1270 Indiana St Los Angeles, CA 90023
This exceptional development opportunity in Commerce, CA, presents three contiguous parcels totaling 15,653 square feet. The property includes three addresses: 1270 S Indiana St, 1272 S Indiana St, and 3909 Union Pacific Ave, with a combined building square footage of 2,802 square feet. Two parcels are zoned R-3, offering multi-family potential, while one is zoned M-1, allowing for a variety of commercial uses. The combined zoning provides significant flexibility for redevelopment. This prime location at the corner of S Indiana St and Union Pacific Ave offers investors and developers a unique chance to capitalize on the area's growth. The APNs are 5242-009-016, 5242-009-017, and 5242-009-018. Individual parcel sizes are approximately 5,103 sq ft, 5,231 sq ft, and 5,319 sq ft respectively, with building sizes of approximately 696 sq ft, 544 sq ft, and 1,562 sq ft. This versatile site is ideal for a significant new development project in the heart of Commerce. The property is located in Los Angeles County, CA, zip code 90023.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
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