8905 S Western Ave Los Angeles, CA 90047

Price
$875,000
Listed On
Type
For Sale
Status
Active
8905 S Western Ave, Los Angeles, CA 90047
8905 S Western Ave, Los Angeles, CA 90047
8905 S Western Ave, Los Angeles, CA 90047
8905 S Western Ave, Los Angeles, CA 90047
8905 S Western Ave, Los Angeles, CA 90047
8905 S Western Ave, Los Angeles, CA 90047
4390 sqft
Asking  $875,000

Snapshot

Property Type
Other
Lot Size
Property Sqft
4,390
MLS Number
SB23195550
Year Built
1948
Days On Market

Description

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.

More Details

Provider
Imperial Real Estate
MLS ID
MRMLSCA
MLS Name
California Regional Multiple Listing Service, Inc
MLS Number
SB23195550
Source
listhub
PARTICIPANT
Name
Mark Ehlers
Primary Phone
(310) 667-1469
Key
3YD-MRMLSCA-SBEHLEMAR
Email
mark@imperialrealestate.com
BROKER
Name
Imperial Real Estate
Phone
(310) 667-1469
OFFICE
Name
Imperial Real Estate
Phone
(310) 667-1469
Copyright © 2023 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

History

DateEventPrice$/SqftSource
Listed For Sale$875,000 $199Imperial Real Estate
Report issue with price history

Nearby Schools

Elementary School

Crescendo Charter Preparatory Central

0.2 miles awayKG - 03

Elementary School

La Salle Avenue Elementary

0.2 miles awayKG - 05

Elementary School

Manhattan Place Elementary

0.5 miles awayKG - 05
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Get more info on 8905 S Western Ave, Los Angeles, CA 90047
Profile
Mark Ehlers
Listing Agent
(310) 667-1469
By pressing request info, you agree that Residential and real estate professionals may contact you via phone/text about your inquiry, which may involve the use of automated means.
Profile
Mark Ehlers
Listing Agent
(310) 667-1469
By pressing request info, you agree that Residential and real estate professionals may contact you via phone/text about your inquiry, which may involve the use of automated means.