6556 S Western Avenue, Los Angeles, CA 90047
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Listed Price :
$950,000
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Beds :
N/A
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Baths :
-
Property Size :
N/A sqft
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Year Built :
1946
Property Description
Renovated in April 2020, 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.
Interior Features
| Bedroom Information |
| Bedrooms |
N/A |
Listing Information
| Address |
6556 S Western Avenue |
| City |
Los Angeles |
| State |
CA |
| Zip |
90047 |
| County |
Los Angeles |
| Listing Agent |
Nicole Lu DRE #02045957 |
| Co-Listing Agent |
Oron Maher DRE #01299093 |
| Courtesy Of |
Maher Commercial Realty |
| List Price |
$950,000 |
| Status |
Active |
| Type |
Commercial |
| Structure Size |
N/A |
| Lot Size |
8,216 |
| Year Built |
1946 |
Listing information courtesy of: Nicole Lu, Oron Maher, Maher Commercial Realty. *Based on information from the Association of REALTORS/Multiple Listing as of Aug 16th, 2024 at 5:31 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
