Description
Maher Commercial Realty is 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).
Property Features:
- Price: $1,150,000
- Lot Size: +/-12,014 Sq.Ft.
- Price Per Sq.Ft. Land: $95.72
- Price Per Buildable Door: $24,468
- Zoning: C2-1VL-CPIO
- Number of Units: 47
- APN: 6043-004-014, 6043-004-015, 6043-004-016
