Attention builders/developers! Substantial price reduction for a 7,069 SF of land at 9920 S Central Ave. The 3,316 SF building once a Mortuary closed for several years would be a perfect Tear-Down to build low-income housing! The property is in an Enterprise Zone, TOC Tier 2 with a current zoning of C1-VL. Could possibly build a 3-4-story low-income apartment building (must check with the city). The seller has obtained a Phase 1 Report on the property and the Phase 1 Engineer recommends doing a Phase 2 inspection. Any interested parties would have to do their own investigations with the City of Los Angeles. The sellers make no guarantees or warranties, and the property is sold As-Is. WARNING: No one is allowed to enter the building . Please contact the co- listing broker, Robert Leighton, for any further information. DO NOT ATTEMPT TO GO ON THE PROPERTY WITHOUT PERMISSION AND PROPER SUPERVISION. .
MLS # | 25524521 |
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Listing Type | For Sale |
Sub-Type | Resale |
Status | Active |
Year | 1947 |
Days On Site | 72 |
Listing Provided By | Rodeo Realty- Brentwood | Rhonda Payne |
SQ Feet | 3,316 |
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Story(s) | 2 |
Units | 1 |
Zoning | LAC1 |
Acreage | 0.16 |
Heating | None |
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Heating Yes / No | No |
Cooling Yes / No | No |
Construction Materials | Frame |
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Lot Features | Corner Lot, Near Public Transit |
State | CA |
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County | Los Angeles |
City | Los Angeles |
Zip Code | 90002 |
Area | C37 Metropolitan South |
Listing VS Median (in 90002) | |
Price: $699,999 low | high Med: $670,000 SqFt: 3,316 low | high Med: 1,638 $ / SqFt: $211 low | high Med: $409 On site: 72 low | high Med: 38.000000 |