6556 S Western Avenue , Los Angeles, CA 90047
Los Angeles, CA 90047
Description
This property consists of a 1,925 sq.ft. building with 200 sq.ft. of office space on a 8,216 sq.ft. lot. Two grade level doors (20' x 10') and a gated and secure parking lot are also in place. Auto repair tenant pays $4,000 on a month-to-month lease, giving the new owner the ability to be an owner-user or landlord with stable income. Busy auto shop has steady demand for its recession-proof services. At only $115 per square foot of land, the property is priced to sell. Ask the listing agent about a state grant in place for site remediation. This site offers a savvy investor or developer a wide variety of options plus the ability to have an income-generating property during entitlement and development process. The city of Los Angeles has declared a state of emergency around homelessness and has pledged a streamlined entitlement and permitting timeline for 100% affordable projects. No parking is required for 100% affordable projects. Please do not disturb tenants.
Details
| Mls | 24428637 |
|---|---|
| Listing Type | For Sale |
| Subtype | Resale |
| Status | Active |
| Year | 1946 |
| Days On Site | 114 |
| Listing Provided By | Maher Commercial Realty 310-464-1453 | Nicole Lu |
Features
| Sq Feet | 1,925 |
|---|---|
| Storys | 1 |
| Zoning | LAC2 |
| Acreage | 0.19 |
Market Activity 90047
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| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90047 |
| Area | C34 Los Angeles Southwest |
| Listing VS Median (in 90047) | |
Price: $950,000 low | high Med: $750,000 SqFt: 1,925 low | high Med: 1,698 $ / SqFt: $494 low | high Med: $442 On Site: 114 low | high Med: 30.000000 | |