6556 S Western AVE Active Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90047
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 24428661
Lot Size 8,215 Sqft
Property 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.
Location
State CA
County Los Angeles
Area C34 - Los Angeles Southwest
Zoning C2-1VL-CPIO
Exterior
View Y/N No
View None
Building
Lot Description Value In Land
New Construction No
Others
Special Listing Condition Standard