10434 Ilex Ave - Adjoining lots 13019 Terra Bella

MIG Commercial Real Estate Services, Inc. is excited to present a prime opportunity at 10434 Ilex avenue in Pacoima, available for $999,000. This industrially zoned MR1 property includes 5,993 square feet of land and a 1,014 square foot building featuring two bedrooms and one bathroom. Tenant is on a month to month lease at a rate of $4,000, property can be delivered vacant. Adjoining lots with 13019 Terra Bella avenue part of portfolio sale.
The MR1 Restricted Industrial Zone in Los Angeles is ideal for a variety of light industrial uses, making this property particularly attractive for businesses in need of secure, flexible space. Permitted uses in MR1 include enclosed operations for warehousing, light manufacturing, and certain trade schools, allowing for industrial activities without interference from dust, noise, or odors. Specific provisions encourage operations within enclosed buildings or fenced areas, aligning well with this property’s gated setup.
This listing is perfect for a value-add investor looking to develop the excess land or an owner-user leveraging SBA financing. The strategic location offers proximity to major freeways 5, 210, and 118, ensuring easy connectivity for business operations.
Contact Leo at 747-273-8927 with any questions or to set up a showing.
Please note that no guarantee, warranty, or representation of any kind is made regarding the accuracy of descriptions or measurements. Buyer & Buyer’s Agent to do their due diligence and independently verify square footage, property condition, measurements, zoning, building configuration & components.