112 N Gage AVE, Los Angeles, CA 90063 – CV24177049

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$3,999,999

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0.41 Acres Lot

Active

112 N Gage AVE Los Angeles, CA 90063

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Marlyn Kamibayashiyama

marlyn4k@gmail.com +1(702) 325-8918

UPDATED:

12/05/2024 02:20 AM

Key Details

Property Type Commercial

Sub Type Business

Listing Status Active

Purchase Type For Sale

MLS Listing ID CV24177049

HOA Y/N No

Year Built 1996

Lot Size 0.413 Acres

Lot Dimensions Assessor

Property Description

Come take a look at this property located in the heart of Los Angeles. Conveniently located on the corner of two major cross streets of North Gage St. and Downey Rd. Property cash flows immediately with two current tenants. A meat market/grocery store, private warehouse and separate bakery. Property comes with private parking lot to maximize customer traffic. This property has more room to add more revenue with the amount of space it offers with a lot size of over 18,000 sqft. Great opportunity to convert this unit into into 2 more businesses totaling to 4 businesses in one building to maximize cashflow. The market offers private office space, two industrial size stainless steel walk in coolers with 1 cooler offering 10 doors of shelf space for grocery store revenue, industrial size freezer, restaurant grade flooring in meat market, stainless steel 3 compartment sinks, 2 cutting tables and 2 customer restrooms. There is a private parking lot offering 14 parking spots and dumpster space. Bakery contains an oven, its own restroom, food display case, a grease trap, 2 compartment sink, and parking spaces for 4. Building has been recently painted and the roof is less 15 years old. All the refrigeration from walk ins and freezer is less than 3 years old. All electrical has been updated to all your business needs and future needs.

Location

State CA

County Los Angeles

Area C16 - Mid Los Angeles

Zoning commercial

Interior

Heating Central

Cooling Central Air

Fireplace No

Laundry None

Exterior

Fence Brick

Utilities Available Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Available, Sewer Connected, Water Available, Water Connected

Roof Type Common Roof

Building

Lot Description 2-5 Units/Acre, Corner Lot

Story 1

Water Public

Others

Tax ID 5233008021

Acceptable Financing Cash, 1031 Exchange, Lease Back, Lease Option, Owner May Carry, Submit

Listing Terms Cash, 1031 Exchange, Lease Back, Lease Option, Owner May Carry, Submit

Special Listing Condition Standard

Listed by Christian Munoz • CENTURY 21 EXPERIENCE • 760-220-0703

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+1(702) 325-8918

marlyn4k@gmail.com