S Central Avenue, Los Angeles, California 90001
S Central Avenue, Los Angeles, California 90001

Listed By American Real Estate Experts

The Commercial Property for Sale located at S Central Avenue, Los Angeles, California 90001 is currently for sale. S Central Avenue, Los Angeles, California 90001 is listed for $888,888.

Date Updated : Jun 27, 2024

$888,888 USD

Commercial for Sale, S Central Avenue, Los Angeles, California 90001

  • MLS#
    371797510
  • Minimum sellable space
    372 m² (4,000 ft²)
PATRICIA LEMIEUX
Patricia Lemieux

Property features

Property

  • Property size: 372 m² (4,000 ft²)

Lot/Land

  • Land/Lot size: 376 m² (4,043 ft²)

Construction

  • Year built: 1936

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

S Central Avenue, Los Angeles, California 90001

S Central Avenue, Los Angeles, California 90001