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Additional details
$ 6,999,999
Est. payment /mo
New
1120 S Boyle Los Angeles, CA 90023
0.46 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Lots/Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID PW26209516
Lot Size 0.463 Acres
Property Sub-Type Lots/Land
Property Description
Prime 20,152 SF Industrial Parcel | DTLA / Boyle Heights Transit Corridor. Exceptional opportunity for builders, developers, and owner-users to acquire an approximately 20,152 sq. ft. industrial lot positioned right at the strategic confluence of the US-101, CA-60, and I-5 freeway interchange. *Zoned [T][Q]MR1-1VL-CUGU (City of Los Angeles Restricted Light Industrial Zone) buyer to verify. Flexible utility for modern logistics, fleet storage, creative industrial spaces, warehousing, or custom commercial facilities. *Immediate Cash Flow / Covered Land Play: The parcel has long served as storage for the neighboring business. There is currently no visible or physical division between said parcels and the neighboring currently connected current owner business to the South. New owner would need to create a physical separation, wall or zero lot build as permitted by city to separate from neighboring existing parcel. The seller is needing to lease back the property for at least one year (lease terms and rent negotiable) to liquidate and move existing merchandise on said parcel, delivering immediate holding income while you finalize project design, entitlement, and building permits. Some existing structures will remain once property is fully vacated at the end of said lease. Seller states or makes no claims as to the legitimacy of permits, legality, if any, of said remaining existing structures. Property is being sold for land value only. *Unmatched Regional Access: Immediate on/off access to the 101, 60, and 5 freeways provides rapid connectivity across Downtown Los Angeles, the S
Location
State CA
County Los Angeles
Direction Right in the middle of the 101, 60 and 5 interchange.
Interior
Fireplace No
Exterior
Utilities Available Electric, N/K, Telephone
View Y/N No
Others
Senior Community No
Tax ID 5170007014
Acceptable Financing Cash
Listing Terms Cash
Listed by Enrique Suarez, DRE#01070429 Diamond Real Estate One
Co-listed byMaria Gonzales • Diamond Real Estate 1
Co-listed byMaria Gonzales • Diamond Real Estate 1
NEARBY SCHOOL & BUSINESS
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