1120 S Boyle
Los Angeles, CA, 90023 $ 6,999,999
Bedrooms-- Baths0.0 Monthly Estimate*
$ 44,199
Listed by Enrique Suarez, Diamond Real Estate One, TheBroker@Outlook.com
for $6,999,999. The lot size is 0.4627.
Prime 20,152 SF Industrial Parcel | DTLA / Boyle Heights Transit Corridor. Exceptional opportunity for builders, developers, and owner-users to acquire an approximately 20,152 sq. ft. industrial lot positioned right at the strategic confluence of the US-101, CA-60, and I-5 freeway interchange. *Zoned [T][Q]MR1-1VL-CUGU (City of Los Angeles Restricted Light Industrial Zone) buyer to verify. Flexible utility for modern logistics, fleet storage, creative industrial spaces, warehousing, or custom commercial facilities. *Immediate Cash Flow / Covered Land Play: The parcel has long served as storage for the neighboring business. There is currently no visible or physical division between said parcels and the neighboring currently connected current owner business to the South. New owner would need to create a physical separation, wall or zero lot build as permitted by city to separate from neighboring existing parcel. The seller is needing to lease back the property for at least one year (lease terms and rent negotiable) to liquidate and move existing merchandise on said parcel, delivering immediate holding income while you finalize project design, entitlement, and building permits. Some existing structures will remain once property is fully vacated at the end of said lease. Seller states or makes no claims as to the legitimacy of permits, legality, if any, of said remaining existing structures. Property is being sold for land value only. *Unmatched Regional Access: Immediate on/off access to the 101, 60, and 5 freeways provides rapid connectivity across Downtown Los Angeles, the San Gabriel Valley, Orange County, and the greater Southern California logistics network. *Dynamic Surrounding Growth: Situated moments from the booming DTLA Arts District, historic Boyle Heights, and the iconic Sixth Street Viaduct corridor. The surrounding area continues to benefit from major urban infrastructure investments, including the Sixth Street PARC project, nearby creative studios, and extensive regional commercial revitalization. Drive-by inspections are welcome anytime. On-site access and interior walkthroughs are strictly by appointment only. Please do not disturb the current occupant. ***Buyer and buyer’s agent to conduct their own independent due diligence and verify all information, including zoning designations, building codes, permitted uses, violations, if any, lot dimensions, easements, and development potential with the City of Los Angeles.***
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FeaturesGeneralSewer None
Utilities Electricity Available None Phone Available Sewer Available Water Available Sewer Not Available Water Not Available
Zoning LAMR1
HOA Fee 0
Exclusions All seller's merchandise tools vehicles and other miscellaneous property currently located on site.
View None
Current Use Commercial Industrial Parking Lot Storage
Community Features Curbs Gutter(s) Street Lights Sidewalks Urban
County Los Angeles
New Construction false
Property Type Land
HOA false
Contingency Seller must lease back for at least 12 months to sell inventory and move existing merchandise at site.
Special Listing Conditions Standard
Status Active
Directions Right in the middle of the 101 60 and 5 interchange.
City Los Angeles
Senior Community Y/N false
MLS Area BOYH - Boyle Heights
Lot Size Units Square Feet
Lot Size Square Feet 20157
Listing Terms Cash Cash to New Loan Lease Back
Land Lease Y/N false
Current Financing None
Additional Parcels Y/N false
Standard Status Active
Tax Lot 25
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ExteriorFencing Chain Link
Lot Features 0-1 Unit/Acre Irregular Lot Level Near Public Transit Paved Street Level Value In Land
Water Source None
Lot Size Area 20157
Lot Size Acres 0.4627
Road Surface Type Paved
Lot Size Source Assessor
Road Frontage Type City Street
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* Excluded FeaturesList ByEnrique SuarezListing Agent
Diamond Real Estate OneBroker
TheBroker@Outlook.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $44,199
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyLots and land listings in Los Angeles, CA
Average List Price $1,940,864
Percent of Sale Price 72%
About Los Angeles, CA 3,920,026 Population
6% Since 2002
$ 55,057 Median Income
36.82 Median Age
27% Households with Children
Trends Information provided by ATTOM Data Solutions.
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 9/26/2026 | $6,999,999 | | Listed Price |