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$780,000
431 Days On Site

8905 S Western Avenue
Los Angeles, CA 90047

For Sale|Retail|Active
0
Beds
0
Full Baths
0
Partial Baths
4,390
SqFt
$178
/SqFt
1948
Built
County:
Los Angeles
Listed by Mark Ehlers of Imperial Real Estate [email protected]

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8905 S Western Avenue8905 S Western Avenue8905 S Western Avenue8905 S Western Avenue
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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 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.

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Listing Snapshot
Price 
$780,000
Days On Site 
431 Days
Bedrooms 
N/A
Inside Area (SqFt) 
4,390 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.1291 Acres
Year Built 
1948
MLS® Number 
SB23195550
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Assessor
Friends & Family
Recent Activity
2 months agoStatus changed to Active
2 months agoListing updated with changes from the MLS®
10 months agoPrice changed to $780,000
a year agoListing first seen on site
General Features
Acres 
0.1291
Number Of Stories 
2
Property Sub Type 
Retail
Special Circumstances 
Standard
SqFt Total 
4390
Water Source 
Public
Zoning 
C2 TOC-3
Interior Features
Laundry Features 
None
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Community Features
MLS Area 
C36 - Metropolitan Southwest


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
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