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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