1855 W Gage Avenue, Los Angeles, CA 90047
Commercial property · 2 recorded sales since 2016
Sold October 2017
Listing Agent: Leo Nordine (DRE #00961679) · Listing Office: Nordine Realtors, Inc. · Contact: 310-379-8800 · Bought with: Molly Baltimore-Nordine · Nordine Realtors, Inc. · MLS #SB17206824 · Source: CRMLS
About this commercial property
Updated 6100 sq.ft. M2 building on 7423 sq.ft. lot in gentrifying Hyde Park area. Leased for $3600 a month until November 15, 2018. Excellent long term tenant, would love to stay. Tons of upside in rent. 25' high ceiling, skylights, front + rear offices, bathroom, newer windows, newer roof, HVAC, upgraded electrical. Large rollup door + long gated parking area (see white gate on right side of building). Second resale in 39 years. No phase 1 yet but I think it's clean. Prior owner had one done, says it was clean. L.A. Times quote: "Hyde Park is being connected with downtown, LAX and the new Rams/Chargers NFL stadium via the under-construction Metro Crenshaw Line, providing access to jobs for area residents. And the dream of finding affordable homes in the city is drawing new home buyers to invest in the neighborhood." Hollywood Park Tomorrow will be a $3 billion city within a city, with curving streets, parks, upscale restaurants & shopping. See L. A. Times story + allowable uses under M2 zoning in supplements.
Listing description from the October 2017 sale, as reported to CRMLS.
Sale history
