4614 South Western Avenue
$1,750,000
4
8
7,824
7,824
$224
Description
Value Added Opportunity for a fully vacant Retail/Office/Residential property consisting of 7,824 SF of building and 5,663. SF of land. Potential to remodel the existing building or build new development. Listed at below market prices and has live/work potential. Mid Century Modern Mixed Use 2 Story Building located on Western Avenue, just south of Vernon Avenue.1st Floor has 7 commercial units (retail and office)2nd Floor has 4 one-bedroom and one-bathroom residential apartment unitsGated parking...Value Added Opportunity for a fully vacant Retail/Office/Residential property consisting of 7,824 SF of building and 5,663. SF of land. Potential to remodel the existing building or build new development. Listed at below market prices and has live/work potential. Mid Century Modern Mixed Use 2 Story Building located on Western Avenue, just south of Vernon Avenue.1st Floor has 7 commercial units (retail and office)2nd Floor has 4 one-bedroom and one-bathroom residential apartment unitsGated parking lot in rear with alley access. Property also features an atrium, front and rear staircases, and a storage room. Located in an Opportunity Zone, Los Angeles State Enterprise Zone , Redevelopment Project Area - Western/Slauson, and Urban Agriculture Incentive Zone. Property has some deferred maintenance and needs updating. Various incentives and highly desirable loan programs for owner-users are available. Property neighbors several large new developments. Neighborhood has lots of upside and growth potential. Across the Street from Barack Obama Global Preparation Academy & Westbrook Middle School. On Western Avenue Between 46th and 47th Street, South of Vernon Ave and North of Slauson Ave. Located in Transit Oriented Community Tier 3 (TOC 3) with bus stops located at Western/Vernon and Western/48th Ave. The centrally located property is eligible for Reduced Parking Requirements, AB 2334 Density Bonus, and probably AB 2011 Streamlined Approval. Showing by appointment.
- Listed by Jonathan Varsano • DRE #01164716 • Brokerage DRE #01164716 • Jonathan Varsano
Property Details for 4614 South Western Avenue
Zoning
LAC2
Parcel Number5016014004
Total Units11.0
Living Area7824
Source Living AreaVendor Enhanced
AreaLos Angeles Southwest (C34)
Vacancy Rate100%
Lot Size Area5722
LISTING UPDATED: 11/15/2024 11:39 AM
Property Details for 4614 South Western Avenue
Status | Active |
---|---|
MLS # | 24-460385 |
Days on Market | 81 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1962 |
Lot Size | 0.13 AC / 5,722 SF |
County | Los Angeles County |
Building Information for 4614 South Western Avenue
Stories2Residences-Year Built1962Building Size-Lot Size0.13 AC / 5,722 SF
Property Information for 4614 South Western Avenue
Property History for 4614 South Western Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 4614 South Western Avenue
Taxable ValueLand$28,576Additions$108,376Total$136,952
Tax Record2024$2,570 ($214 / month)
Home Facts
Total Finished SqFt7,824 SqFtAbove Grade Finished SqFt7,824 SqFtStories1Lot Size5,722 SqFtStyleOffice BuildingYear Built1962ZoningLAC2CountyLOS ANGELESAPN5016-014-004
Schools near 4614 South Western Avenue
This home is within Los Angeles Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Charter - | K to 5 | |||
Public - | 6 to 11 | |||
Public - | 9 to 12 | |||
Charter - | 6 to 8 |
Rating | School | Distance |
---|---|---|
Gifted Academy Of Math And Entrepreneurial Studies CharterK to 5 | ||
Barack Obama Global Preparation Academy Public6 to 11 | ||
California Collegiate Charter School Charter6 to 8 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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