For Sale
$3,999,999

112 Gage Ave Los Angeles, CA 90063

18-Acre Commercial Lot, Prime Location

Overview

Added:
Dec 11, 2024
Days on market:
137
This exceptional 18-acre commercial property, located at 112 N Gage Avenue in Los Angeles, CA 90063, presents a unique investment opportunity. Priced at $3,999,999, this special purpose land boasts a highly desirable location at the corner of North Gage Avenue and Downey Road, ensuring excellent visibility and accessibility. The property currently generates immediate cash flow from two established tenants: a meat market/grocery store, a private warehouse, and a separate bakery. This diverse tenant mix provides a stable income stream and a built-in customer base. A significant advantage is the inclusion of a private parking lot, designed to maximize customer traffic and convenience. The property is zoned for commercial use and offers substantial potential for future development or expansion given its size and strategic location within Los Angeles County. This is a rare opportunity to acquire a large, income-producing commercial property in a prime location with significant upside potential. The property's address is easily accessible via major thoroughfares, making it an ideal location for a variety of commercial ventures. The existing infrastructure and established businesses provide a solid foundation for continued success and growth. This is a truly exceptional opportunity for investors seeking a high-return, stable investment in a thriving Los Angeles market.

Highlights

  • 18-acre commercial property in Los Angeles, CA, at 112 N Gage Ave, priced at $3,999,999.
  • High-visibility corner lot at Gage Ave & Downey Rd.
  • Generates immediate cash flow from three tenants: meat market/grocery, warehouse, and bakery.
  • Features a private parking lot.
  • Zoned for commercial use with potential for future development.

Property Details for 112 Gage Ave

Property type
Specialty properties, Land
Lot Size (sq. ft)
784,080,000 SF

Location Insight

City
Los Angeles
County
Los Angeles
State
California
Latitude
34.0362957
Longitude
-118.1844817

FAQs

What type of property is this?
Specialty property - 18-Acre Commercial Lot, Prime Location
Where is the specialty property located?
The property is located at 112 Gage Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $3,999,999.
What are key features of this property?
This property features: 18-acre commercial property in Los Angeles, CA, at 112 N Gage Ave, priced at $3,999,999.; High-visibility corner lot at Gage Ave & Downey Rd.; Generates immediate cash flow from three tenants: meat market/grocery, warehouse, and bakery.
How can I contact the broker?
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112 Gage Ave
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