8810 South Central Avenue
$1,050,000
12,014 / 0.28
Description
Motivated Seller. Ownership will consider all reasonable offers. Site is available for lease at $7,800/month. Seller has a clean phase 2 environmental report on file. We are pleased to present this unique opportunity to purchase an +/-12,014 square foot lot zoned C2-1VL-CPIO TOC Tier 1. 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. Conveniently...Motivated Seller. Ownership will consider all reasonable offers. Site is available for lease at $7,800/month. Seller has a clean phase 2 environmental report on file. We are pleased to present this unique opportunity to purchase an +/-12,014 square foot lot zoned C2-1VL-CPIO TOC Tier 1. 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. Conveniently located at the corner of S. Central Avenue and 88th Street in South Los Angeles. A developer can build up to 47 units on the site using the TOC menu, allowing for a 50% density bonus. This is a very good value at $22,340 per buildable door, $87.40 per Sq. Ft. on land and a clean Phase II on file. The site is comprised of three APN's: 6043-004-014, 6043-004-015 and 6043-004-016. 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 47 unit residential building to leveraging the flexible C2 zoning and developing a commercial property on the site. Great location just three blocks south of Firestone Blvd. and Central Avenue. This intersection is a main retail corridor offering national brands like KFC, Taco Bell, Family Dollar, Church's, and Burger King, to local services like laundry, auto parts, florist, barbershop, mobile phone provider, and a church. Seller has a clean phase 2 environmental report on file. The site is comprised of three APN numbers 8802 S. Central (6043-004-014), 8806 S. Central (6043-004-015) and 8810 S. Central (6043-004-016).
- Listed by Oron Maher • DRE #01299093 • Brokerage DRE #01299093 • Maher Commercial Realty
Property Details for 8810 South Central Avenue
Zoning
LAC2
Cross StreetsS. Central Avenue & E. 88th Street
Parcel Number6043004016
AreaMetropolitan South (C37)
Lot Size Area12014
Source Lot Size AreaOther
Potential UsageTire shop, Car or truck storage, Equipment storage, Recycling center
Assessor Parcel Number6043-004-016
LISTING UPDATED: 11/20/2024 09:17 AM
Property Details for 8810 South Central Avenue
Status | Active |
---|---|
MLS # | 24-408661 |
Days on Market | 151 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Land |
MLS Type | Land Lot |
Year Built | - |
Lot Size | 0.28 AC |
County | Los Angeles County |
Building Information for 8810 South Central Avenue
Lot Size0.28 AC
Property Information for 8810 South Central Avenue
Property History for 8810 South Central Avenue
Date | Event & Source | Price | Appreciation |
---|
Date | Event & Source | Price |
---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 8810 South Central Avenue
Taxable ValueLand$10,544Additions$17,517Total$28,061
Tax Record2024$1,038 ($87 / month)
Home Facts
Total Finished SqFt2,964 SqFtAbove Grade Finished SqFt2,964 SqFtStories1Lot Size4,025 SqFtStyleLight IndustrialYear Built1927ZoningLAC2CountyLOS ANGELESAPN6043-004-016
Schools near 8810 South Central Avenue
This home is within Los Angeles Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 6 | |||
Public - | 7 to 8 | |||
Public - | 9 to 12 | |||
Charter - | K to 4 |
Rating | School | Distance |
---|---|---|
Russell Elementary School PublicK to 6 | ||
Charles Drew Middle School Public7 to 8 | ||
KIPP Ignite Academy CharterK to 4 |
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.
Similar Homes
Sorry, we can't find any similar homes at this time. Please check back later.
Similar Sold Homes
Sorry, we can't find any similar sold homes at this time. Please check back later.