1161 S. Hicks Ave.
East Los Angeles , California 90023
- Listing Type:
- For Sale
- Listing Price:
- Property Type:
- Property Subtype:
- Year Built:
- Listing Status:
- Land Area:
- 0.12 Acres
KW Commercial is pleased to present this 5,208 SF LC-M1 zoned lot. The lot has good frontage with approximately 40 feet along Hicks Ave and a depth of approximately 130 feet.
The subject property is currently rented as storage on a month to month tenancy for $1,000 per month.
This Offering will attract an investor, owner/user or a developer looking to build on a piece of land in a densely populated area of East Los Angeles with great freeway access at only $56 per SF!!!
• APPROX. 5,208 SF LC-M1 ZONED LOT.
• APPROX 40 FEET OF FRONTAGE ALONG HICKS AVE.
• CURRENTLY INCOME PRODUCING; LEASED ON A MONTH TO MONTH TENANCY.
• PRICED AT ONLY $56 PER SF ON LAND VALUE!!!
• EXCELLENT FREEWAY ACCESS; JUST SOUTH OF THE 5 FREEWAY AND LESS THAN 1 MILE FROM THE 60 & 710 FREEWAYS.
• GOOD DEMOGRAPHICS: OVER 30,000 PEOPLE RESIDE WITHIN A 1-MILE RADIUS & JUST UNDER 300,000 PEOPLE RESIDE WITHIN A 3-MILE RADIUS.