$888,888
0.09 Acre Lot

6524 S Central Avenue, Los Angeles, California 90001

  • Commercial Sale Property Type
  • 1936 Year Built
Property Description

***DO NOT GO DIRECT, DO NOT DISTURB TENANTS***

Welcome to 6524 S Central, a value add deal in the up and coming community of Florence – Firestone. This property has a total of 11 existing units (9 upstairs and 2 downstairs). According to Planning department this small lot has very high density and can go up to 14 units. There are multiple metered utilities which will allow the owner to separately charge for those services. Florence – Firestone is a TOD Transit Oriented District Specific Plan that was adopted on 09.03.2019. There may also be funds available through the Los Angeles County Development Authority (LACDA) by way of Notice of Funding Availability (NOFA) to fund substantial rehabilitation of affordable housing in exchange for favorable loan terms through this program. There will be much development here over the next few years which may bring values significantly higher. Buyer and/or buyer’s agent to do all inspections and verify all information regarding listing. Private financing available. No information is guaranteed or warranty by listing agent or seller.

Basic Details
Commercial Sale
For Sale
SR23150340
$888,888
1936
0.09 Acre
Active
Mixed Use
Features
: Inside, Laundry Room, Common Area
$0
Address Map
CA
Los Angeles
Los Angeles
90001
Central
6524
Avenue
W119° 44' 37.5''
N33° 58' 48.9''
On corner of South Central Ave and East 66th St. Use Navigation/GPS/Google Maps
699 - Not Defined
S
Mixed Use
Additional Information
$0
$0
$0
$0
$0
4000
1
: 0-1 Unit/Acre
4043
11
2023-08-12
2
: Public
Broker/Agent Information
American Real Estate Experts
Andy Aguilar
Listing Information
SR207060007
SR5678006
Cash,Cash to New Loan,Conventional,Fannie Mae,Freddie Mac,Government Loan,Private Financing Available
Active
2024-09-30T18:48:37Z
CRMLS
: Standard
2023-08-12T10:25:09Z
Agent info
Ray Millman
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Contact Agent
Contact Us
ray@millmanteam.com 310.375.1069