CA > Los Angeles
Los Angeles, CA 90047,6556 S Western Ave
Los Angeles, CA 90047,6556 S Western Ave
Los Angeles, CA 90047,6556 S Western Ave
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$950,000
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8,216 Sqft Lot
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6556 S Western Ave Los Angeles, CA 90047

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Joshua Shorter

Joshua Shorter

+1(702) 728-0089

UPDATED:

10/18/2024 04:52 PM

Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID 24-428661

Lot Size 8,216 Sqft

Acres 0.1887

Property 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.

Location

State CA

County Los Angeles

Area Los Angeles Southwest

Zoning C2-1VL-CPIO

Exterior

View Y/N No

View None

Building

Lot Description Fenced, Redevelopment Area, Sidewalks, Street Paved, Tear Down On Lot, Value In Land

Others

Special Listing Condition Standard

TheMLS (CLAW)
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Listed by Maher Commercial Realty

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Joshua Shorter

RE.S.0191694

+1(702) 728-0089

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6556 S Western Ave