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The Los Angeles Police Department says its raid at CoolKicks L.A. recovered $500K in stolen merchandise -- including over 2,100 pairs of unreleased Nike sneakers

The LAPD announced on Monday several divisions teamed up to execute a search warrant at the CoolKicks L.A. warehouse located at the 1700 block of Stewart Street in Santa Monica. LAPD

During the October 2 raid, law enforcement says it seized a stolen train shipment with more than 2,100 pairs of unreleased Nike sneakers and 150 cartons of Nike apparel.

In total, LAPD estimated the stolen items to be valued at $500,000.

As we previously reported, CoolKicks L.A. owner Adeel Shams was arrested during the raid for "Receiving Known Stolen Property over $950.00," a felony.

He was auctioning off items on the

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