8810 S Central Avenue , Los Angeles, CA 90002
Los Angeles, CA 90002
Description
Motivated Seller. Ownership will consider all reasonable offers. Site is available for lease at $7,800/month. Seller has a clean phase 2 environmental report on file. Ideal for a tire shop, car or truck storage, equipment storage, recycling centers, etc. We are pleased to present this unique opportunity to purchase or lease an +/-12,014 square foot lot zoned C2-1VL-CPIO TOC Tier 1. There is a +/-3,000 Sq.Ft. building on the site in cold shell condition. The subject site is eligible for ED1 as a 100% affordable project, allowing for a streamlined entitlement and permitting process. Conveniently located at the corner of S. Central Avenue and 88th Street in South Los Angeles. A developer can build up to 47 units on the site using the TOC menu, allowing for a 50% density bonus. This is a very good value at $22,340 per buildable door, $87.40 per Sq.Ft. on land and a clean Phase II on file. The site is comprised of three APN's: 6043- 004-014, 6043-004-015 and 6043-004-016.The property consists of a large lot with several vacant buildings. This site offers a savvy investor or developer a wide variety of options, from building a 47 unit residential building to leveraging the flexible C2 zoning and developing a commercial property on the site. Great location just three blocks south of Firestone Blvd. and Central Avenue. This intersection is a main retail corridor offering national brands like KFC, Taco Bell, Family Dollar, Church's, and Burger King, to local services like laundry, auto parts, florist, barbershop, mobile phone provider, and a church. Seller has a clean phase 2 environmental report on file. The site is comprised of three APN numbers 8802 S. Central (6043-004-014), 8806 S. Central (6043-004-015) and 8810 S. Central (6043-004-016).
Details
| Mls | 24465535 |
|---|---|
| Listing Type | For Lease |
| Status | Active |
| Year | 1927 |
| Days On Site | 17 |
| Listing Provided By | Maher Commercial Realty 310-464-1453 | Oron Maher |
Features
| Sq Feet | 3,000 |
|---|---|
| Storys | 1 |
| Zoning | C2-1VL-CPIO |
| Acreage | 0.28 |
Market Activity 90002
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Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90002 |
| Area | C37 Metropolitan South |
| Listing VS Median (in 90002) | |
Price: $7,800 low | high Med: $612,500 SqFt: 3,000 low | high Med: 1,296 $ / SqFt: $3 low | high Med: $478 On Site: 17 low | high Med: 24.500000 | |