Active
112 N Gage Avenue
Los Angeles CA, 90063
$3,999,999
$222.22 per sqft
Active
18,000 sqft
Commercial
Built in 1996
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
CRCV24177049
MLSⓇ ID
August 26, 2024
Listed
January 10, 2025
Updated
Map
112 N Gage Avenue
Los Angeles CA, 90063
Interior Features
Fireplace
No
Cooling
Yes
Cooling Description
Central Air
Heating
Yes
Heating Description
Other
Exterior/Building Features
Lot Size
0.41 Acres
Roof
Other
Sewer
Public Sewer
Other Property Details
Area Name
Los Angeles
Garage
No
View
No
County
Los Angeles
Water Source
Public
Pool
No
Zoning
comm
Listing History
Date | Event | Price |
---|---|---|
8/30/2024 | Price change | $3,999,999 -100% |
Listed by Christian Munoz with CENTURY 21 EXPERIENCE
Listing Contact: 760-220-0703
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