$ 6,999,999
-
$6,999,999
Price -
0.46
Acre
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About the Listing PB17753 - PAREZENR,RGONZCON
Prime 20,152 SF Industrial Parcel | DTLA / Boyle Heights Transit Corridor. Exceptional opportunity for builders, developers, and owner-users to acquire an approximately 20,152 sq. ft. industrial lot positioned right at the strategic confluence of the US-101, CA-60, and I-5 freeway interchange. *Zoned [T][Q]MR1-1VL-CUGU (City of Los Angeles Restricted Light Industrial Zone) buyer to verify. Flexible utility for modern logistics, fleet storage, creative industrial spaces, warehousing, or custom commercial facilities. *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 once property is fully vacated at the end of said lease. Seller states or makes no claims as to the legitimacy of permits, legality, if any, of said remaining existing structures. Property is being sold for land value only. *Unmatched Regional Access: Immediate on/off access to the 101, 60, and 5 freeways provides rapid connectivity across Downtown Los Angeles, the San Gabriel Valley, Orange County, and the greater Southern California logistics network. *Dynamic Surrounding Growth: Situated moments from the booming DTLA Arts District, historic Boyle Heights, and the iconic Sixth Street Viaduct corridor. The surrounding area continues to benefit from major urban infrastructure investments, including the Sixth Street PARC project, nearby creative studios, and extensive regional commercial revitalization. Drive-by inspections are welcome anytime. On-site access and interior walkthroughs are strictly by appointment only. Please do not disturb the current occupant. ***Buyer and buyer’s agent to conduct their own independent due diligence and verify all information, including zoning designations, building codes, permitted uses, violations, if any, lot dimensions, easements, and development potential with the City of Los Angeles.***
Listing Highlights for 1120 S Boyle
Interior Details
- Appliances:
- Air Cond:
- Heating:
- Fireplaces:
- Floor:
- Basement:
- Other:
- Water: None
Exterior Details
- Lot Description: 0-1 Unit/Acre,Irregular Lot,Level,Near Public Transit,Paved,Street Level,Value In Land,No Land Lease
- Garage Capacity: N/A
- Zoning: LAMR1
- Roof:
- Others:
- Sewer: None
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 5170007014
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
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Listing Location
Questions About..
1120 S Boyle Los Angeles, CA 90023
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