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Listed by Alex Matevosian • MIG Commercial Real Estate Ser
$999,000
Est. payment /mo
2 Beds
1 Bath
1,014 SqFt
UPDATED:
11/26/2024 09:42 PM
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 1,014 sqft
Price per Sqft $985
MLS Listing ID CRGD24234793
Bedrooms 2
Full Baths 1
HOA Y/N No
Originating Board Datashare California Regional
Year Built 1960
Lot Size 5,995 Sqft
Property Description
MIG Commercial Real Estate Services, Inc. is excited to present a prime opportunity at 10434 Ilex avenue in Pacoima, available for $999,000. This industrially zoned MR1 property includes 5,993 square feet of land and a 1,014 square foot building featuring two bedrooms and one bathroom. The MR1 Restricted Industrial Zone in Los Angeles is ideal for a variety of light industrial uses, making this property particularly attractive for businesses in need of secure, flexible space. Permitted uses in MR1 include enclosed operations for warehousing, light manufacturing, and certain trade schools, allowing for industrial activities without interference from dust, noise, or odors. Specific provisions encourage operations within enclosed buildings or fenced areas, aligning well with this property’s gated setup?. This listing is perfect for a value-add investor looking to develop the excess land or an owner-user leveraging SBA financing. The strategic location offers proximity to major freeways 5, 210, and 118, ensuring easy connectivity for business operations.
Location
State CA
County Los Angeles
Interior
Cooling None
Fireplaces Type None
Fireplace No
Laundry None
Exterior
Pool None
View None
Private Pool false
Building
Story 1
Water Public
Schools
School District Los Angeles Unified
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James Dye
Broker Associate | License ID: 00897803
Broker Associate License ID: 00897803