S Central Avenue Los Angeles, California
Listed By American Real Estate Experts
The Commercial Property for Sale located at Los Angeles, California is currently for sale. Los Angeles, California is listed for $888,888. If the property located at Los Angeles, California isn't what you're looking for, visit https://devadmindomaintest1.xomio.com to see other Commercial Properties for Sale in Los Angeles .
Date Updated : Jun 27, 2024
MLS#: 371797510
$888,888 USD
- Minimum sellable space372m² (4,000ft²)
Property features
Construction details
- Year built: 1936
Area
- Property size: 372m² (4,000ft²)
- Land/Lot size: 376m² (4,043ft²)
Description
***DO NOT GO DIRECT, DO NOT DISTURB TENANTS*** Welcome to 6524 S Central, a value add deal in the up and coming community of Florence - Firestone. This property has a total of 11 existing units (9 upstairs and 2 downstairs). According to Planning department this small lot has very high density and can go up to 14 units. There are multiple metered utilities which will allow the owner to separately charge for those services. Florence - Firestone is a TOD Transit Oriented District Specific Plan that was adopted on 09.03.2019. There may also be funds available through the Los Angeles County Development Authority (LACDA) by way of Notice of Funding Availability (NOFA) to fund substantial rehabilitation of affordable housing in exchange for favorable loan terms through this program. There will be much development here over the next few years which may bring values significantly higher. Buyer and/or buyer's agent to do all inspections and verify all information regarding listing. Private financing available. No information is guaranteed or warranty by listing agent or seller.
Location
Listing Contact: 818-447-9251
