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625 E 35th Street Los Angeles CA 90011 MLS #24455387

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.

Property Details

Price:
$3,900,000
MLS #:
24455387
Status:
Active
Baths:
0
Address:
625 E 35th Street
Type:
Commercial
Neighborhood:
c42downtownla
City:
Los Angeles
Listed Date:
Oct 7, 2024
State:
CA
ZIP:
90011
Year Built:
1967

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