Listing provided courtesy of Alex Matevosian of MIG Commercial Real Estate Ser. Last updated 2024-11-27 09:21:08.000000. Listing information © 2024 Sandicor.
Asking Price: $999,000
10434 Ilex, Pacoima CA 91331
Community: PAC - Pacoima
This Single Family Residence property was built in 1960 and is priced at $999,000. Please see the additional details below.
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.
