$999,000
For Sale

10434 Ilex Avenue

Pacoima, CA 91331
1014 sqft | 2 beds | 1 bath | 0.14 acres | #GD24234793
Listing OfficeMIG Commercial Real Estate Ser
Browse 8 photos
Type:Purchase
Structure:House
Zone:Residential

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.

  • Property Details
      • Property SubtypeSingleFamilyResidence
      • School DistrictLos Angeles Unified
      • InteriorAllBedroomsDown
      • Lot DescriptionRectangularLot
      • Sewer InformationPublicSewer
      • CountyLos Angeles
      • MLS #GD24234793
      • MLS #GD24234793
      • Property TypePurchase
      • Original List Price$999,000
      • Acres0.1376
      • Utility SourcePublic
      • Cost999000
      • Structure TypeHouse
      • Square Feet1014
      • Year Built1960
      • Bedrooms2
      • Bathrooms1
      • Full Baths1
      • Stories1

Location

King Realty GroupReal Estate Group
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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