8905 South Western Avenue 8905 South Western Avenue Los Angeles, California 90047 United States
$735,000
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Amazing opportunity for an owner user, investor or developer to acquire a mixed use property in South Los Angeles with three retail units and a one bedroom residential unit upstairs, all on month-to-month terms with separate gas and electric...
- 526 m²
- Exterior
- Commercial
- Property type
- 1948
- Year Built
- SB23195550
- Web Id
- SB23195550
- MLS ID
- 583
- days ago
About 8905 South Western Avenue
Amazing opportunity for an owner user, investor or developer to acquire a mixed use property in South Los Angeles with three retail units and a one bedroom residential unit upstairs, all on month-to-month terms with separate gas and electric meters. The property has a gated lot with secure on-site parking & roll up doors, high ceilings, and fifty feet of frontage on Western Avenue with over 30,000 vehicle daily traffic, presenting a perfect opportunity for an owner-user or investor. Rents are currently 50% below market, presenting significant upside. Alternatively, the Tier 2 TOC designation also presents an opportunity for a developer to take advantage of density bonuses to repurpose the C2 lot as affordable housing. Less than 2 miles to SoFi Stadium and the Kia Forum, and 6 miles from LAX, this centrally located asset provides consumers and tenants with easy access to the remainder of Southern California via nearby 110, 105 and 10 freeways.
Listing Courtesy of Imperial Real Estate, Email/Phone : mark@imperialrealestate.com
Listing Courtesy of Imperial Real Estate, Email/Phone : mark@imperialrealestate.com
PROPERTY INFORMATION
- Water
- Public
EXTERIOR
- Lot Description
- ZeroToOneUnitAcre
Listing Courtesy of Imperial Real Estate, Email/Phone : mark@imperialrealestate.com
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