1120 S Boyle, Los Angeles, CA 90023

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Listed by Enrique Suarez, from Diamond Real Estate One
(If provided) CoList: Maria Gonzales from Diamond Real Estate 1

List Price
$6,999,999
MLS#
CRPW26209516
Status
ACTIVE
Zoning
LWS, PAV, D0, LL, TNS, LSI, LY, LV
Lot Size
20,157
Neighborhood
Boyh - Boyle Heights

Property Description

Prime 20,152 SF Industrial Parcel | DTLA / Boyle Heights Transit Corridor. Exceptional opportunity for builders, developers, and owner-users to acquire an approximately 20,157 sq. ft. industrial lot positioned right at the strategic confluence of the US-101, CA-60, and I-5 freeway interchange. *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

Additional Information

Acres
0.46
Fence
Chain Link
Lot Description
Irregular, Grade - Level, Paved
Lot Size
20,157
Neighborhood
Boyh - Boyle Heights
Other Utilities
Electricity - On Site, Telephone - Not On Site
Unincorporated Yn
Yes
Zoning
LWS, PAV, D0, LL, TNS, LSI, LY, LV

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