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8905 S Western Avenue
Los Angeles CA 90047 US

$780,000

Active Listing ID SB23195550
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$780,000

Active Listing ID SB23195550
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8905 S Western Avenue Amazing opportunity for an owner user, investor or developer to acquire a mixed use property in South Los Angeles with three retail units and a one bedroom residential unit upstairs, all on month-to-month terms with separate gas and electric meters. The property has a gated lot with secure on-site parking & roll up doors, high ceilings, and fifty feet of frontage on Western Avenue with over 30, 000 vehicle daily traffic, presenting a perfect opportunity for an owner-user or investor. Rents are currently 50% below market, presenting significant upside. Alternatively, the Tier 2 TOC designation also presents an opportunity for a developer to take advantage of density bonuses to repurpose the C2 lot as affordable housing. Less than 2 miles to SoFi Stadium and the Kia Forum, and 6 miles from LAX, this centrally located asset provides consumers and tenants with easy access to the remainder of Southern California via nearby 110, 105 and 10 freeways.

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Property Features

  • Facts
  • Property Type: Commercial Sale
  • Property Sub-type: Other

Property

  • propertytype: Commercial Sale
  • propertysubtype: Other
  • listprice: 780000
  • unparsedaddress: 8905 S Western Avenue
  • postalcity: Los Angeles
  • stateorprovince: CA
  • country: US
  • postalcode: 90047
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeunits: Square Feet
  • livingarea: 4390
  • livingareaunits: Square Feet
  • latitude: 33.956047
  • longitude: -118.309354
  • listagentfullname: Mark Ehlers
  • listagentemail: mark@imperialrealestate.com
  • listagentkey: 3yd-MRMLSCA-SBEHLEMAR
  • listagentmlsid: SBEHLEMAR
  • listagentpreferredphone: 3106671469
  • listagentofficephone: 3106671469
  • listofficekey: 3yd-MRMLSCA-sb1342020
  • listagentstatelicense: 01955008
  • listofficemlsid: sb1342020
  • disclaimer: Copyright © 2024 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: MRMLSCA
  • yearbuilt: 1948
  • listingcontractdate: 2023-10-19
  • listagenturl: http://www.imperialrealestate.com
  • countyorparish: Los Angeles
  • parcelnumber: 6036017002
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • waterfrontyn: False
  • architecturalstyle: Other
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -118.30936, 33.956047
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Imperial Real Estate", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"mark@imperialrealestate.com", "ListBrokerageCity":"Manhattan Beach", "ListBrokerageCountry":"US", "ListBrokerageEmail":"mark@imperialrealestate.com", "ListBrokerageLogoUrl":null, "ListBrokerageName":"Imperial Real Estate", "ListBrokeragePhone":"(310) 667-1469", "ListBrokeragePostalCode":"90266", "ListBrokerageStateOrProvince":"CA", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"317 Rosecrans Avenue", "ListBrokerageWebsiteUrl":"http://www.imperialrealestate.com", "ListOfficeAddress1":"1008 S. Pacific Ave., #206", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"SBEHLEMAR", "ListOfficeCity":"San Pedro", "ListOfficeCountry":"US", "ListOfficeEmail":"mark@imperialrealestate.com", "ListOfficePostalCode":"90731", "ListOfficeStateOrProvince":"CA", "ListPriceCurrencyType":"USD", "ListingTitle":"Commercial Sale - Los Angeles, CA", "ListingURL":"https://listings.listhub.net/pages/MRMLSCA/SB23195550/?channel=rexren", "MLSModificationTimestamp":"2024-10-16T00:02:37Z", "Neighborhoods":[], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 11/8/2024 8:51:13 AM GMT
Source Updated Date: 11/21/2024 7:02:54 AM GMT

Courtesy of: Mark Ehlers, Imperial Real Estate, mark@imperialrealestate.com

Copyright © 2024 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.