Description
Maher Commercial Realty is pleased to present this unique opportunity to purchase an +15,222 square foot lot zoned C2-1VL-CPIO. The property consists of a parking lot and +4,028 Sq.Ft. commercial building formerly used as a church and is currently vacant. The site is located at the corner of S. Avalon Blvd. and E. 118th Place in South Los Angeles.
A developer can build 88 to 154 units on the site.
This is a very good value at under $10,500 per buildable door.
The property consists of a well-loved +/-4,208 sq.ft. church on a large 15,222 sq.ft. corner parcel with easy visibility, and wide entrances from both S. Avalon Blvd and E. 118th Pl. This site offers a savvy investor or developer a wide variety of options, from renting to a new church to leveraging the flexible C2 zoning and developing a commercial property on the site.
Great location just three blocks north of beautiful Earvin “Magic” Johnson Park and Social Security Administration office and close to Ánimo Watts Charter High School and Ánimo Mae Jamison Charter Middle School. Easy access to the 110 Freeway and 105 Freeway Interchange.
Property Features:
- List Price: $1,595,000
- Building Sq.Ft: ±4,208 SF
- Lot Size Sq.Ft.: ±15,222 SF
- Price Per Sq.Ft.: $104.78
- Zoning: C2-1VL-CPIO
- Number of Units: 88 to 154
- Price Per Buildable Door: Under $10,500
- APN: 6084-005-035 and 6084-005-036
