10434 Ilex Avenue

Pacoima, CA 91331

$999,000

List Price

2

bed Beds

1

shower Baths

1,014 sqft

straighten / sqft

1960

calendar_month Built

Property Description

MIG Commercial Real Estate Services, Inc. is excited to present a prime opportunity at 10434 Ilex avenue in Pacoima, available for $999,000. This industrially zoned MR1 property includes 5,993 square feet of land and a 1,014 square foot building featuring two bedrooms and one bathroom. The MR1 Restricted Industrial Zone in Los Angeles is ideal for a variety of light industrial uses, making this property particularly attractive for businesses in need of secure, flexible space. Permitted uses in MR1 include enclosed operations for warehousing, light manufacturing, and certain trade schools, allowing for industrial activities without interference from dust, noise, or odors. Specific provisions encourage operations within enclosed buildings or fenced areas, aligning well with this property’s gated setup?. This listing is perfect for a value-add investor looking to develop the excess land or an owner-user leveraging SBA financing. The strategic location offers proximity to major freeways 5, 210, and 118, ensuring easy connectivity for business operations.

Listing Information

List Price $999,000
Status Active
MLS GD24234793
HOA $0
Type Residential
Subtype Single Family Residence
Year Built 1960
Lot Size 5,995
Structure Size 1,014
DOM 9
Courtesy Of MIG Commercial Real Estate Ser
Listing Agent Alex Matevosian DRE#02047572

Interior Features

Laundry Information
Location(s) None
Bedroom Information
Features All Bedrooms Down
Total Bedroom
Bedrooms 2
Total Bathroom
Bathrooms 1
Fireplace Information
Features None
Additional Information
Additional Features All Bedrooms Down
Cooling Type
Cooling Type None

Exterior Information

Maps

Listing information courtesy of: Alex Matevosian, MIG Commercial Real Estate Ser . *Based on information from the Association of REALTORS/Multiple Listing as of Dec 5th, 2024 at 5:04 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.