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$999,000
2 bed
1 bath
1,014 Sqft
5,995 Sqft lot

10434 Ilex Avenue, Pacoima, California 91331

  • Residential Property Type
  • 47 Days Time on market
  • $985 Price per sqft
  • 1960 Year Built
Property 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 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.

Basic Details
Residential
Buy
GD24234793
$999,000
2
1
1,014 Sqft
1960
5,995 Sqft
Active
Single Family Residence
Houses
Features
: Sidewalks
0
$0
: Public Sewer
Address
CA
Los Angeles
Pacoima
91331
10434 Ilex Avenue
10434
Avenue
0
W119° 35' 0''
N34° 15' 35.1''
Additional Information
47
1
1
1
1
: One
1
0
0 Sqft
1
0 Sqft
0 Sqft
: Assessor
: Allbedroomsdown
0.14 Sqft
5,995 Sqft
1
: No Common Walls
0 Sqft
LAMR1
2620028011
$0
$0
$0
$0
1
$0
$0
0 Sqft
1
0 Sqft
$0
1
1
25/11/2024 12:23:40
$0
: Standard
Cash,AllFinancingConsidered,Conventional
From the 170 North, exit Terra Bella St, turn left on Terra Bella St, in 0.9 miles the destination is on your left
MIG Commercial Real Estate Ser
Alex Matevosian
G8569
G165114754
$0
9
1
: Rectangular Lot
1
: House
1
yes
: Square Feet
1
233
US-06037-N-2620028011-R-N
SingleFamilyResidence
05/12/2024 10:55:30
Ilex
PAC - Pacoima
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