625 E 35th ST Active

Los Angeles,CA 90011

$ 3900000

- Bed

0 Bath

- SqFt


Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID 24455387

Year Built 1967

Lot Size 0.451 Acres

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 C42 - Downtown L.A.

Zoning CM1

Others

Special Listing Condition Standard

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