Description
We are pleased to present this unique opportunity to purchase an +/-12,014 square foot lot zoned C2-1VL-CPIO. The site is 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. This is a very good value at $24,468 per buildable door. 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. 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).
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0.28ACRES
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School Ratings & Info
Description
We are pleased to present this unique opportunity to purchase an +/-12,014 square foot lot zoned C2-1VL-CPIO. The site is 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. This is a very good value at $24,468 per buildable door. 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. 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).
Based on information from California Regional Multiple Listing Service, Inc. as of 2024-10-15T08:25:46.673. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Freedom. Licensed in the State of California, USA.