Pacoima (los Angeles), CA 91331,11238 Ilex Avenue
$800,000
$1,500,000
46.7%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

5,040 SqFt

11238 Ilex Avenue Pacoima (los Angeles), CA 91331

Est. payment /mo
SOLD DATE : 10/17/2025

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

Our team is ready to help you sell your home for the highest possible price ASAP

Key Details

Sold Price $800,000

Property Type Commercial

Sub Type Comm Ind For Sale

Listing Status Sold

Purchase Type For Sale

Square Footage 5,040 sqft

Price per Sqft $158

MLS Listing ID CL25578597

Sold Date 10/17/25

HOA Y/N No

Year Built 1970

Lot Size 9,924 Sqft

Acres 0.23

Property Sub-Type Comm Ind For Sale

Property Description

11238 Ilex Ave presents a rare industrial investment opportunity in the established business hub of Pacoima, CA. The property features a total of three units, one at 2,520 square feet and two at 1,260 square feet, each equipped with a small office and private restroom, catering to a variety of industrial and commercial users. High ceilings and roll-up doors provide a versatile, open layout ideal for manufacturing, storage, or distribution operations. Situated on a 9,924 square foot lot and spanning 5,040 square feet of building area, the property offers additional income potential through four 40-foot waterproof storage containers located at the rear. The property is leased on a month-to-month basis and can be structured as an absolute NNN lease, allowing a new owner to maintain the existing income stream or reposition the asset to maximize returns. Under an NNN structure, the tenant would be responsible for all taxes, insurance, and maintenance resulting in zero landlord responsibilities. Built in 1970 and strategically positioned for accessibility, 11238 Ilex Ave benefits from direct connectivity to major freeways, making it an ideal location for logistics and regional distribution. With its fee simple ownership, flexible tenancy, and strong physical attributes, the property of

Location

State CA

County Los Angeles

Zoning LAM1

Interior

Fireplace No

Exterior

Total Parking Spaces 8

Building

New Construction No

Others

Tax ID 2616020007

Read Less


Bridge MLS
Listed by Tony Azzi • Tony Azzi
Bought with TonyAzzi

GET MORE INFORMATION

Ian Stapp

Ian Stapp

Agent | CA DRE#02177046

+1(209) 765-4712

Name
Phone*
Message