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Portfolio Investment Opportunity - 18 Parcels | Light Industrial Zoning. Offered for sale is a rare 18-parcel portfolio consisting of 11 residential homes, 1 commercial building, and 6 vacant lots, all located within a Light Industrial (LI) zoning district. The portfolio is fully leased, providing immediate income with clear upside potential through rental growth, redevelopment, or new construction. The residential properties have been generally well maintained and are in good overall condition. The commercial building is currently leased to a granite company, offering stable tenancy. The six vacant parcels present a compelling value-add opportunity, ideal for the development of light industrial warehouses or flex space, subject to zoning and approvals. Strategically positioned near Interstate I-10 at Stockton Street and Phyllis Street, the portfolio offers excellent accessibility and is...
Portfolio Investment Opportunity - 18 Parcels | Light Industrial Zoning. Offered for sale is a rare 18-parcel portfolio consisting of 11 residential homes, 1 commercial building, and 6 vacant lots, all located within a Light Industrial (LI) zoning district. The portfolio is fully leased, providing immediate income with clear upside potential through rental growth, redevelopment, or new construction. The residential properties have been generally well maintained and are in good overall condition. The commercial building is currently leased to a granite company, offering stable tenancy. The six vacant parcels present a compelling value-add opportunity, ideal for the development of light industrial warehouses or flex space, subject to zoning and approvals. Strategically positioned near Interstate I-10 at Stockton Street and Phyllis Street, the portfolio offers excellent accessibility and is minutes from I-295, enhancing tenant appeal and long-term investment.
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