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$1,225,000
Est. payment /mo
0.26 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 25490889
HOA Y/N No
Lot Size 0.262 Acres
Property Description
We are pleased to present 11627 S Main St Los Angeles, CA 90061 FOR SALE or FOR LEASE. The subject property consists of a 11,404sf lot that is strategically located in South LA off of S Main St and E 116th. Situated just south of Imperial Highway, the property is in close proximity to the 110 and 105 freeways as well as neighboring cities such as Gardena, Compton, Rosewood, Huntington Park, and South Gate. This location benefits from dynamic, diverse industry offering ample employment opportunity and convenient amenities to future tenants. FOR SALE: This unique opportunity provides multiple strategies to the next buyer. The property can be operated as an investment with new commercial tenants, occupied entirely by the owner-operator, or a portion of the space can be occupied with the remainder leased. Additionally, there is potential for development. The property's LACM zoning provides a buyer the potential opportunity to re-develop as a 100% affordable ED1 eligible project or, or to utilize the existing commercial manufacturing zoning, which allows for the development and use of wholesale, storage, clinics, light manufacturing, apartments or child care services. FOR LEASE: Also available for lease, this site caters towards users with an industrial outdoor storage (IOS) requirement and is well-suited for a multitude of commercial tenants such as contractors, builders, automotive services, manufacturers, logistics companies, truckers or storage users. Strategically positioned in one of the densest rental markets in Los Angeles, the subject property caters to hundreds of thousands of tenants and customers in the neighborhood, providing easy access to multiple freeways and is serviced by numerous Metro Bus stops, ensuring convenient transportation options for both tenants and customers.
Location
State CA
County Los Angeles
Area C37 - Metropolitan South
Zoning LACM
Interior
Fireplace No
Exterior
View Y/N No
View None
Building
New Construction No
Others
Senior Community No
Tax ID 6087006034
Special Listing Condition Standard
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Listed by Casey Lins • Kidder Mathews of California, Inc.