10434 Ilex AVE new

Pacoima,CA 91331

$ 999000

2 Beds

1 Bath

1014 SqFt


Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,014 sqft

Price per Sqft $985

MLS Listing ID GD24234793

Bedrooms 2

Full Baths 1

Year Built 1960

Lot Size 5,993 Sqft

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.

Location

State CA

County Los Angeles

Area Pac - Pacoima

Zoning LAMR1

Interior

Cooling None

Fireplaces Type None

Laundry None

Exterior

Pool None

Community Features Sidewalks

View Y/N No

View None

Building

Lot Description Rectangular Lot

Dwelling Type House

Story 1

Sewer Public Sewer

Water Public

New Construction No

Schools

School District Los Angeles Unified

Others

Acceptable Financing Cash,Cash to New Loan,Conventional

Listing Terms Cash,Cash to New Loan,Conventional

Special Listing Condition Standard

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