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.
Mls | 24455387 |
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Listing Type | For Sale |
Subtype | Resale |
Status | Active |
Year | 1967 |
Days On Site | 51 |
Listing Provided By | JNM Realty, INC. 310-746-5923 | Demis Dokhanian |
Sq Feet | 15,168 |
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Zoning | CM1 |
Acreage | 0.45 |
State | CA |
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County | Los Angeles |
City | Los Angeles |
Zip Code | 90011 |
Area | C42 Downtown L.A. |
Listing VS Median (in 90011) | |
Price: $3,900,000 low | high Med: $965,000 SqFt: 15,168 low | high Med: 3,159 $ / SqFt: $257 low | high Med: $309 On Site: 51 low | high Med: 34.000000 |