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112 N Gage Avenue

Los Angeles, CA 90063

PRICE REDUCED

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-$396,000,000 (-99.00%)

$3,999,999

List Price

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1996

calendar_month Built

Property Description

Come take a look at this property located in the heart of Los Angeles. Conveniently located on the corner of two major cross streets of North Gage St. and Downey Rd. Property cash flows immediately with two current tenants. A meat market/grocery store, private warehouse and separate bakery. Property comes with private parking lot to maximize customer traffic. This property has more room to add more revenue with the amount of space it offers with a lot size of over 18,000 sqft. Great opportunity to convert this unit into into 2 more businesses totaling to 4 businesses in one building to maximize cashflow. The market offers private office space, two industrial size stainless steel walk in coolers with 1 cooler offering 10 doors of shelf space for grocery store revenue, industrial size freezer, restaurant grade flooring in meat market, stainless steel 3 compartment sinks, 2 cutting tables and 2 customer restrooms. There is a private parking lot offering 14 parking spots and dumpster space. Bakery contains an oven, its own restroom, food display case, a grease trap, 2 compartment sink, and parking spaces for 4. Building has been recently painted and the roof is less 15 years old. All the refrigeration from walk ins and freezer is less than 3 years old. All electrical has been updated to all your business needs and future needs.

Listing Information

List Price $3,999,999
Status Active
MLS CV24177049
Type Commercial
Subtype Business
Year Built 1996
Lot Size 18,000
Structure Size N/A
DOM 56
Courtesy Of CENTURY 21 EXPERIENCE
Listing Agent Christian Munoz DRE#02138737

Interior Features

Laundry Information
Location(s) None
Total Bedroom
Bedrooms N/A
Total Bathroom
Bathrooms N/A
Cooling Type
Cooling Type Central Air

Exterior Information

Maps

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Listing information courtesy of: Christian Munoz, CENTURY 21 EXPERIENCE 760-220-0703. *Based on information from the Association of REALTORS/Multiple Listing as of Oct 22nd, 2024 at 4:33 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.