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.

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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6556 S Western Avenue 6015012001
Los Angeles, CA