625 E 35th ST Active

Los Angeles,CA 90011

$ 3900000

- Bed

0 Bath

15168 SqFt


Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 15,168 sqft

Price per Sqft $257

MLS Listing ID 24455387

HOA Y/N No

Year Built 1967

Lot Size 0.451 Acres

Acres 0.4515

Property Description

JNM Realty is proud to represent on an exclusive basis, a 15,168 sqft industrial property in South Los Angeles. The property features two (2) units with separate entrances, parking, electrical, and A/C feeds. Unit 1 is occupied by a licensed cannabis distribution company currently in the third year of their lease, paying a lease rate of $9,070.70per month for 4,275 sqft. They have three (3) 5-year options to extend with three percent(3.0%) annual increases. Unit 2 is vacant with upstairs and downstairs office space and over 8,000 sqft of warehouse spaces. Unit 2 also features a loading dock with space for 2 transport vehicles. All offers are encouraged.

Location

State CA

County Los Angeles

Area C42 - Downtown L.A.

Zoning CM1

Interior

Fireplace No

Others

Tax ID 5121001009

Special Listing Condition Standard

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