$699,000
For Sale

9920 S Central Avenue

Los Angeles, CA 90002
Listing OfficeRodeo Realty
Browse 5 photos
Type:Purchase
Structure:Commercial
Zone:Commercial

Description

Attention builders/developers! Substantial price reduction for a 7,069 SF of land at 9920 S Central Ave. The 3,316 SF building once a Mortuary closed for several years would be a perfect Tear-Down to build low-income housing! The property is in an Enterprise Zone, TOC Tier 2 with a current zoning of C1-VL. Could possibly build a 3-4-story low-income apartment building (must check with the city). The seller has obtained a Phase 1 Report on the property and the Phase 1 Engineer recommends doing a Phase 2 inspection (at the buyer's cost). Any interested parties would have to do their own investigations with the City of Los Angeles. The sellers make no guarantees or warranties, and the property is sold As-Is. WARNING: No one is allowed to enter the building without signing a Waiver of Liability and Release Document and satisfy any other documentation request as a requirement to enter the building. Please contact the co- listing broker, Robert Leighton, for any further information. DO NOT ATTEMPT TO GO ON THE PROPERTY WITHOUT PERMISSION AND PROPER SUPERVISION. There is an additional parcel available for sale across from the 9920 S. Central property at 10002 S Central Ave that is also for sale. Call for details.

  • Property Details
      • Lot DescriptionCornerLot, NearPublicTransit
      • Property SubtypeCommercialSale
      • CountyLos Angeles
      • Original List Price$1,150,000
      • Property TypePurchase
      • MLS #24377041
      • MLS #24377041
      • Acres0.1621
      • Cost699000
      • Year Built1947
      • Stories2

Location

Cristina Arneson-CabreraReal Estate Group
$
years

Down Payment

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%
10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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annually
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monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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