Property listed by MIG Commercial Real Estate Ser, Alex Matevosian 818-482-3830
$999,000
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… Read More 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. Read Less
Listing Snapshot
Days Online
38
Last Updated
Property Type
Single Family Residence
Beds
2
Full Baths
1
Square Ft.
1,014
Lot Size
0.14 Acres
Year Built
1960
MLS Number
GD24234793
30 Days Snapshot Of 91331
$630k
-11%
(avg) sold price
7
-70%
homes sold
75
+15%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1960, Levels: One, Living area: 1014, 1 story, Common walls: NoCommonWalls
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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