ | 9,470,387 | | | Acquisition of investment in real estate | | — | | | 1,450,087 | | | 1,419,817 | | | Construction costs and improvements | | 304,927 | | | 386,501 | | | 293,850 | | | Disposition of investment in real estate | | (119,201) | | | (25,975) | | | (11,360) | | | | | | | | | Impairment of real estate | | (89,097) | | | — | | | — | | Impairment-related reduction of investment in real estate cost | | (5,389) | | | — | | | — | | | Write-off of fully depreciated assets | | (30,915) | | | (10,691) | | | (16,300) | | | Balance, end of year | | $ | 13,016,641 | | | $ | 12,956,316 | | | $ | 11,156,394 | |
| | | | | | | | | | | | | | | | | | | | | | | Year Ended December 31, | | Accumulated Depreciation | | 2025 | | 2024 | | 2023 | | Balance, beginning of year | | $ | (977,133) | | | $ | (782,461) | | | $ | (614,332) | | | Depreciation of investment in real estate | | (243,095) | | | (208,372) | | | (187,722) | | | Disposition of investment in real estate | | 18,132 | | | 3,009 | | | 3,293 | | | | | | | | | Impairment-related adjustment to accumulated depreciation | | 5,389 | | | — | | | — | | | Write-off of fully depreciated assets | | 30,915 | | | 10,691 | | | 16,300 | | | Balance, end of year | | $ | (1,165,792) | | | $ | (977,133) | | | $ | (782,461) | |
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