8810 S Central Avenue Active Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90002
$ 6500
- Bed
0 Bath
3000 SqFt
Key Details
Property Type Commercial
Sub Type Comm Ind For Lease
Listing Status Active
Purchase Type For Rent
Square Footage 3,000 sqft
MLS Listing ID CL24465535
HOA Y/N No
Year Built 1927
Lot Size 0.276 Acres
Acres 0.28
Property Sub-Type Comm Ind For Lease
Property Description
We are pleased to present this unique opportunity to purchase or lease an +/-12,014 square foot lot zoned C2-1VL-CPIO TOC Tier 1. A developer can build up to 47 units on the site using the TOC menu, allowing for a 50% density bonus or up to 85 units under ED1. This is a very good value at $9,352 per buildable door and $66.17 per Sq.Ft. on land. There is a +/-3,000 Sq.Ft. building on the site in cold shell condition. The subject site is eligible for ED1 as a 100% affordable project, allowing for a streamlined entitlement and permitting process. Available for lease at $6,500 per month. Property uses include recycling center, tow yard, vehicle storage, property storage, auto service, auto body work, construction equipment storage, tire supplier, community services. Conveniently located at the corner of S. Central Avenue and 88th Street in South Los Angeles. Located one block from an upcoming 119 unit affordable housing project by Abode Communities. The Seller currently has a clean Phase II from the year 2024 on file. The property consists of a large lot with several vacant buildings. This site offers a savvy investor or developer a wide variety of options, from building a 85 unit residential building to leveraging the flexible C2 zoning and developing a commercial property on the si
Location
State CA
County Los Angeles
Zoning C2-1
Interior
Fireplace No
Building
Lot Description Corner Lot
New Construction No
Others
Tax ID 6043004016