$3,900,000
625 E 35th St Los Angeles, CA 90011
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REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
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$3,900,000
Est. payment /mo
15,168 SqFt
UPDATED:
10/21/2024 10:37 PM
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 15,168 sqft
Price per Sqft $257
MLS Listing ID 24-455387
Year Built 1967
Lot Size 0.452 Acres
Acres 0.4515
Property Description
JNM Realty is proud to represent on an exclusive basis, a 15,168 sqft industrial property in South Los Angeles. The property features two (2) units with separate entrances, parking, electrical, and A/C feeds. Unit 1 is occupied by a licensed cannabis distribution company currently in the third year of their lease, paying a lease rate of $9,070.70per month for 4,275 sqft. They have three (3) 5-year options to extend with three percent(3.0%) annual increases. Unit 2 is vacant with upstairs and downstairs office space and over 8,000 sqft of warehouse spaces. Unit 2 also features a loading dock with space for 2 transport vehicles. All offers are encouraged.
Location
State CA
County Los Angeles
Area Downtown L.A.
Zoning CM1
Others
Special Listing Condition Standard
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Listed by JNM Realty, INC.
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