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 propertys 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.
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2BEDS
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0.14ACRES
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1BATHS
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01/2 BATHS
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1,014SQFT
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$985$/SQFT
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 propertys 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.
Based on information from California Regional Multiple Listing Service, Inc. as of 2024-12-05T01:54:11.577. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or American Real Estate List & Sell. Licensed in the State of California, USA.