$3,695,000
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0.45 Acres Lot
SOLD DATE : 11/15/2022
Key Details
Property Type Commercial
Sub Type Industrial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PW22057996
Sold Date 11/15/22
HOA Y/N No
Year Built 1986
Lot Size 0.446 Acres
Property Sub-Type Industrial
Property Description
PRICE REDUCTION! Priced to sell. Located in the heart of North Hollywood, this property is an amazing opportunity for a commercial owner/user to acquire a real estate asset for their business. This property is close to the 170 Freeway and is perfect for warehouse distribution. The 10,666 square foot industrial building sits on an approximate 19,437 square foot parcel with plenty of gated parking. Property is in a cannabis friendly green zone and was previously DCR approved. Seller has already paid for permits for a 4000 amp panel upgrade that has been approved by LADWP. Over $300,000 spent on upgrades and planning for a new facility. Plans for a 29,000 square foot 3 story building are pending with LADBS.
Location
State CA
County Los Angeles
Area Nho - North Hollywood
Zoning LAM2
Interior
Fireplace No
Laundry None
Exterior
Fence Average Condition, Barbed Wire, Wrought Iron
Building
Water Public
Others
Tax ID 2327003048
Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange
Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange
Financing Conventional
Special Listing Condition Standard
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Bought with Armen Saroyan SARO Realty Inc
