$735,000
0.13 Acre Lot

8905 S Western Avenue, Los Angeles, California 90047

  • Commercial Sale Property Type
  • 1948 Year Built
Property Description

Amazing opportunity for an owner user, investor or developer to acquire a mixed use property in South Los Angeles with three retail units and a one bedroom residential unit upstairs, all on month-to-month terms with separate gas and electric meters. The property has a gated lot with secure on-site parking & roll up doors, high ceilings, and fifty feet of frontage on Western Avenue with over 30,000 vehicle daily traffic, presenting a perfect opportunity for an owner-user or investor. Rents are currently 50% below market, presenting significant upside. Alternatively, the Tier 2 TOC designation also presents an opportunity for a developer to take advantage of density bonuses to repurpose the C2 lot as affordable housing. Less than 2 miles to SoFi Stadium and the Kia Forum, and 6 miles from LAX, this centrally located asset provides consumers and tenants with easy access to the remainder of Southern California via nearby 110, 105 and 10 freeways.

Basic Details
Commercial Sale
For Sale
SB23195550
$735,000
1948
0.13 Acre
Active
Retail
Features
: None
$0
Address Map
CA
Los Angeles
Los Angeles
90047
Western
8905
Avenue
90th to Western
C36 - Metropolitan Southwest
S
C2 TOC-3
Additional Information
$0
$0
$0
$0
$0
4390
1
: 0-1 Unit/Acre
2023-10-19
780000
2
: Public
Broker/Agent Information
Imperial Real Estate
Mark Ehlers
Listing Information
Julia Chen
clw-c126553
CLW-X83394
PLG Estates
SBEHLEMAR
sb1342020
Active
2025-02-26T18:28:02Z
CRMLS
: Standard
2024-10-16T00:02:37Z
Agent info
Ray Millman
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Contact Agent
Contact Us
ray@millmanteam.com 310.375.1069