$ 3,900,000
625 E 35th ST Los Angeles, CA 90011
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$ 3,900,000
Est. payment | /mo
15,168 SqFt
$ 3,900,000
Est. payment | /mo
15,168 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
Listed by Demis Dokhanian • JNM Realty, INC.
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Valerie Condon
Partner | Lic# 680245