6556 S Western Avenue 6015012001
Los Angeles, CA, 90047
$950,000
Beds
0 Baths
SqFt
0.19 Acres
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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.
LISTING AGENT: Nicole Lu
LISTING BROKERAGE: Maher Commercial Realty
6556 S Western Avenue 6015012001
Los Angeles, CA

Property Details

Price:
$950,000
MLS #:
24428661
Status:
Active
Baths:
0
Address:
6556 S Western Avenue 6015012001
Type:
Land
Neighborhood:
c34losangelessouthwest
City:
Los Angeles
Listed Date:
Aug 16, 2024
State:
CA
ZIP:
90047
Lot Size:
8,216 sqft / 0.19 acres (approx)
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The Agency fully supports the Equal Housing Opportunity laws. The Agency IP Holdco, LLC and its parents, affiliates, subsidiaries, franchisees of its affiliates, and network partners make no representations, warranties, or guaranties as to the accuracy of the information contained herein, including square footage, lot size or other information concerning the condition, suitability or features of the property. All material is intended for informational purposes only and has been obtained from public records, MLS, or other sources believed to be reliable, but not verified. All prospective buyers should conduct a careful, independent investigation of the information and property, and consult with appropriate professionals, such as appraisers, architects, civil engineers, etc. CalDRE #01904054

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