Come take a look at this property located in the heart of Los Angeles. Conveniently located on the corner of two major cross streets of North Gage St. and Downey Rd. Property cash flows immediately with two current tenants. A meat market/grocery store, private warehouse and separate bakery. Property comes with private parking lot to maximize customer traffic. This property has more room to add more revenue with the amount of space it offers with a lot size of over 18,000 sqft. Great opportunity to convert this unit into into 2 more businesses totaling to 4 businesses in one building to maximize cashflow. The market offers private office space, two industrial size stainless steel walk in coolers with 1 cooler offering 10 doors of shelf space for grocery store revenue, industrial size freezer, restaurant grade flooring in meat market, stainless steel 3 compartment sinks, 2 cutting tables and 2 customer restrooms. There is a private parking lot offering 14 parking spots and dumpster space. Bakery contains an oven, its own restroom, food display case, a grease trap, 2 compartment sink, and parking spaces for 4. Building has been recently painted and the roof is less 15 years old. All the refrigeration from walk ins and freezer is less than 3 years old. All electrical has been updated to all your business needs and future needs.
Property Details
Price:
$3,999,999
MLS #:
CV24177049
Status:
Active
Beds:
0
Baths:
0
Address:
112 N Gage AV
Type:
Business
Neighborhood:
c16midlosangeles
City:
Los Angeles
Listed Date:
Aug 26, 2024
State:
CA
Total Sq Ft:
18,000
ZIP:
90063
Lot Size:
18,000 sqft / 0.41 acres (approx)
Year Built:
1996
Schools
Interior
Cooling
C A
Heating
C F
Laundry Features
N O
Exterior
Roof
C O M
Financial
Map
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Courtesy of CENTURY 21 EXPERIENCE. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than BUSINESS MA include the name of the listing broker. Neither the listing company nor BUSINESS MA shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. California Regional Multiple Listing Service. All rights reserved. 112 N Gage AV
Los Angeles, CA
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