UPDATED:
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID PW26209516
HOA Y/N No
Lot Size 0.463 Acres
Property Description
*Zoned [VM1-WH1-3][IX5-FA][CPIO] (City of Los Angeles Restricted Light Industrial Zone) buyer to verify. Possible flexible utility for modern logistics, fleet storage, creative industrial spaces, warehousing, or custom commercial facilities....AGAIN.....BUYER AND BUYER'S AGENT TO VERIFY USE.
*Immediate Cash Flow / Covered Land Play: The parcel has long served as storage for the neighboring business. There is currently no visible or physical division between said parcels and the neighboring currently connected current owner business to the South. New owner would need to create a physical separation, wall or zero lot build as permitted by city to separate from neighboring existing parcel. The seller is needing to lease back the property for at least one year (lease terms and rent negotiable) to liquidate and move existing merchandise on said parcel, delivering immediate holding income while you finalize project design, entitlement, and building permits. Some existing structures will remain once property is fully vacated at the end of said lease. Seller states or makes no claims as to the legitimacy of permits, legality, if any, of said remaining existing structures. Property is being sold for land value only. *Unmatched Regional Access: Immediate on/off access to the 101, 60, and 5 freeways provides rapid connectivity across Downtown Los Angeles, the San Gabriel Valley, Orange County, and the greater Southern California logistics network.
*Dynamic Surrounding Growth: Situated moments from the booming DTLA Arts District, historic Boyle Heights, and the iconic Sixth Street Viaduct corridor. Area continues to benefit from major urban infrastructure investments, including the Sixth Street PARC project, creative studios, and extensive regional commercial revitalization. Drive-by anytime. On-site access and interior walkthroughs are strictly by appointment only. Please do not disturb the current occupant. ***Buyer and buyer's agent to conduct their own independent due diligence and verify all information, including zoning designations, building codes, permitted uses, violations, if any, lot dimensions, easements, and development potential with the City of Los Angeles.***
Location
State CA
County Los Angeles
Area Boyh - Boyle Heights
Zoning [VM1-WH1-3][IX5-FA][CPIO]
Interior
Fireplace No
Exterior
Fence Chain Link
Community Features Curbs, Gutter(s), Street Lights, Sidewalks, Urban
Utilities Available Electricity Available, None, Phone Available, Sewer Available, Water Available, Sewer Not Available, Water Not Available
View Y/N No
View None
Present Use Commercial,Industrial,Parking Lot,Storage
Building
Lot Description 0-1 Unit/Acre, Irregular Lot, Level, Near Public Transit, Paved, Street Level, Value In Land
Sewer None
Water None
New Construction No
Others
Senior Community No
Tax ID 5170007014
Acceptable Financing Cash, Cash to New Loan, Lease Back
Listing Terms Cash, Cash to New Loan, Lease Back
Special Listing Condition Standard
Nearby Locations
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