For Sale
$3,000,000

1137 Eastern AveEast Los Angeles, CA 90023

Prime Industrial Land, Development Potential

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional 30,148 square foot industrial land parcel, located at 1137 S Eastern Ave, Los Angeles, CA 90023 (APN 5236-011-047;-046), presents a unique investment opportunity. Zoned M-1 C-2, this property offers significant development potential, particularly suited for a cold storage facility. The site boasts convenient access to major freeways, the 710 and 5, providing excellent logistical advantages. Situated in an Opportunity Zone, this location offers potential tax benefits for qualified investors. The property is owned by 1137 Eastern Avenue LLC and is being offered for sale at $3,000,000. While a build-to-suit option is possible, the final sales price for such a project would be determined separately. This property is ideal for owner-users, investors, or developers seeking a prime location in East Los Angeles with substantial upside potential. All information should be independently verified by the buyer.

Highlights

  • $3,000,000 asking price for 30,148 square feet of industrial land.
  • Located in East Los Angeles, CA, in an Opportunity Zone.
  • Zoned M-1 C-2, suitable for cold storage development.
  • APN: 5236-011-047;-046; owned by 1137 Eastern Avenue LLC.
  • Excellent freeway access via the 710 and 5 freeways.

Property Details for 1137 Eastern Ave

Property type
Land, Industrial properties

Location Insight

City
East Los Angeles
County
Los Angeles
State
California
Latitude
34.019616725817
Longitude
-118.17394585355
1137 Eastern Ave, East Los Angeles, California

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1137 Eastern Ave
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