This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
10727 Central Ave
Los Angeles, CA 90059
Property For Lease
HIGHLIGHTS
- The site is a fully built-out restaurant with a drive-thru window and newer equipment
- Zoning is C2-2D-CPIO TOC Tier 2 which means that a developer can obtain a density bonus if they build this project with an affordable component to it.
- Property is located in the Los Angeles State Enterprise Zone
- Located across the street from the Department of Public SocialServices and the Maxine Waters Employment Preparation Center
- Under utilized +/-9,454 square foot parcel located at the signalized corner of S. Central Avenue and E. 108th Street.
- The property is also proximate to the 105 Freeway entrance at S.Central Avenue and is just east of the 110/105 interchange
PROPERTY FACTS
| Property Type | Retail | Year Built | 1989 |
| Property Subtype | Fast Food | Parking Ratio | 9.52/1,000 SF |
| Gross Leasable Area | 1,365 SF |
| Property Type | Retail |
| Property Subtype | Fast Food |
| Gross Leasable Area | 1,365 SF |
| Year Built | 1989 |
| Parking Ratio | 9.52/1,000 SF |
ABOUT THE PROPERTY
Maher Commercial Realty is pleased to present this unique opportunity to purchase an +/- 9,454 square foot parcel zoned C2-2D-CPIO which is currently under utilized with a 1,365 square foot fast food structure on the property. The building is located at the signalized corner of S. Central Avenue and E. 108th Street in South Central Los Angeles. Using the TOC menu, a developer can build a +/- 39-unit development site. As a 100% affordable project, a buyer can build at least 65 units, or more if they chose to utilize the full height restriction of 108 feet. This is a very good value at only $15,500 per buildable door as a 100% affordable site and $25,000 per door as a TOC mostly market-rate site. This is a prime corner lot located across the street from the LA County Social Services building and the Maxine Waters Employment Preparation Center, offering future tenants immediate access to social services. This property is also a nicely built-out restaurant building with newer equipment and a drive-thru window. The property is available for lease at $3.75 NNN and can make a good investment property or owner-user property for a restaurant operator.
- Corner Lot
- Fenced Lot
- Restaurant
- Signalized Intersection
- Drive Thru
