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$950,000

Est. payment - /mo

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1,925 SqFt

Active

6556 S Western AVE Los Angeles, CA 90047

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Nathan King Real Estate Group

info@kingrealestate.group +1(559) 396-0000

UPDATED:

10/18/2024 04:54 PM

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 1,925 sqft

Price per Sqft $493

MLS Listing ID 24428637

HOA Y/N No

Year Built 1946

Lot Size 8,215 Sqft

Acres 0.1886

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 LAC2

Interior

Fireplace No

Exterior

Community Features Gated

Building

Story 1

Others

Tax ID 6015012001

Security Features Gated Community

Special Listing Condition Standard

Listed by Nicole Lu • Maher Commercial Realty

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Nathan King Real Estate Group

Broker | License ID: 01878277

+1(559) 396-0000

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