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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Courtesy of JNM Realty, INC.. 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 2024. California Regional Multiple Listing Service. All rights reserved. 625 E 35th Street
Los Angeles, CA
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