660 W Avenue L

    Lancaster, CA 93534
    • $4,000,000
    • STATUS: Active
    • ON SITE: 163 days
    • ID#: SR18151818
    UPDATED: 50 min ago
    $4,000,000
    • 0
      BEDS
    • 9.85
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,430
      SQFT
    • $1,166
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1978
    County:

    School Ratings & Info

    Description

    One of the largest wood pallet companies in Southern Ca. with longevity and a strong customer base is currently for sell. Operating from two central locations with a delivery radius of 50 miles from each locale the company has a quick production time, even with custom pallets. The company diversifies with new, used, combo pallets, crates and used plastic pallets. The original locale occupies 1.4 acres of land with administrative offices across the street all of which the owner has leased since the founding in 2002. The operation has at least 20,000 pallets in inventory at all times. The location maintains 25- 30 employees. The production of custom pallets is a specialty that this location offers with a quick production time. The second location which the owner bought in 2003 occupies 10 acres of land. This location maintains approx. 40,000 pallets within its inventory. The pallet company occupies 1.4 acres of land with approx. 4 acres coterminous that can be expanded for future growth. There are three separate businesses that lease from the owner of the land with over $12,000 of passive income per month.The company is a +G+ Turn Key +G+ operation. The business is listed for $2.7M and the land for $4M.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-12-13T09:28:56.21. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
    www.sonyathebroker.com/homes/85239751

    660 W Avenue L Lancaster, CA 93534

    • Price: $4,000,000
    • Status: Active
    • Updated: 50 min ago
    • ID#: SR18151818
    0
    Beds
    0
    Baths
    0
    ½ Baths
    9.85
    Acres
    3,430
    SQFT
    $1,166
    $/SQFT
    1978
    Built
    Neighborhood:
    LAC - Lancaster
    County:
    Los Angeles
    Area:
    LAC - Lancaster
    Property Description
    One of the largest wood pallet companies in Southern Ca. with longevity and a strong customer base is currently for sell. Operating from two central locations with a delivery radius of 50 miles from each locale the company has a quick production time, even with custom pallets. The company diversifies with new, used, combo pallets, crates and used plastic pallets. The original locale occupies 1.4 acres of land with administrative offices across the street all of which the owner has leased since the founding in 2002. The operation has at least 20,000 pallets in inventory at all times. The location maintains 25- 30 employees. The production of custom pallets is a specialty that this location offers with a quick production time. The second location which the owner bought in 2003 occupies 10 acres of land. This location maintains approx. 40,000 pallets within its inventory. The pallet company occupies 1.4 acres of land with approx. 4 acres coterminous that can be expanded for future growth. There are three separate businesses that lease from the owner of the land with over $12,000 of passive income per month.The company is a +G+ Turn Key +G+ operation. The business is listed for $2.7M and the land for $4M.
    Exterior Features

    Lot Features 6-10 Units/Acre Lot Size Source Seller Lot Size Units Acres

    Interior Features

    Condo Area Units Square Feet Laundry Features None

    Property Features

    Additional Parcels Description 31280090173128009081 Additional Parcels YN Yes Building Area Units Square Feet Building Status Existing Country Us Industrial Type High Tech/R&DManufacturingWarehouse/DistributionWarehouse/Office Land Lease YN No Land Use Industrial Laundry YN No Leasable Area Units Square Feet Max Total Area Units Square Feet Min Total Area Units Square Feet Net Operating Income 110824.00 Property Sub Type Specialty Special Listing Conditions Standard Water Source Private Year Built Source Assessor Zoning Industrial

    Listing provided courtesy of Mel Wilson of Mel Wilson & Associates.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-12-13T09:28:56.21. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
     
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