6556 S Western Avenue
Los Angeles, CA 90047
0.19 acres | #24428661
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.
Property Details
- Lot DescriptionValueInLand
Measurements
- Acres0.1886
Construction Details
- Property TypePurchase
Community and Neighborhood Details
- CountyLos Angeles
Financial Details
- Original List Price$950,000
Other
- MLS #24428661
Location
Legal
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Last Updated:Â . Source: CRMLS
Listing Courtesy
Listing Agent: Nicole Lu (#CLW-C128275)
Listing Office: Maher Commercial Realty (#CLW-X83092)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
