10434 Ilex Avenue, Pacoima, CA 91331

$999,000 Asking Price

2 beds
1 bath
1,014  sqft
Built in 1960

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. 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.

Features & Amenities

Interior

General:
All Bedrooms Down
Laundry:
None
A/C:
false, None
Fireplace:
None

Exterior

Pool:
None
Parking:
Parking spaces: 0

Construction

General:
1

Location

HOA Amenities:
0.0
Originating MLS:
CRMLS
School District:
Los Angeles Unified
County:
Los Angeles

Lot

Zoning:
LAMR1, 2620028011
View:
None

Utilities

Water:
Public
Sewer:
Public Sewer

Financial

Source:
CRMLS

This listing courtesy of:
MIG Commercial Real Estate Ser, Alex Matevosian

About Pacoima, CA

Housing

Number of Units
23,020
Median Home Value
$453,150
Median Rent
$1,247

38.31% of housing units are renter occupied.

2.42% are vacant.

Commute

Car
78.09%
Public Transportation
3.40%
Walk to Work
1.39%
Work from Home
15.04%
Other
1.76%

The median travel time to work is 28 minutes.

People

Population
98,816
Median Age
35.50
Median Household Size
4.42

Education

High School
26.85%
Associate’s Degree
4.65%
Bachelor’s Degree
8.65%
Graduate Degree
2.41%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

Message

Interested in this home?

Request more information: