1137 Eastern AveEast Los Angeles, CA 90023
- Industrial properties
- 3,569 SF
Property Details for 1137 Eastern Ave
- Year built
- 1948
- Lot size
- 0.35 AC
- Property size (Sq ft)
- 3,569 SF
- Zone code
- LCM1-C2*
- Property type
- Industrial properties
- Property subtype
- Other industrial properties
- APN
- 5236-011-046
- APU
- 5236011046
Description
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.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $1,173,603
- Hospitality
- $1,075,014
- Educational
- $894,399
- Medical
- $925,159
- Retail
- $1,391,288
Location Insight
- City
- Los Angeles
- County
- Los Angeles
- State
- California
- Latitude
- 34.0198
- Longitude
- -118.174
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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