4754 Floral DR Los Angeles, CA 90022
5,432 SqFt
UPDATED:
09/30/2024 06:49 PM
Key Details
Property Type Commercial
Sub Type Industrial
Listing Status Active
Purchase Type For Sale
Square Footage 5,432 sqft
Price per Sqft $672
MLS Listing ID PW23189401
HOA Y/N No
Year Built 1956
Annual Tax Amount $3,209
Lot Size 0.698 Acres
Acres 0.698
Property Description
* Seller Financing/ Carry Back Available for convenient financing
* Prime East Los Angeles Real Estate featuring over a 30,000 sq ft lot spreading across 3 APNs.
* 3 Addresses, 3 Gated Driveways/Approaches to Floral Dr
* Buildings totaling over 5,000 sq ft. with room for more development
* Month to Month Tenants with rental income of over $11,500
* High Visibility and Easy Access to 710+60 and 10 FWY
Welcome to a truly unique opportunity in East Los Angeles! This industrial commercial property is not just an investment, but a canvas waiting for your imagination to come to life. With a total lot size of 30,405 square feet (3 APNS) , you have the freedom to create your vision - whether it's utilizing the current conditions or embarking on a future development play.
Location is always key, and this property has it all. Centrally located with easy access to the 710, 5, 10, and 101 freeways, you'll never be far from the heart of the action. This prime spot is zoned LC-M1, allowing for a range of uses including retail and light industrial. The possibilities are endless!
Investors and owner-users alike will be thrilled with the potential this property offers. With two existing buildings on site, you can start generating rental income immediately. Building 4754 boasts an impressive 3,198 square feet, while Building 4766 offers 2,240 square feet. And if that's not enough, there's even an additional unpermitted addition currently used for storage. The choice is yours - utilize the spaces as is, or transform them to suit your needs.
Location
State CA
County Los Angeles
Area 699 - Not Defined
Rooms
Ensuite Laundry None
Interior
Laundry Location None
Fireplace No
Laundry None
Building
Lot Description Back Yard, Front Yard, No Landscaping, Paved, Yard
Story 1
Water Public
Others
Tax ID 5235017012
Acceptable Financing Cash, Cash to New Loan, Contract, 1031 Exchange, Submit
Listing Terms Cash, Cash to New Loan, Contract, 1031 Exchange, Submit
Special Listing Condition Standard, Trust
The Wilkas Group - Lenore & Alexander Wilkas
Real Estate Advisors | License ID: 01343201 & 01355442