4754 Floral DR Active

Los Angeles,CA 90022

$ 3650840

- Bed

- Bath

5432 SqFt


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

Year Built 1956

Annual Tax Amount $3,209

Lot Size 0.698 Acres

Property Description

Property HIGHLIGHTS:
* 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

Laundry None

Building

Lot Description Back Yard,Front Yard,No Landscaping,Paved,Yard

Story 1

Water Public

Others

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

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